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Meituan launched CatPaw, an AI Agent platform powered by its open-sourced LongCat 2.0 trillion-parameter model, the first to complete training on 50,000 domestic computing cards. CatPaw integrates local lifestyle expertise into a no-code enterprise workbench, supporting multi-Agent collaboration, 7x24 operation, and long-term memory. It now serves 90,000 Meituan employees with over 30,000 agents built.
Meituan launched CatPaw, an AI Agent platform powered by its open-sourced LongCat 2.0 trillion-parameter model, the first to complete training on 50,000 domestic computing cards. CatPaw integrates local lifestyle expertise into a no-code enterprise workbench, supporting multi-Agent collaboration, 7x24 operation, and long-term memory. It now serves 90,000 Meituan employees with over 30,000 agents built.
Alibaba released OvisOCR2, an open-source 0.8B-parameter document parsing model. It scored 96.58 on OmniDocBench, ranking first and surpassing traditional pipeline methods. Using single-model generation, it outputs Markdown with text, formulas, tables, and visuals. Achieved via SFT, reinforcement learning, online policy distillation, and model ensembling.
Alibaba released OvisOCR2, an open-source 0.8B-parameter document parsing model. It scored 96.58 on OmniDocBench, ranking first and surpassing traditional pipeline methods. Using single-model generation, it outputs Markdown with text, formulas, tables, and visuals. Achieved via SFT, reinforcement learning, online policy distillation, and model ensembling.
OpenAI has begun testing ads in its chatbot, targeting 2.5 billion in ad revenue this year and 100 billion by 2030. However, eMarketer research shows the independent chatbot ad market will reach only 5.4 billion by 2030, meaning OpenAI could miss its goal by 90%. High computing costs, projected at 600 billion by 2030, compound the challenge.
OpenAI has begun testing ads in its chatbot, targeting 2.5 billion in ad revenue this year and 100 billion by 2030. However, eMarketer research shows the independent chatbot ad market will reach only 5.4 billion by 2030, meaning OpenAI could miss its goal by 90%. High computing costs, projected at 600 billion by 2030, compound the challenge.
DeepSeek will launch its V4 general version in mid-July, introducing peak and off-peak API pricing. Peak hours 9-12 and 14-18 Beijing time double API call costs for developers. Despite the increase, base rates remain low due to prior price cuts, keeping DeepSeek V4 cheaper than overseas models. This shift marks refined computing resource management. Global enterprises are migrating to low-cost open-source models as AI tools adopt token-based billing.
DeepSeek will launch its V4 general version in mid-July, introducing peak and off-peak API pricing. Peak hours 9-12 and 14-18 Beijing time double API call costs for developers. Despite the increase, base rates remain low due to prior price cuts, keeping DeepSeek V4 cheaper than overseas models. This shift marks refined computing resource management. Global enterprises are migrating to low-cost open-source models as AI tools adopt token-based billing.
At WWDC, LM Studio and Apple ran Moonshot AI's 1-trillion-parameter Kimi K2.6 model on four Mac Studios with M3 Ultra chips. Using Thunderbolt 5 RDMA, they unified ~2TB memory into a single pool, achieving 28 tokens/s inference with low power. LM Link enables secure remote access. This shows Apple Silicon as a cost-effective alternative to GPU clusters for large model deployment.
At WWDC, LM Studio and Apple ran Moonshot AI's 1-trillion-parameter Kimi K2.6 model on four Mac Studios with M3 Ultra chips. Using Thunderbolt 5 RDMA, they unified ~2TB memory into a single pool, achieving 28 tokens/s inference with low power. LM Link enables secure remote access. This shows Apple Silicon as a cost-effective alternative to GPU clusters for large model deployment.
AI startup Anthropic is in early talks to raise over 30 billion USD potentially at a premoney valuation exceeding 90 billion which could set a new record for AI startup valuations The funds aim to cover soaring computing costs and support product growth The deal may close by late May and if successful would position Anthropics valuation to rival or surpass OpenAIs 85 billion mark reflecting intense market competition and resource concentration in generative AI
AI startup Anthropic is in early talks to raise over 30 billion USD potentially at a premoney valuation exceeding 90 billion which could set a new record for AI startup valuations The funds aim to cover soaring computing costs and support product growth The deal may close by late May and if successful would position Anthropics valuation to rival or surpass OpenAIs 85 billion mark reflecting intense market competition and resource concentration in generative AI
TechCrunch Disrupt 2025 is in San Francisco from Oct 27-29 The event for startups and tech features 10000 attendees and over 250 speakers including leaders from Google Cloud NVIDIA and OpenAI A final discount offer saving up to 624 on tickets ends October 17
TechCrunch Disrupt 2025 is in San Francisco from Oct 27-29 The event for startups and tech features 10000 attendees and over 250 speakers including leaders from Google Cloud NVIDIA and OpenAI A final discount offer saving up to 624 on tickets ends October 17
