
BEIJING, Aug 24 (Reuters) - Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share
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BEIJING, Aug 24 (Reuters) - Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share

Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share placement to fund rising AI spending. The new model can generate 30-second videos from documents, spreadsheets, slides and web pages, Alibaba Cloud said in a post on the WeChat platform. Alibaba said Wan3.0 had been used in short drama and film production, advertising and marketing, tourism promotion and music video creation since a public beta version was launched on August 6.

Eli Lilly and Co (NYSE:LLY) has launched its once-daily weight-management and diabetes pill Foundayo in UK pharmacies, offering patients an oral alternative to injectable GLP-1 treatments. Foundayo, also known as orforglipron, is available from Monday through private prescription after the...

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Cerebras’ new CS-4 AI accelerator could strengthen its position, but with CBRS shares remaining highly volatile, is this the right entry point?

Alibaba is seeking roughly $10 billion in a Hong Kong share sale, with proceeds earmarked for full-stack AI investment.

Atlassian (NasdaqGS: TEAM) has introduced Code Context, an AI-powered capability within the Atlassian Teamwork Graph for secure, organization-wide code discovery and understanding. The new feature is designed for large multi-repository codebases and aims to give developers and agents a unified context layer across code and related data sources. Code Context launches in open beta with support for leading version control systems and integration across the broader Atlassian ecosystem. For...

Cerebras Systems (NasdaqGS:CBRS) launches its CS-4 AI accelerator, which the company says delivers an unprecedented speed advantage over current GPU-based systems. The CS-4 targets high-performance inference workloads and aims to reset expectations for latency and throughput in AI deployments. Cerebras agrees a European partnership with Callosum to provide ultra-low-latency heterogeneous agentic inference for advanced AI applications. The Callosum collaboration expands Cerebras Systems’...

GitLab (NasdaqGS:GTLB) announced major updates to its agentic AI and enterprise security tools, including the scalable GitLab Duo Agent Platform. The release introduces Secrets Manager to centralize and protect credentials across software projects. New automated vulnerability triage solutions aim to streamline security issue prioritization for regulated and data-sensitive enterprises. GitLab is far from the only company tied to this push into AI powered software infrastructure, so it can be...
The steel maker said the investment will be used to upgrade Middleton Works’ blast furnace, advanced material-handling infrastructure, and AI-powered process-control technologies.

Mosaic launches Enzara, an enzyme-based residue solution that works at 32 degree F to speed decomposition and support plant-ready field conditions sooner.

Lucid Group (NasdaqGS:LCID) partners with Munsterhuis Autobedrijven to expand its retail presence in the Netherlands. The company introduces the high performance Lucid Gravity GT-S SUV as a new flagship in its luxury electric lineup. The Dutch partnership strengthens Lucid’s European distribution reach through an established local automotive group. The Gravity GT-S targets the premium electric SUV segment with a focus on performance and brand differentiation. For broader context on where...

AeroVironment (NasdaqGS: AVAV) has formed AV Eagle, a new joint venture in Greece with Eyeonix SA, to expand European defense manufacturing and market reach. The AV Eagle venture is intended to localize production of unmanned systems and related technologies within Europe. The move marks a new phase in AeroVironment's global expansion, with potential implications for its European positioning and supply chain resilience. Consider broadening your watchlist to other defense and dual use...

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the commercial spaceflight company has targeted conducting 30 launches of the Starship rocket per day by 2030. 10,000 Launches Annually Mach 33 co-founder Aaron Burnett on X on Thursday said that “1,000 launches/reentries is the goal,” quoting a post by President Donald Trump‘s Science and Technology Advisor Michael Kratsios, who outlined the administration’s new space launch rules targeting 1,000 launches annually by 203

SpaceX could gain from fewer Starship bottlenecks and NASA’s Moon-Mars push.
Rocket Lab launched an Earth-imaging satellite for Japan’s Institute for Q-shu Pioneers of Space from New Zealand.

The planned decade-long investment will fund a flagship Boise campus, university partnerships, and satellite labs worldwide

Costco is moving into Medicare with SCAN Group, adding healthcare to its growing business mix. So, what does the move mean for investors and COST stock?

Micron Technology said on Thursday it plans to spend $10 billion on its newly established research lab at Boise, Idaho, over the next decade to advance memory technologies, develop compute systems and support future chip manufacturing. Large memory chipmakers such as Micron, Samsung Electronics and SK Hynix have been benefiting from a surge in demand from the rapid expansion of AI infrastructure. • The latest investment builds on the more than $250 billion that Micron had separately committed to manufacturing and R&D across the United States.

Micron Technology (NASDAQ:MU) has announced the creation of Micron Research Labs, a new U. S.

On August 3, Mercury Systems, Inc. (NASDAQ:MRCY) and Palantir Technologies Inc. (NASDAQ:PLTR) announced a strategic alliance aimed at automating material planning and factory operations for U.S. military programs. Working directly alongside the U.S. Department of War, Palantir is leveraging its software suite to boost throughput and slash delivery timelines for key defense industrial suppliers. MRCY […]

United States Antimony (NYSE:UAMY) has begun commissioning its newly built Thompson Falls antimony smelter, with the aim of expanding production capacity. The company also announced a US$100 million share repurchase program, indicating management confidence in its fundamentals. Both moves may influence United States Antimony's operating profile and the value of its stock for existing and potential shareholders. These developments at United States Antimony highlight how some resource...

Base App users can now trade perps with up to 50x leverage via Hyperliquid.
Management is deploying record AI cash flow after the stock nearly halved from June's peak.
CEO Gary Evans said the board concluded that the stock was undervalued after reviewing the company’s projects across the U.S., Canada and Mexico.

Eshallgo’s California subsidiary will exclusively distribute Zhongshan Senwei printing consumables in North America, initially targeting major e-commerce channels as the company builds its overseas operations. Key Investor TakeawaysEshallgo (NASDAQ:EHGO) has secured an exclusive North American distribution partnership with Chinese printing consumables manufacturer Zhongshan Senwei.

Snowflake (NYSE:SNOW) introduced dynamic model routing in its Cortex AI Gateway, allowing enterprises to select between multiple AI models for different tasks. The feature is designed to balance task complexity, governance needs, and cost when choosing models for production AI workloads. Customers can reduce reliance on any single AI provider by routing queries across different underlying models within Snowflake's platform. The update positions Snowflake as both a data platform and an AI...

Cerebras Systems Inc. (NASDAQ:CBRS) unveiled a new AI system Tuesday that it says can generate answers up to 30 times faster than GPU-based alternatives, taking another shot at Nvidia Corp. (NASDAQ:NVDA) in the fast-growing market for AI inference. The new...
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