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On the evening of June 11, XPeng Motor officially released its latest model - XPeng G7. This car is known as the world's first AI car with L3-level computing power. Its biggest highlight lies in the installation of XPeng’s self-developed Turing AI chip, which has a computational capability equivalent to three Orin-X chips, showcasing XPeng's technical advantages in the intelligent vehicle field. The XPeng G7 is equipped with a powerful 40-core processor that can run up to 30B simulation parameters and features two self-developed neural network processors.

Against the backdrop of the rapid development of the AI agent market, the Alibaba Cloud Qianlian MCP Plaza has officially launched. Meitu Imaging, Yingmi Qianshan, XiaoIce Digital Humans, and more than 40 high-quality MCP services have made their debut, providing users with capabilities to build AI agents across multiple fields such as image editing, financial analysis, digital humans, etc. With the significant enhancement of large model inference capabilities, intelligent application is experiencing explosive growth. Market research institutions such as Markets and Markets and IDC predict the smart agent market will reach hundreds of billions of US dollars.

According to the Financial Times, Oracle will spend approximately $40 billion to purchase Nvidia's latest superchips, with plans to provide computing power for OpenAI. These superchips will be deployed in the first US "StarGate" data center located in Abilene, Texas. However, there are still questions about whether this data center can provide sufficient power to meet such massive computing demands. Image source note: The image is generated by AI and provided by MidJourney. This large investment will be used to purchase

Alibaba officially released QwenLong-L1-32B today, a large language model specially designed for long context reasoning, marking a significant breakthrough in AI's ability to handle long text processing. The model outperforms o3-mini and Qwen3-235B-A22B, performing at a level comparable to Claude-3.7-Sonnet-Thinking. The biggest technical breakthrough of QwenLong-L1-32B is that it is the first in the world to be trained via reinforcement learning.

XPeng Motors announced that its self-developed Turing AI chip, designed to support Level 4 autonomous driving capabilities, is slated for mass production in 2025.

Recent reports suggest XPeng is internally developing a new technology called "Crowdsourced Mapping," aiming to enhance the accuracy of its autonomous driving system's navigation. This technology, in its preliminary research phase after several months of development, could potentially supplement XPeng's Level 3 autonomous driving solution. The core of crowdsourced mapping lies in the collaborative effort of multiple vehicles to collect road data in real-time, dynamically generating and updating maps. This approach offers the advantage of covering areas inaccessible to sensors, providing the intelligent driving system with more comprehensive data.

The United Nations Conference on Trade and Development (UNCTAD) released a striking report indicating that artificial intelligence (AI) could impact 40% of global jobs in the future. The report projects the global AI market to reach $4.8 trillion by 2033, an economy on par with Germany. However, while AI has the potential to boost productivity and drive digital transformation, its economic benefits are currently concentrated in a few regions and corporations. Image note: Image generated by AI.

A new report from the UN Conference on Trade and Development (UNCTAD) predicts the artificial intelligence market will surge to $4.8 trillion by 2033, rivaling the size of the German economy. While acknowledging AI's potential to boost productivity and drive digital transformation, the report warns that its benefits are currently concentrated in a few regions and corporations. The report expresses serious concern about job displacement caused by automation, predicting AI could impact 40% of global jobs. Furthermore, it highlights AI's inherent lack of inclusivity and the uneven distribution of its economic benefits.

In the latest development in the artificial intelligence field, OpenAI announced a remarkable $40 billion private funding round. This not only sets a new funding record but also catapults OpenAI's valuation to $300 billion, making it one of the largest private funding rounds ever. The news has garnered significant attention across the global tech industry. The funding round was led by SoftBank Group, with other investors including Microsoft, Coatue, Altimeter, and Thrive.

According to a recent Bloomberg report, OpenAI is close to finalizing a massive $40 billion funding round led by SoftBank, marking the largest funding round in the history of the AI industry. This funding is expected to significantly boost OpenAI's valuation to approximately $300 billion, nearly double its valuation in October 2023. SoftBank will be the lead investor, initially committing $7.5 billion, with several other investment firms participating, including Magnetar Capital.