Multiple significant AI and tech industry developments were reported recently. Wanxiang launched its Wan3.0 video generation model, enabling 30-second video creation from various document inputs with strong performance across multiple fields, available at a 70% discounted API price during a limited promotion. The Second World Humanoid Robot Games opened at the National Speed Skating Oval, attracting 666 teams globally, with the Tian Gong Ultra robot breaking the human 100-meter record and new competition events added for real-world use cases. Xiaomi unveiled three self-developed AI chips (Xuanjie O3, O100, D100) covering mobile devices, large model acceleration, and intelligent driving. ByteDance merged its TRAE and Coze AI office teams into Doubao, with the platform set to release its independent “Doubao Work” product this week. Alibaba plans to issue 80 billion HKD in new shares, allocating all funds to AI development, following strong demand for the offering. The anonymous Ox Alpha reasoning model surged on OpenRouter, exceeding 4 trillion tokens in cumulative usage. Lastly, Shao Yin released the OpenFit 2 AI earbuds, integrating the Qwen large model for AI voice processing and translation along with long battery life. Meanwhile the global largest AI open-source platform Hugging Face is seeking a sale, with a potential valuation over $13 billion.

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