Krypton Evening News | The first blue bond-linked contract-based credit derivative transaction in China lands in Shandong; by the end of 2030, the national urban domestic waste resource utilization rate will strive to reach over 76%; Singapore seeks to shorten the account opening time for the rich to one month
Elon Musk announced that Grok's V9-Medium (1.5T) foundational model has completed training, incorporating significant Cursor data and preparing for reinforcement learning. The model is expected to be released in two to three weeks. In parallel, several companies announced funding rounds: Tianji Intelligence secured 1 billion yuan for its B and B+ rounds, valuing it near 10 billion yuan; Blue Dot Touch completed a multi-hundred million yuan C++ round; and Hige Technology raised over 300 million yuan in its C round. AI
IMPACT Grok's new model release, incorporating significant data and nearing public availability, could enhance AI capabilities and competition.
