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Xiaopeng Robotics has completed its first round of financing at over 900 million USD, achieving a post-money valuation of more than 6.3 billion USD, the highest in China’s embodied intelligence sector. IDG Capital led the round along with Gao Rong Venture Capital, while Tencent and Alibaba acted as strategic investors, with Xiaopeng Group retaining control. All four parties consider it one of the largest single investments in embodied intelligence to date. The company’s humanoid robots are deemed at the leading level in China and capable of global competition. The funds will help establish a valuation system for the business, speed up mass production of humanoid robots and AI model development, and advance the commercial rollout of advanced general-purpose humanoid robots globally. The investment also signals growing interest from top financial and strategic players in the embodied intelligence sector, as the industry shifts toward large-scale implementation rather than just technical testing.
Xiaopeng Robotics has completed its first round of financing at over 900 million USD, achieving a post-money valuation of more than 6.3 billion USD, the highest in China’s embodied intelligence sector. IDG Capital led the round along with Gao Rong Venture Capital, while Tencent and Alibaba acted as strategic investors, with Xiaopeng Group retaining control. All four parties consider it one of the largest single investments in embodied intelligence to date. The company’s humanoid robots are deemed at the leading level in China and capable of global competition. The funds will help establish a valuation system for the business, speed up mass production of humanoid robots and AI model development, and advance the commercial rollout of advanced general-purpose humanoid robots globally. The investment also signals growing interest from top financial and strategic players in the embodied intelligence sector, as the industry shifts toward large-scale implementation rather than just technical testing.
MiniMax launched its new multimodal generation model MiniMax H3, which accepts text, images, video, and audio inputs and outputs HD video with native stereo audio. It integrates multiple tasks into a single pretraining framework, boosting end-to-end throughput by 30% and reducing inference costs. Full open-source release is planned within days.
MiniMax launched its new multimodal generation model MiniMax H3, which accepts text, images, video, and audio inputs and outputs HD video with native stereo audio. It integrates multiple tasks into a single pretraining framework, boosting end-to-end throughput by 30% and reducing inference costs. Full open-source release is planned within days.
AI is accelerating software vulnerability discovery, with 2026 numbers expected to double 2025's record. In 2025, US National Vulnerability Database recorded 45,207 flaws by July. Oracle fixed 1,449 vulnerabilities in July, Microsoft 642, and Google 433 Chrome flaws, all records. However, actual attacks have not kept pace, as many vulnerabilities are found internally by companies' own AI tools.
AI is accelerating software vulnerability discovery, with 2026 numbers expected to double 2025's record. In 2025, US National Vulnerability Database recorded 45,207 flaws by July. Oracle fixed 1,449 vulnerabilities in July, Microsoft 642, and Google 433 Chrome flaws, all records. However, actual attacks have not kept pace, as many vulnerabilities are found internally by companies' own AI tools.
OpenAI CEO Sam Altman testified in the Musk vs OpenAI trial stating Elon Musk left the company during its difficult times due to his desire for control not being met Altman refuted claims OpenAI abandoned its nonprofit mission revealing Musk failed to fulfill financial commitments suggested a merger with Tesla and criticized his management style The trials outcome will shape OpenAIs future legal and corporate structure
OpenAI CEO Sam Altman testified in the Musk vs OpenAI trial stating Elon Musk left the company during its difficult times due to his desire for control not being met Altman refuted claims OpenAI abandoned its nonprofit mission revealing Musk failed to fulfill financial commitments suggested a merger with Tesla and criticized his management style The trials outcome will shape OpenAIs future legal and corporate structure
Snap Inc will lay off about 1000 employees or 16 of its global workforce and leave over 300 positions unfilled CEO Evan Spiegel called the move necessary for longterm survival He linked the cuts to AI efficiency gains noting over 65 of new code is AIgenerated The restructuring aims to cut over 500 million in annual costs by 2026 and helped boost the companys stock Snap raised its Q1 revenue forecast as it shifts to a more technologyintensive model
Snap Inc will lay off about 1000 employees or 16 of its global workforce and leave over 300 positions unfilled CEO Evan Spiegel called the move necessary for longterm survival He linked the cuts to AI efficiency gains noting over 65 of new code is AIgenerated The restructuring aims to cut over 500 million in annual costs by 2026 and helped boost the companys stock Snap raised its Q1 revenue forecast as it shifts to a more technologyintensive model
OpenAI launched its AI browser ChatGPT Atlas but Equity podcast hosts say AI browsers offer only slight efficiency gains at best face monetization challenges for most companies and fail to provide a compelling reason for users to switch from established options
OpenAI launched its AI browser ChatGPT Atlas but Equity podcast hosts say AI browsers offer only slight efficiency gains at best face monetization challenges for most companies and fail to provide a compelling reason for users to switch from established options
