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Baidu Q2 2026 revenue: 31.3B yuan; core revenue 25.2B yuan, AI accounted for 50% for two straight quarters. CEO says Baidu is accelerating AI-first transformation. AI cloud revenue 7.3B yuan (+50% YoY); GPU cloud +283% YoY, triple-digit growth for 4 quarters. IDC: Baidu AI Cloud leads in finance/gaming.....

On August 17, the first smart agent business ecosystem conference in China was held in Hangzhou. Alipay revealed that the super service smart agent "Abao" has completed more than 10,000 services with AI, supporting five mobile phone brands and 16 car manufacturers; it also launched a full-stack smart agent business infrastructure and the AHA protocol, collaborating with more than 20 companies such as Qwen, Huawei, OPPO, BYD, and Geely to build an interconnected ecosystem.

Jia Yuelin announced that Faraday Future's robotics business has entered a phase of rapid revenue growth and is exploring independent financing and listing to rid itself of car debts and historical burdens. The second half of the year will focus on the "Four-Core Full Intelligence" campaign in Q3, aiming to ramp up EAI product sales and expand markets in California, Texas, and other regions.

OpenAI disbanded its preparedness team late last month, FT reported Aug 17. The team assessed frontier model risks such as bio/chemical and cyberattacks and devised mitigations; duties were split by risk area into business teams. This follows disbanding of AGI readiness and superalignment teams, showing a shift from safety-oriented public-interest governance.....

Microsoft is merging consumer and commercial Copilot and retiring underperforming AI features, reflecting blurred personal and professional boundaries and simplifying its product lineup to compete with ChatGPT, Claude, and Gemini. Several consumer features will be discontinued on August 18.....

Moonshot AI, a Chinese LLM company, completed a business registration change, raising registered capital from RMB 1.5236M to RMB 2.2385M, attracting attention. Founded in 2023, it has grown rapidly, covering AI foundational software and application development.....

Xihu Robotics, the first technology transfer project in the field of artificial intelligence and robotics at West Lake University, has completed four rounds of financing in half a year, accumulating approximately 500 million yuan. The latest A round was led by Haiyuan Capital with nearly 100 million yuan, and the funds will be used for the development of a unified large model for humanoid robots and the construction of a talent cultivation base. The founders include West Lake University's tenure professors such as Wang Donglin.

In an internal SpaceX speech, Musk highlighted Starship, Starlink, and AI as three key directions, with AI as the absolute core. He stressed that SpaceX must achieve breakthroughs in both AI hardware and software, asserting that "the future essentially belongs to AI and robots, and the scale of digital intelligence will far surpass biological intelligence." He also proposed quantitative goals for AI business.....

Virgin Atlantic has fully integrated ChatGPT Work, helping teams accelerate market research, product planning, and decision-making. It consolidates scattered data generated throughout the customer journey, including browsing, booking, check-in, in-flight experience, and feedback, breaking down information silos and connecting data signals to help teams clarify resource allocation priorities and build a comprehensive view of the end-to-end customer journey.

Baidu integrated internal office AI agents by merging dodo and its team into Baidu Dazi, unifying inner and outer products. dodo assisted with meeting notes and document processing. The move pools resources to speed up AI office agent deployment.....

New embodied reasoning model Gemini Robotics ER2 released, designed for hardware, significantly enhancing physical environment understanding and multi-step task planning, and first solving multi-robot collaboration challenges, accelerating humanoid robot deployment.....

On July 30, ByteDance restructured its AI division: splitting the Feishu team, integrating the product team with Doubao under Zhao Qi, and merging the rest into Volcano Engine. The move aims to break down silos and strengthen synergy between large models and cloud services in enterprise productivity.....

Alphabet's capital expenditure in the second quarter surged 100% year-over-year to $44.92 billion, with an annualized figure approaching $18 billion; revenue increased by 24% to $119.8 billion, exceeding expectations. Google Cloud revenue jumped 82% to $24.8 billion, and operating profit margin nearly doubled, as significant computing power investments are turning into a strong profit driver.

Zhiyuan Robot, valued at ~$20B, is advancing its IPO with CITIC Securities as sponsor; projected 2026 revenue: RMB 4B. At WAIC 2026, it unveiled five new robots—Yuanzheng A3Ultra, Jingling G2Max, Lingxi X2EDU, Linjiedian dexterous hand, and Kutuo riding robot—embodying the "Three Intelligences in One" framework.....

On July 21, Samsung Electronics established the RX Robotics Division, which reports directly to the CEO and is incorporated into the company's future growth strategy. The division is responsible for the long-term planning of robotics, promoting the research and development of core technologies, product implementation, strengthening domestic and overseas R&D systems, and enhancing commercialization capabilities, demonstrating Samsung's strategic focus on the robotics business.

JD.com launched the Jingmai AI Business Center, an AI-driven platform integrating AI tools, expert services, and intelligent management to upgrade merchants' operations. It opens 22 core AI tools, leveraging multi-agent collaboration, A2A smart interaction, and natural language processing to empower all-link e-commerce intelligence.....

On July 16, Xiaomi launched Xiaomi-Robotics-1, an embodied foundation model for real-world mobile manipulation. Pretrained on 100,000 hours of real-world data with cross-embodiment post-training, it breaks hardware dependency and data scale bottlenecks. Introducing UMI in pretraining marks its systematic push of Scaling Law in embodied AI.....

Alipay AI-upgrades its "Tap" feature, turning millions of merchant devices into "Tap Device Agents". It launches the "Tap Everything Agent" platform for SMBs and an AI developer base. Covering 400M+ users, 2,300+ service providers, and 30M+ offline AI touchpoints, it forms the world's first large-scale offline AI network.....

Musk's xAI rebrands to SpaceXAI, with new brand and social accounts launched, integrating into SpaceX. SpaceX had acquired xAI and Grok in February, merging assets and signaling Musk's deep integration of AI into space business.....

Chinese scientists unveiled the first stratigraphic AI model and intelligent global stratigraphic correlation system at the 5th International Congress on Stratigraphy. It aims to integrate global geological data, replace tedious manual correlation with AI, efficiently interpret Earth's 4.6-billion-year evolutionary history, and serve as an 'intelligent steward' of the Earth.....