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Moonshot AI's Kimi K2, a 1 trillion-parameter open-source model, surpasses Grok in market share. It excels in 128K context reasoning, outperforms Claude/GPT-4 in benchmarks, and offers free API. Now open on Hugging Face.....

Moonshot AI's open-source model Kimi K2, with 1 trillion parameters, excels in coding and reasoning. Its low cost and open strategy quickly gained 1.5% market share, surpassing Grok4 and GPT-4.1.....

OpenAI acquires io Products, an AI equipment company founded by Jony Ive, former design director of Apple, through a stock-only deal worth $6.5 billion, officially entering the hardware field. This acquisition brings OpenAI a top team that previously worked on the design of the iPhone. Jony Ive will be deeply involved in product design. Despite previous setbacks due to trademark disputes, this remains OpenAI's largest acquisition to date. CEO Sam Altman stated that this move will drive the integration of AI technology and hardware, and future innovative AI devices will be launched. The acquisition marks OpenAI's step into the tech scene.

Baidu's stock surged 5% to $90.68, driven by China's booming AI model market. With 1810 projects totaling $64M in H1 2025, Baidu Intelligent Cloud leads in finance and energy sectors, securing 48 projects worth $51M. Partnered with 65% of state-owned enterprises for AI.....

According to KPMG China's recent report, "The First 50 Health Tech Companies," China accounts for more than 70% of the global release volume of medical large models. This data not only demonstrates China's rapid development in the field of intelligent healthcare, but also reflects the wide application of large language models in the healthcare industry. The report points out that about 65% of the currently released medical large models are large language models. These models can process and generate natural language, playing a significant supporting role in the analysis of medical data, patient communication, and scientific research.

Recently, the Robotaxi industry has become increasingly popular. A new research report from JPMorgan stated that Baidu's market capitalization should reach $79.6 billion. This news has attracted widespread attention in the market, especially as major players in the autonomous driving industry are beginning to emerge. According to predictions from overseas research institutions, the valuation of the renowned autonomous driving company Waymo is expected to surge to $75 billion next year, prompting the industry to re-evaluate the value of Robotaxi. Analysts believe that within the country, the company known as Apollo Go...

Recently, Baidu officially announced the open-source release of its WENXIN Large Model 4.5 series, launching a total of ten models, including mixed expert (MoE) models with 47B and 3B activated parameters, as well as dense models with 0.3B parameters. This open-source initiative not only fully publicizes the pre-trained weights but also provides inference code, marking a significant advancement for Baidu in the field of large models. These newly released models can be downloaded and deployed on platforms such as PaddlePaddle Starry Sky Community and Hugging Face. Additionally, Baidu Intelligent Cloud's Qianfan Large Model Platform also provides

In a recent funding round, Abridge, an artificial intelligence startup dedicated to automating medical records, successfully raised $300 million in Series E financing, increasing its valuation to $5.3 billion. The round was led by the renowned investment firm Andreessen Horowitz, with Khosla Ventures also participating. Notably, this funding followed the company's $250 million funding round in February, when its valuation was $2.75 billion. Abridge has been in operation for seven years.

The global AI market is experiencing explosive growth. According to the latest research report, the global artificial intelligence (AI) market size is expected to soar from $273.6 billion in 2023 to $5.26 trillion by 2035, with a compound annual growth rate of 30.84%. This forecast highlights the significant impact of AI technology on the global economy over the next decade.

Market Growth Forecast - A latest industry report shows that the global artificial intelligence (AI) market size is expected to grow from $273.6 billion in 2023 to $5.26 trillion by 2035, with a compound annual growth rate as high as 30.84%. This figure highlights that AI technology will continue to maintain rapid development over the next decade.