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Alibaba Group officially released its annual report for FY2025, comprehensively showcasing the achievements and development trends across various business areas over the past year. In terms of financial performance, Alibaba Group's revenue in FY2025 reached 996.347 billion yuan, with a 77% year-over-year increase in net profit to 125.976 billion yuan, demonstrating strong profitability.

On June 26th, during the Tianjin Summer Davos Forum today, Wang Xingxing, CEO of Unitree Robotics, shared the company's impressive growth journey with attendees. According to AIbase, Wang revealed that Unitree Robotics, which started as a one-person company since its establishment in 2016, has now grown into an industry giant with nearly a thousand employees and annual revenue exceeding 1 billion yuan. Wang's speech highlighted the remarkable progress made by Unitree Robotics in just nine years, showcasing its strong capabilities and market influence in the robotics field.

In a recent funding round, Abridge, an artificial intelligence startup dedicated to automating medical records, successfully raised $300 million in Series E financing, increasing its valuation to $5.3 billion. The round was led by the renowned investment firm Andreessen Horowitz, with Khosla Ventures also participating. Notably, this funding followed the company's $250 million funding round in February, when its valuation was $2.75 billion. Abridge has been in operation for seven years.

Recently, a sensational controversy has erupted in the field of artificial intelligence. The startup IYO, which was spun off from Google X Lab, has accused OpenAI and its CEO Sam Altman of plagiarizing its smart earpiece technology, and claims that OpenAI attempted to cover up this act by acquiring Jony Ive's company IO for $6.5 billion. IYO's allegations: OpenAI is suspected of stealing smart earpiece technology. IYO is a startup that has been focusing on developing AI-powered smart earpieces since 2018, with its products designed to control voice through

At the recently concluded Cannes Lions International Festival of Creativity, YouTube CEO Neal Mohan announced that YouTube will introduce its latest Veo3AI video generation model to YouTube Shorts later this summer. Dubbed "a rogue's dream", its release will bring new creative possibilities for short video creators. Currently, short video creators are already able to use the Veo2 model to generate background videos and standalone clips. Although Neil

Media reports claimed that Elon Musk's artificial intelligence startup, xAI, is burning through up to $1 billion per month. This report has garnered significant attention. The message suggests that xAI's costs in building advanced AI models far exceed its revenue growth, and the company's funding needs are becoming increasingly urgent. However, Musk strongly refuted these claims, calling them 'nonsense.' Photo source note: The image was generated by AI, with photo licensing services provided by Midjourney. Since its founding in 2023, xAI has been...

Since 2021, OpenAI employees and former employees have cumulatively cashed out nearly $3 billion through equity sales. This number is remarkable, especially in the tech industry where frequent stock sales are not common. SoftBank became the largest buyer in this transaction, purchasing almost half of the shares, further solidifying its position in the field of artificial intelligence. OpenAI holds two equity sales per year, with a significantly higher frequency than many tech companies. The original intention of this practice was to provide employees with the opportunity for financial freedom, thereby retention.

Tech media The Information reported that since 2021, employees and former employees of the artificial intelligence giant OpenAI have collectively cashed out nearly $3 billion through multiple stock sales. For a company only six years old, such a large-scale employee wealth realization is rare, even approaching the level of employees at Elon Musk's SpaceX. The report revealed that Japan's investment giant SoftBank has become the largest buyer of OpenAI employee shares. This spring, SoftBank purchased shares from a small group of current and former employees.