AI News

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13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Former Alibaba AI core figure Lin Junyang founds new lab, seeks $2 billion valuation

Lin Junyang, the former head of Tongyi Qwen research, has established a new lab aiming to raise hundreds of millions of dollars. Both HongShan Capital and Gaorong Capital are in discussions to invest in this venture. The lab targets a valuation of $2 billion, reflecting strong confidence in Lin Junyang's capabilities and expertise in artificial intelligence. This ambitious valuation comes amid intense market competition.

Agents

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Nokia adds Agentic AI capabilities to its product line

Nokia has announced the integration of artificial intelligence capabilities into its fixed product lines to enhance productivity and operational intelligence. The company will incorporate AI agents across its platforms such as Altiplano and Corteca, leveraging data from over 600 million broadband lines. This initiative aims to assist telecommunications service providers in addressing challenges related to fiber optics and Wi-Fi, thereby supporting network design and planning.

Business

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Celonis launches the context model and acquires Ikigai Labs

Celonis has launched the Context Model (CCM) and signed an agreement to acquire Ikigai Labs, a company specializing in artificial intelligence. The Context Model aims to address challenges organizations face in understanding business operations, thereby enhancing returns on AI investments. It provides vital operational clarity that enables AI to make reliable and effective decisions. Celonis integrates operational data and business knowledge from all systems and applications, allowing AI to function reliably.

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Alibaba Health Unveils Medical AI "Hydrogen Ion" and Forges Exclusive Partnership with UK's BMJ Group

What impact will Alibaba's partnership with BMJ have on Chinese doctors?

Infrastructure

Shanghai AI Lab Achieves Breakthrough in Chip Photoresist Resin Using AI-Driven R&D Platform

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Infrastructure

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Shanghai AI Lab Achieves Breakthrough in Chip Photoresist Resin Using AI-Driven R&D Platform

Researchers from Shanghai AI Lab, in collaboration with Xiamen University and Suzhou Laboratory, have developed a high-purity photoresist resin using an AI-driven scientific discovery platform. This breakthrough aims to reduce China's reliance on foreign suppliers for critical chip manufacturing materials. The development of photoresist resins traditionally relies on lengthy trial-and-error processes, but the AI platform significantly shortens these cycles by identifying high-potential synthesis regions. This innovation allows for more efficient experimentation and better outcomes.

Models

MiniCPM-V 4.6: Tsinghua Spinoff Open-Sources a 1.3B Multimodal Model That Runs on a Single RTX 4090

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Models

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

MiniCPM-V 4.6: Tsinghua Spinoff Open-Sources a 1.3B Multimodal Model That Runs on a Single RTX 4090

OpenBMB, in collaboration with Tsinghua University, has launched MiniCPM-V 4.6, a multimodal AI model with 1.3 billion parameters. This new model outperforms larger models such as Alibaba's Qwen3.5-0.8B and Google's Gemma4-E2B-it in vision and language tasks, offering significantly faster inference speeds. MiniCPM-V 4.6 features key architectural innovations, including an early-exit strategy in image processing that reduces subsequent computations while maintaining image representation quality.

Business

The Little-Known Chinese Company Powering NVIDIA's Most Advanced AI Servers

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Business

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

The Little-Known Chinese Company Powering NVIDIA's Most Advanced AI Servers

Hongdu Electronics, based in Kunshan, holds a 25.3% share of the global high-layer PCB market, producing a unique 78-layer backplane for NVIDIA's advanced servers. In Q1 2026, the company reported a 62.9% year-on-year net profit increase, driven by AI server orders. This backplane acts as the skeleton of the server, connecting all chips and components, showcasing Hongdu's over three decades of expertise in communication equipment manufacturing.

Business

SEEKOO Raises Tens of Millions, Launches Multi-Agent Video Platform Anijam.ai

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Business

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

SEEKOO Raises Tens of Millions, Launches Multi-Agent Video Platform Anijam.ai

Former executives from ByteDance and Tencent have launched SEEKOO, an AI startup focused on video technology, which recently announced a funding round of tens of millions of dollars. The round was led by Vision+ Capital, Miracle Plus (the Chinese arm of Y Combinator), and Atypical Ventures. In February 2023, SEEKOO secured initial funding from Miracle Plus. SEEKOO's flagship product, Anijam.ai, is a multi-agent video creation platform launched in mid-April. Within just two weeks, the platform attracted over 1,000 paid users globally, with more than half of the content created directly from mobile devices.

Agents

PL-Universe Robotics Unveils Industrial Embodied Intelligence Product Matrix 2.0

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Agents

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

PL-Universe Robotics Unveils Industrial Embodied Intelligence Product Matrix 2.0

PL-Universe Robotics has launched its AcCI high-precision data acquisition solution and the Dabai robot loading/unloading module. This initiative aims to resolve data bottlenecks in the large-scale deployment of physical AI. The AcCI solution boasts sub-millimeter precision and integrates VR, master-slave control, and joystick technologies, facilitating the collection of force, torque, pose, tactile, and visual data. Founded 16 months ago, the company targets the trillion-yuan industrial embodied intelligence market.

Models

[AINews] The End of Finetuning

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

Models

13 May 202626 Dhuʻl-Qiʻdah 1447 AH

[AINews] The End of Finetuning

OpenAI has announced the discontinuation of its specialized training APIs, marking a significant shift in its strategy. While OpenAI has been a leader in supporting specialized training, current trends suggest that competitors like Anthropic may surpass it in valuations. This change is part of a broader transformation in the AI industry, driven by pressures from a shortage of graphics processing units. Experts noted that many engineers in the field were already moving in this direction prior to the announcement.