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Google CEO Sundar Pichai said generative AI features like AI Overview and AI Mode drove search growth, with AI Mode surpassing 1 billion monthly active users. Core search revenue rose 17% YoY, and Alphabet posted $119.8B quarterly revenue, up 24%. However, publishers report declining website traffic as AI generates direct answers.
Google CEO Sundar Pichai said generative AI features like AI Overview and AI Mode drove search growth, with AI Mode surpassing 1 billion monthly active users. Core search revenue rose 17% YoY, and Alphabet posted $119.8B quarterly revenue, up 24%. However, publishers report declining website traffic as AI generates direct answers.
WeChat Pay is testing AI payment features with Tencent's WorkBuddy, planning an AI Exclusive Card in WeChat Wallet for AI agents. It uses independent fund management and requires user password verification. Meanwhile, Alipay launched its AI version product Abao on June 16. The Payment+AI sector is heating up, with experts noting it's still early; AI agents may evolve from tools to digital agents for autonomous transactions.
WeChat Pay is testing AI payment features with Tencent's WorkBuddy, planning an AI Exclusive Card in WeChat Wallet for AI agents. It uses independent fund management and requires user password verification. Meanwhile, Alipay launched its AI version product Abao on June 16. The Payment+AI sector is heating up, with experts noting it's still early; AI agents may evolve from tools to digital agents for autonomous transactions.
ByteDance and HKUST released MMProLong, a multimodal model excelling in long document Q&A. Ant Lingbo's LingBot-VA robot control paper was accepted by RSS 2026. Tencent's ima platform fully opened its Copilot AI agent and launched a knowledge skill sharing platform. The AI animated drama market sees policy shifts as Red Fruit cancels guarantees. Mianbi Intelligence and Tsinghua University released China's first 1.58-bit large model, BitCPM-CANN. xAI unveiled the 1.5 trillion parameter Grok V9-Medium model for programming tasks. Gaode Maps integrated its 'Ask Store Location' AI tool into DingTalk Wukong. OpenAI plans its first overseas AI lab in Singapore with a $234M+ investment.
ByteDance and HKUST released MMProLong, a multimodal model excelling in long document Q&A. Ant Lingbo's LingBot-VA robot control paper was accepted by RSS 2026. Tencent's ima platform fully opened its Copilot AI agent and launched a knowledge skill sharing platform. The AI animated drama market sees policy shifts as Red Fruit cancels guarantees. Mianbi Intelligence and Tsinghua University released China's first 1.58-bit large model, BitCPM-CANN. xAI unveiled the 1.5 trillion parameter Grok V9-Medium model for programming tasks. Gaode Maps integrated its 'Ask Store Location' AI tool into DingTalk Wukong. OpenAI plans its first overseas AI lab in Singapore with a $234M+ investment.
Moonshot AI, parent company of Kimi, raised $2B at a $20B+ valuation. Funds will advance next-gen model development, enhance reasoning capabilities, and support global expansion into markets like Southeast Asia and the Middle East.
Moonshot AI, parent company of Kimi, raised $2B at a $20B+ valuation. Funds will advance next-gen model development, enhance reasoning capabilities, and support global expansion into markets like Southeast Asia and the Middle East.
Sixteen Chinese and international academic bodies including the Chinese Association for Artificial Intelligence released the Global AI Governance Science and Technology Association Initiative. It calls for AI development to serve humanitys common wellbeing and insists on safety as a governance bottom line. The initiative advocates for equitable international participation cross sector collaboration and public science education to promote beneficial AI
Sixteen Chinese and international academic bodies including the Chinese Association for Artificial Intelligence released the Global AI Governance Science and Technology Association Initiative. It calls for AI development to serve humanitys common wellbeing and insists on safety as a governance bottom line. The initiative advocates for equitable international participation cross sector collaboration and public science education to promote beneficial AI
A US judge will allow Elon Musks lawsuit against OpenAI to proceed to trial Musk alleges OpenAI breached its founding nonprofit mission by pursuing profits The trial is tentatively scheduled for March
A US judge will allow Elon Musks lawsuit against OpenAI to proceed to trial Musk alleges OpenAI breached its founding nonprofit mission by pursuing profits The trial is tentatively scheduled for March
A record $115B poured into funding rounds of $100M+ for companies under 3 years old in 2025, per Crunchbase, led by mega-funding for young AI startups like xAI, Mistral AI and Safe Superintelligence. 36 of the 46 newly unicorn startups are in AI, though robotics and energy tech also secured large rounds. This signals a VC trend toward placing massive, early bets on the most promising founders.
A record $115B poured into funding rounds of $100M+ for companies under 3 years old in 2025, per Crunchbase, led by mega-funding for young AI startups like xAI, Mistral AI and Safe Superintelligence. 36 of the 46 newly unicorn startups are in AI, though robotics and energy tech also secured large rounds. This signals a VC trend toward placing massive, early bets on the most promising founders.
