2026-07-17
A Chinese AI startup is about to hit $1bn in sales while giving its best models away for free
One of China’s leading AI startups is closing in on a milestone the rest of the industry keeps missing. Z.ai, the company behind the GLM models, is set to become the first independent Chinese AI firm with $1bn in annual sales, Bloomberg reports. The claim is a projection, not a booked result. But the trajectory behind […]<br /> This story continues at The Next Web [...]
2026-07-17
KAIST and Stanford unveil clothing that climbs onto its wearer
Getting dressed is the sort of task nobody thinks about until they can no longer manage it. For millions of older and disabled people, pulling on a sleeve is a daily negotiation with buttons, shoulders, and gravity, and it usually needs a second pair of hands. A research team from South Korea and the United […]<br /> This story continues at The Next Web [...]
2026-07-17
Eoptolink files for Hong Kong listing that could raise up to $5bn
Eoptolink Technology, a Chinese maker of the optical parts that shuttle data between AI chips, has filed for a Hong Kong listing that could raise as much as $5bn, according to Bloomberg. The paperwork arrives roughly three months after the company picked banks for a deal then pegged at about $3bn, a target that has swelled alongside the market’s […]<br /> This story continues at The [...]
2026-07-17
Netflix's 300 AI productions show how fast the technology is spreading through entertainment
Netflix now uses AI in about 300 productions, mostly in post-production. Co-CEO Ted Sarandos put specific numbers to the effort: the docuseries "The American Experiment" includes 17 minutes of AI-assisted footage, produced twice as fast at half the cost. The savings will "likely" fund more content rather than shrink the $20 billion budget.<br /> The article Netflix's [...]
