News
News
Meta Launches New Round of 10% Layoffs, Transfers 7,000 Employees to AI Projects
Meta announced a new round of massive layoffs on May 20, 2026, planning to cut about 10% of its global workforce (approximately 8,000 people) while transferring about 7,000...
2026-05-21
Elon Musk Loses Lawsuit Against OpenAI!
On May 18, 2026, a federal jury in Oakland, California unanimously ruled against Elon Musk in his lawsuit against OpenAI, CEO Sam Altman and co-founder Greg Brockman. The jury...
2026-05-21
Google I/O 2026 Unveils Gemini 3.5 Series, Omni Video Generation and Spark Agent
Google held its annual I/O developer conference on May 19, 2026, unveiling major AI breakthroughs. The new Gemini 3.5 Flash model becomes the default for Gemini app and Google...
2026-05-21
Baidu Releases ERNIE 5.1: Pre-Training Cost Only 6% of Industry, No.1 in China Search
On May 9, Baidu officially released ERNIE 5.1, adopting multi-dimensional elastic pre-training: total parameters reduced to 1/3 of the previous version, active parameters to 1/2,...
2026-05-13
Kuaishou’s Kling AI Video Spinoff Planned at ~$20B Valuation
On May 12, it was reported that Kling, Kuaishou’s AI video generation brand, is preparing for a spin-off IPO and in Pre-IPO funding talks at a ~$20 billion valuation. Kling...
2026-05-13
OpenAI Launches $4B Deployment Company & Acquires Tomoro for Enterprise AI
On May 11, OpenAI launched its independent deployment company, OpenAI Deployment Co., with over $4 billion in initial investment, and acquired AI consulting firm Tomoro...
2026-05-13
Moonshot AI's Kimi Secures $2B Funding, Valuation Exceeds $20B Post‑Investment
On May 6, Chinese LLM firm Moonshot AI (Kimi) announced $2B in new funding, led by Meituan Dragon Ball, with participation from China Mobile, CPE Source and others. Post‑money...
2026-05-07
Musk Explains xAI Shutdown: Merged into SpaceX, Renamed SpaceXAI, Focused on Space Compute
On May 6, Musk officially explained xAI’s shutdown on X: xAI will no longer exist as an independent company; it will be merged into SpaceX and renamed SpaceXAI, positioned as...
2026-05-07
OpenAI Launches GPT-5.5 Instant with 52.5% Lower Hallucination Rate
On May 5, OpenAI officially upgraded ChatGPT’s default model to GPT-5.5 Instant, replacing GPT-5.3 Instant. It focuses on higher accuracy, concise responses, and fewer...
2026-05-07
Microsoft and OpenAI Revised Cooperation, Ending Exclusive Tie
Microsoft and OpenAI revised their cooperation agreement and cancelled the exclusive computing power partnership. OpenAI is allowed to cooperate with more cloud service providers,...
2026-04-28
Google to Invest Up to $40B in Anthropic, Forging Compute & Ecosystem Ties
On April 27, per WSJ and other outlets, Google plans an initial $10B investment in Anthropic, plus $30B in follow-ups, totaling up to $40B at a $3500–3800B valuation. Google will...
2026-04-28
DeepSeek V4 Open Source Goes Viral: 1.6T Parameters, 1M Context, Domestic Compute Support
On April 24, Chinese AI firm DeepSeek launched and open‑sourced V4 series: V4‑Pro (1.6T parameters) and V4‑Flash (284B), with 1M‑token context. A key highlight is full...
2026-04-28