Newsflash

Big model unicorn company, a new round of financing officially landed. Less than a month before the official announcement of the cumulative financing of 2.5 billion yuan during the year in October 2023, Beijing Zhi Spectrum Huazhang Technology Co Ltd (Zhi Spectrum AI, hereinafter referred to as: Zhi Spectrum), was revealed to be in the process of a new round of financing at a valuation of 20 billion yuan. So far this year, Smart Spectrum ...

The National Internet Information Office website on August 5, according to the "Internet Information Services Depth Synthesis Management Regulations", the State Internet Information Office publicly released the seventh batch of domestic depth synthesis service algorithm filing information. According to the filing list, Huawei Cloud's "Huawei Cloud MetaStudio Split Number...

On July 25, market news said that the big model startup Baichuan Intelligence has recently completed the A round of financing, the total amount of financing amounted to 5 billion yuan, and will open the B round of financing at a valuation of 20 billion yuan. The investors in the A round include Ali, Xiaomi, Tencent, Asia Investment Capital, CICC and other head manufacturers and market-oriented...

Redwood City-based GenAI inference platform provider Fireworks AI has closed a $52 million Series B funding round. According to the company, with this round, it raised a total of $77 million, valuing the company at $5.52 ...

Runway has released its latest model, Gen-3 Alpha, a breakthrough text-to-video AI model that sets a new benchmark for video creation. The advanced model allows users to generate 10-second-long videos using only text prompts, still images, or prerecorded...

Google has released Gemma 2, the second version of its open weighting model, which includes three models with 2 billion, 9 billion, and 27 billion parameters. Currently, only the 9 and 27 billion parameter models are available. These models have been tested in various benchmarks...

METiS Pharmaceuticals, an innovative biotech company specializing in "AI+drug delivery", announced the completion of its US$100 million Series C financing round, led by CICC Capital's fund and followed by China Taiping's Taiping Hong Kong Insurance Science and Technology Fund. Together with this...

June 21 in Dongguan, Guangdong Province, Huawei Developer Conference 2024, Huawei Technologies Co., Ltd. managing director, Huawei Cloud CEO Zhang Pingan released in the full range, multi-modal, strong thinking in the three aspects of the new upgrade of the Pangu big model 5.0. Zhang Pingan said Pangu 5.0 launched to adapt to the different industries...