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iFlytek's upgraded Spark X1 model enhances translation, reasoning, and text generation, achieving top-tier global performance with 20% better translation quality. It scores over 80 in EN-CN conference translation, reduces AI hallucinations, and boosts efficiency for 100+ firms by 50%. Available via web, app, and API.....

iFlytek announced the official launch of the upgraded version of its deep reasoning large model, iFlytek Spark X1, which is trained using fully domestically developed computing power. This upgrade represents a comprehensive advancement, maintaining an edge over the latest versions of top domestic and international large models such as OpenAI's o3 in overall performance. It has also made significant progress in areas such as hallucination management, multilingual capabilities, and voice simultaneous translation, providing users with a smarter, more reliable, and more efficient AI assistant. The upgraded version of iFlytek Spark X1 has significantly improved capabilities in translation, reasoning, text generation, and mathematics.

Kuaishou opensources the KAT-V1 autonomous thinking large model, which includes two versions: 40B and 200B. The 40B version performance is close to DeepSeek-R1, and the 200B version outperforms several flagship models. The model innovatively adopts a mixed training paradigm of short and long-term thinking and the Step-SRPO reinforcement learning algorithm, which can automatically adjust the thinking mode based on the complexity of the question, solving the problem of overthinking. Based on Qwen2.5-32B, it achieves excellent performance in fields such as science and code through an heterogeneous distillation framework and pre-training with 10 million examples.

Ant Group launches 'Treasure Box' AI platform for service industry digitalization, offering 70+ plugins and rapid deployment.....

iFlytek launches Spark X1 upgrade on July 25, a Chinese AI model excelling in math, translation, and logic with fewer parameters but comparable to OpenAI/DeepSeek. Features improved accuracy, multilingual support (130+ languages), and precise responses via 'slow thinking' mode, marking a breakthrough in domestic AI tech.....

On July 23, Kunlun Group introduced two innovative AI models to global users - the Mureka V7 Music Model and the Mureka TTS V1 Audio Model. The launch of these two models marks an important step forward in the field of AI music generation. Since its release, the Mureka V7 Music Model has attracted widespread attention, gaining extensive praise for its efficient music creation capabilities and outstanding music quality. Users simply need to input lyrics, select a style or theme, and click generate to obtain a complete and pleasant song in a short period of time.

Design software company Figma has launched its IPO roadshow, planning to issue 36 million shares of Class A stock at a price of $25 to $28 per share, with an estimated fundraising of $1 billion. If priced at the midpoint, the company's valuation would reach $15.9 billion, which is lower than Adobe's previous $20 billion acquisition offer but higher than the $12.5 billion private valuation. Figma was founded by Field and Wallace in 2012 and has raised $740 million in funding. After submitting its listing application in April, it has officially entered the final stage of its IPO process.

OpenAI announced that it will deploy over 1 million GPUs by 2025, launching a hundredfold expansion plan. At the same time, it disclosed the Stargate project, which has a budget of 50 billion USD, and will build the world's largest AI training cluster in Texas. The project is chaired by Masayoshi Son, CEO of SoftBank, with OpenAI responsible for operations. It has received support from technology giants such as Microsoft and NVIDIA, aiming to strengthen AI infrastructure layout and enhance technological competitiveness.

TSMC's market cap surpasses $1T, driven by AI chip demand. 2023 revenue forecast raised to 30%, shares up 50% from April lows. Strong AI orders and advanced tech boost outlook.....

Meta forms 'Super AI Lab' with 44 top talents (50% Chinese, 40% ex-OpenAI), shifting focus from metaverse to AI. Offering huge incentives like $200M signing bonus. Team: 75% PhDs, 70% researchers.....

OpenAI announced a 100x expansion plan, aiming to deploy over 1 million GPUs by 2025. The core elements include: 1) The Stargate project, which involves an investment of $50 billion to build the world's largest AI training cluster in Texas; 2) Restructuring the chip supply chain; 3) Addressing energy challenges. The project is chaired by SoftBank CEO Masayoshi Son and involves collaborations with industry giants such as Oracle, Arm, and Microsoft. This strategic move will reshape the AI infrastructure landscape and drive the industry into a new phase of rapid development, expected to have a significant impact on the market.

French AI startup Mistral is negotiating $1B funding, with valuation soaring to €5.8B within a year. Founded by ex-Meta/DeepMind staff, its open-source Mistral7B outperforms Llama2. Rapid funding (€500M in 2023) fuels global AI expansion.....

Cursor's regional restrictions drive developers to adopt Chinese AI Kimi K2, hitting 10B daily tokens. Its API is 5-25x cheaper than Claude, gaining global traction in coding and content creation.....

Meta accelerates AI infrastructure, targeting a 1GW 'Prometheus' supercomputer with 1.3M NVIDIA H100 GPUs (2 exaflops) by 2026, plus 5GW 'Hyperion' cluster. Plans $60-65B investment by 2025 for AI/data centers, competing with OpenAI/xAI. Commits to open-source and privacy despite environmental concerns.....

Microsoft open-sources the Phi-4-mini-flash-reasoning model, specifically designed for edge devices, with inference efficiency improved by 10 times. It uses an innovative SambaY architecture to achieve efficient memory sharing, showing outstanding performance in long text generation and mathematical reasoning. Benchmark tests show its excellent long context understanding ability, with a Phonebook task accuracy rate of 78.13%. This model is suitable for educational and research fields and can run on a single GPU.

Kunlun releases Skywork-R1V3.0, an open-source multimodal model achieving expert-level reasoning. It excels in physics (52.8), logic (59.7), and math (77.1), outperforming Claude-3.7-Sonnet and GPT-4.5 with only 25K training samples.....

French AI company Mistral is seeking $1 billion in equity financing, with a valuation of $6.51 billion. The company is known for its open-source large language model and chatbot Le Chat, and has raised a total of $1.19 billion in funding so far. This round of financing will be used for research and development and market expansion. Additionally, it will collaborate with MGX Fund and NVIDIA to build the largest AI data center park in Europe, supporting France's AI sovereignty initiative. Mistral's development will enhance Europe's position in the global AI competition.