17 billion! Largest financing for a large Chinese model, changing ownership in just one day
According to sources, Step Star will complete nearly 2.5 billion U.S. dollars (about 17 billion yuan) financing, and has dismantled the red chip structure, accelerated preparations for the IPO in Hong Kong, or will become the Chi Spectrum, MiniMax in addition to the other domestic large model companies listed in Hong Kong. To be completed, this round of financing will be over...
Moonshot AI secures another $2 billion in funding, valuing over $20 billion and becoming China's most highly funded large model company
On May 6, Kimi's parent company Dark Side of the Moon is about to close a new $2 billion round of financing, with a post-investment valuation topping $20 billion, according to LatePost. The round was led by Meituan Dragon Pearl (which contributed over $200 million), with participation from China Mobile and CPE (CITIC Industrial Fund). ...
OpenAI dumps GPT-5.5 Instant! Illusion plummets 52%, talks 30% less, all free!
Today, OpenAI officially launched GPT-5.5 Instant version, which will be gradually rolled out to all ChatGPT users starting today, replacing GPT-5.3 Instant as the default model. This update mainly reflects the daily interaction, GPT-5.5...
AI Big Model's “Chinese Tax”: Chinese Costs More Token Than English, Why?
When Opus 4.7 was first released, there were a lot of complaints on X. Some people said that one conversation used up her session quota. Some people said that one conversation maxed out her session quota, others said that the cost to run the same piece of code more than doubled from the previous week, and still others revealed that their $200 Max subscription touched down in less than two hours...
Historic Moment! Anthropic Valuation Soars Past Trillion Dollars, Overtakes OpenAI for First Time
Over the past few weeks, the hottest company in Silicon Valley's private equity secondary market has turned out to be Anthropic. Anthropic has been valued at nearly $1 trillion on unlisted equity trading platforms such as Forge Global, with some sellers making even higher offers of ...
ChatGPT Images 2.0 Shocking Release, Crushes Google Nano Banana, Design Is Really Finished
The livestream started on time at 3:00 am Beijing time, and OpenAI released ChatGPT Images 2.0. According to the introduction, "ChatGPT Images 2.0 is the next step in the evolution: a state-of-the-art model capable of handling complex visual tasks...
Heavy official announcement: Cook steps down, John Turnus officially takes over as Apple CEO
April 21, 2011 - Global tech giant Apple dropped a bombshell today: the company announced a historic succession plan for top management. Current CEO Tim Cook will become Executive Chairman of the Board of Directors, while current Senior Vice President of Hardware Engineering John T...
Claude Opus 4.7 Late Night Blast! Competent for longer tasks, autonomous checking, and pulling full visual capacity
Yesterday night, Anthropic released the next generation of its flagship large model, Claude Opus 4.7. ▲Anthropic Releases New Model Claude Opus 4.7 (Image Source: X) The model is more advanced in terms of software engineering compared to Opus 4.6...
Just now, Tencent's latest world model open source! Build a 3D world in one sentence, compatible with game engines
Today, Tencent officially released and open-sourced the Hybrid 3D World Model 2.0 (HY-World 2.0). As a multi-modal world model, HY-World 2.0 supports inputs in the form of text, images, and video, and can automatically generate, reconstruct, and simulate complete 3D worlds. For ...
NVIDIA launches world's first open-source quantum AI model to help develop quantum chips
Last night, NVIDIA announced NVIDIA Ising, the world's first open-source quantum AI model, designed to accelerate progress toward practical quantum computers and help researchers and businesses build quantum chips that can run practical applications. According to NVIDIA's disclosure, NVIDIA Ising open...
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