All Updates
Page 726 of 1667
May 6, 2026
Lumentum Orders Backlogged to 2028
Lumentum reported Q3 revenue up 90% YoY to a record $808M. Profit margins surged with gross margin up 540bps and operating margin up 700bps QoQ. CEO notes orders queued to 2028 as GPU cluster optics demand outpaces supply.
500M RMB Robot Fund Launches in Anhui
Anhui Zhongjin Robot Industry Fund (LP) registered with 500M RMB capital. Managed by CICC Private Equity, backed by local investors including Wuhu Robot Development Group. Focuses on equity investments in robotics.
Intel Turns Leader: Stock Up 100%+ in April
Intel has transformed from laggard to leader in charts. Its stock surged over 100% in April. No signs of slowdown heading into May.
AI's Role in HR Pay Strategy Design
Explores AI's influence on HR compensation systems and strategy design. AI supports structured tasks but struggles with flexible communication. Personalized decisions remain beyond AI's current reach.
Stack Eyes $30B Sale of Asia Data Centers
Blue Owl Capital-owned Stack Infrastructure is considering options including selling its Asian business assets in Australia, Japan, and Malaysia. The company is in talks with potential advisors. Deal value could exceed $30 billion.
Taobao 510 Event Adds AI Try-On Play
Taobao's third annual 510 anniversary 'answer questions for free orders' event launched May 6, featuring new AI try-on functionality. Users search '淘宝免单' and guess numbers via clues until May 9.
Stack Eyes $30B Asia Ops Sale
Stack Infrastructure, a data center firm owned by Blue Owl Capital, is exploring a potential sale of its Asia operations valued at around $30 billion. The consideration comes from discussions with people familiar with the matter. This move could reshape regional data center landscapes.
Ex-DLR Engineer Launches AI Hardware Platform
Orthogonal's ODE is an AI-native cloud platform integrating full hardware development from design to manufacturing via natural language prompts. Founded by ex-DLR engineer Ji Yang, it auto-generates models and simulations 5-10x faster than traditional tools like Dassault. Early adopters include ESA, DLR, and Volkswagen.
AI Skill Removes Formulaic AI Flavor
Author developed a skill using AI to strip formulaic 'AI taste' from AI outputs shaped by strict rules. Questions if removing current AI flavor might introduce a new one. Full article explores this concept.
China AI Chips Boom Hikes PC Prices
Domestic Chinese AI chip production is surging, driving up prices of computers and smartphones beyond gold's rise. Consumers' extra spending is being captured by AI demand. Future price drops remain uncertain.
Jane Street $40B Revenue Bets on AI
Quant trading firm Jane Street posted record $39.6B revenue and $31.2B EBITDA in 2025, with $9.38B salaries averaging RMB 18M per employee. Expanding in Hong Kong while investing in AI leaders like Anthropic and CoreWeave. Draws parallels to China's DeepSeek and Huafang Quant AI shifts.
Google Tops $1M Profit Speed at 3:59
Best Brokers report crowns Google fastest to $1M net profit in 3:59 seconds, ahead of Nvidia (4:23) and Microsoft (5:10). Chinese banks rank 11th-14th, Tencent 15th. Per-employee profits rank AppLovin #1, Google #18th.
India Red-Alerts Infosec Over Mythos AI Risks
India’s SEBI urges equities market players to review infosec systems immediately. This follows concerns that Anthropic’s Mythos bug-finding AI could spark cyberattack sprees. Regulators stress new strategies and cyber basics.
AMD CPU Surge Eyes MI450 Boost
CPU market enters an upward cycle. AMD anticipates growth with MI450 enabling 'dual wheel drive' of CPU and GPU. Helios appears imminent in this turnaround.
Nuanxinjia Raises 300M Yuan for BCI
Nuanxinjia completed a 300 million yuan strategic financing round led by industrial investors and Junlian Capital. Existing shareholder Fengnian Capital over-subscribed, with Guangfa Xinde and Caito ng Capital following. Funds target visual brain-computer interface clinical trials and tech upgrades.
China Chipmakers Outpace US in R&D Spend
China's chipmakers spent a larger share of revenue on R&D than US peers in Q1 2026. Moore Threads allocated 50% and MetaX 45%, per exchange filings. This supports Beijing's tech self-reliance amid AI boom.
$500M Funding for Self-Learning AI Startup
Recursive Superintelligence, founded by ex-Salesforce scientist Richard Socher with DeepMind/OpenAI alumni, raised $500M at $4B valuation led by Google GV and Nvidia. Focuses on AI that autonomously handles full scientific research cycles: hypothesizing, experimenting, iterating. Aims to replace human researchers amid high AI talent costs.
Nvidia VP Visits Hande on Enterprise AI
Nvidia Global VP Hemant Dhulla and China team visited Hande's Shanghai Qingspu campus on April 29. They discussed enterprise AI trends, implementation paths with Hande Chairman Chen Diqing and AI team. Consensus reached on future China/global cooperation.
Meitu AI ARR Jumps 56% to 580M Yuan
Meitu's Q1 2026: paid subscribers hit 17.9M, up 30.2%; image/design revenue 852M yuan, +34.3%. First AI productivity ARR disclosure: 580M yuan, surging 56.2% YoY.
ByteDance Tests Paid Subs for Doubao
ByteDance is testing paid subscription models for its AI app Doubao via an App Store update. It introduces three premium plans alongside the free service. This reflects the commercialization trend for AI tools in China.