All Updates
Page 641 of 1674
May 13, 2026
SoftBank Record 5T Yen Profit from OpenAI
SoftBank Group announced FY2026 net profit of over 5 trillion yen, up 333.7% YoY, marking the highest in Japanese corporate history. The surge was primarily driven by investment gains from OpenAI and other assets.
Japan Megabanks Gain Mythos Access
Japan’s three megabanks are set to secure access to Anthropic’s Mythos AI model. This follows its limited release last month, which raised cybersecurity risk fears.
Tencent Denies Major Layoff Plans
At the shareholder meeting, Tencent President Liu Chiping addressed layoff concerns. He confirmed no plans for major layoffs. Tencent differs from Silicon Valley companies in its approach.
Meta loses EU court fight on publisher payments
The EU's Court of Justice ruled that Italy’s AGCOM can require Meta to pay publishers for using news snippets. This marks the bloc’s first direct top court intervention. Meta failed to overturn the regulatory order.
OpenAI $800B Valuation Hides No Moats
OpenAI chose risky expansion over core focus, now falters with shaky foundations despite 852B valuation, 122B funding, 9B users. Products stall, rivals position, organization fractures. Execution-only barrier proves unsustainable.
Kuaishou Relies on Kling to Feed the Family
Kuaishou is increasingly depending on its AI video generation model Kling for revenue amid business pressures. The article uses metaphors like Kling 'supporting the family' and questions who hopes for Kling to 'wean off' and become independent.
Congress Probes Altman's Stockless $30B Empire Build
US Congress is investigating Sam Altman over OpenAI's structure. Explores how the non-shareholding CEO built a $30B empire via 'extracorporeal circulation' strategies. Pierces the tech ideal filter and AI capital bubble narrative.
Europe's cloud reliance risks AI sovereignty
Europe's heavy reliance on foreign cloud providers exposes AI and data sovereignty to political risks. Dependencies on US firms like Nvidia and AMD for GPUs and GPUaaS are highlighted. This extends beyond technical issues to geopolitical vulnerabilities.
TikTok appeals DMA gatekeeper status at CJEU
ByteDance's TikTok challenged its DMA gatekeeper designation before the CJEU Grand Chamber. This is the first such appeal to reach Europe's top court in Case C-627/24 P. TikTok seeks to escape regulatory obligations.
Trump Reveals New US-China Tech Boundaries
Analysis argues against US firms decoupling from China, highlighting $640B+ revenue, R&D growth, and strategic benefits like talent access. 2023 data shows manufacturing sales at 55%, with top firms like Apple dominating. Policy urges offshoring non-China market production while preserving market presence.
Anduril Hits $61B Valuation in Funding
Defense tech firm Anduril Industries valued at $61 billion. $5 billion round led by Thrive Capital and Andreessen Horowitz. Company announced Wednesday.
Sugon Unveils 200M IOPS Flash Storage
Sugon launched FlashNexus 9000, a high-end all-flash storage with 200M IOPS and 0.09ms latency. It features self-developed 'Super Tunnel' and NexusMatrix tech for stability and security. Fully domestic core components, self-researched software, supports 20+ OS, databases, cloud-native, and K8s.
Webidoo Raises $25M for SMB AI Layer
Webidoo, a Milan- and Chicago-based Italian-American AI startup, has closed a $25M funding round led by Azimut Libera Impresa’s IXC3 fund. The company plans to scale agentic AI solutions for small and medium-sized businesses (SMBs) and pursue US acquisitions. It builds software tailored for SMB operations.
Ex-Qwen Lead Launches $2B Startup
Lin Junyang, former Alibaba Qwen technical lead, has started a new AI company focusing on world models and embodied intelligence, seeking funding at a ~$2B valuation. He has recruited talent from ByteDance, Tencent, and overseas firms, approaching investors like Sequoia China and Gaorong Capital. This follows his abrupt departure from Alibaba amid team restructuring.
Tencent Music Profits Up, Users Down Amid AI Shift
Q1 revenue 79亿元 +7.3%, net profit 23.3亿元 +4.8%, driven by non-member income +28%. MAU drops to 5.28亿, losing 64M users; ByteDance rivals surge. AI music generators like Suno threaten copyright moat.
Anduril Secures $5B Funding at $61B Valuation
Defense startup Anduril raised $5 billion in funding. The company, specializing in AI-backed weapons, doubled its valuation to $61 billion in one year. This underscores investor confidence in AI military tech.
Sci-Fi Author Builds Solo AI Company
郝景芳解散開發團隊，轉用AI代理獨自開發AI老師產品，並將童行書院拆分成9個一人公司，總部全職人力為零。她形容AI編程帶來如熱戀般的上癮快感，遠勝寫小說的艱辛過程。這種全AI工作流避免了人機混合的溝通障礙。
DoD Uses Anthropic Mythos Despite Exclusion
The US Department of Defense revealed it is using Anthropic's Claude Mythos Preview. Simultaneously, it is accelerating migration to phase out Anthropic services entirely. This dual approach occurs amid critical national security challenges.
MediaTek Unveils AI Agent Engine 2.0 & Claw
MediaTek launched Dimensity AI Agent Engine 2.0 with SensingClaw for low-power always-on sensing, enabling proactive Agent OS on devices. Partnered with OPPO, Xiaomi, and Transsion for system-native Claw featuring cross-app execution and privacy protection. Also released Tianxian AI Dev Kit 3.0 to boost edge multimodal AI agents.
Alibaba Health Launches Hydrogen Ion Medical AI
Alibaba Health has unveiled 'Hydrogen Ion', a medical AI tool. It partners exclusively with UK's BMJ Group, providing Chinese doctors access to over 70 leading medical journals and multimedia resources.