#AI

Baidu has open-sourced its ERNIE 4.5 AI models, featuring multi-modal Mixture-of-Experts with enhanced orthogonality. Modong Space, China’s national computing platform, is the first to integrate these advanced models. ERNIE 4.5 optimizes training and inference for improved text generation, image comprehension, and multi-modal reasoning, catering to diverse real-world applications.

A viral video shows a car erupting in flames while refueling, possibly caused by the driver’s continuous manipulation of a beaded bracelet. The friction from the beads is theorized to have created a spark that ignited gasoline vapors. The incident highlights gas station safety, emphasizing the risk of static electricity and vapors, and advising patrons to discharge static and avoid leaning over the fuel intake.

Qifu Technology, Inc. shareholders approved a rebranding to Qfin Holdings, Inc. and restated Articles of Association. Deloitte Touche Tohmatsu was reappointed as auditor, and Mr. Xiangge Liu will continue as director. These changes reflect the Chinese AI-powered Credit-Tech platform’s commitment to strengthening governance and identity in the evolving fintech sector.

Huawei has open-sourced its Pangu 7B dense and Pangu-Pro MoE 72B large language models, along with Ascend-based inference technology. This move supports Huawei’s Ascend ecosystem strategy, aiming to accelerate AI research and application. The Pangu-Pro MoE 72B model shows strong performance, ranking highly on benchmarks for models under 100 billion parameters.

HPE and Juniper Networks have reached an agreement with the DOJ, clearing the path for HPE’s acquisition of Juniper. This deal, valued at approximately $14 billion, aims to reshape the networking landscape. Combining HPE’s strengths in areas like AI and hybrid cloud with Juniper’s networking expertise will create a modern network architecture tailored for AI workloads, fostering competition and accelerating innovation in the market. As part of the settlement, HPE will divest its global Instant On business.

OpenAI is diversifying its AI infrastructure by utilizing Google’s TPUs alongside NVIDIA GPUs, as part of its drive for computational power, including for ChatGPT. This move, motivated by cost management and infrastructure diversification, could boost the profile of Google’s TPUs as an alternative to NVIDIA’s GPUs. The partnership, however, shows competitive dynamics, with Google limiting access to its most powerful TPUs.

Nvidia’s market cap has reached $3.77 trillion, making it the world’s most valuable company. Loop Capital analyst Ananda Baruah forecasts a $6 trillion market cap, setting a $250 per share price target, driven by the “golden wave” of AI adoption. He projects $2 trillion in spending on AI by 2028, with hyperscale cloud providers shifting to non-CPU computing (50-60% by year-end) and the upcoming Blackwell chip production fueling further growth.

Nvidia briefly surpassed Microsoft as the world’s most valuable company, fueled by a surge in its stock price driven by strong AI demand and a Loop Capital price target increase. Tesla’s AI efforts, including its robotaxi project and Optimus humanoid robot, contributed to its stock gains. While promising, analysts urge caution regarding Tesla’s long-term AI ventures, particularly Optimus, due to uncertainties surrounding its production and market competition.

Unscrupulous vendors are exploiting anxiety surrounding college applications by repackaging free AI-generated reports from Quake as premium services. These vendors charge hundreds of dollars for reports that Quake offers free of charge. Quake’s AI, which provides comprehensive college application guidance, has seen over 3 million reports generated, leading to long wait times due to high demand. The report generation utilizes a large language model with search, report generation, and recommendation capabilities, simulating college counselor insights.

Rokid and Lens Technology have launched the Rokid Glasses, an AI-powered AR device, marking a shift towards commercialized AI-integrated AR. The glasses, with over 250,000 pre-orders, are the first mass-produced consumer AI+AR glasses. This partnership combines Rokid’s software and hardware expertise with Lens Technology’s manufacturing capabilities, creating a lightweight, feature-rich device. The collaboration fuels an ecosystem supporting AR applications and aims at leading the growing AR market.