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Monthly revenue exceeds 1 billion yuan, Seedance 2.0 supports Volcano Engine MaaS’s rapid growth

Monthly revenue exceeds 1 billion yuan, Seedance 2.0 supports Volcano Engine MaaS’s rapid growth

``` On June 3rd, a key benchmark data point for the commercialization of large models surfaced. According to market sources, ByteDance's Volcano Engine raised its annual revenue target for MaaS (Model-as-a-Service) business to 15 billion RMB in April this year, and this forecast is showing a trend of dynamic

GAC's growth shifts gears, self-owned brands up 30% year-on-year in May

GAC's growth shifts gears, self-owned brands up 30% year-on-year in May

``` The differentiation in the domestic automobile market continues to intensify, and GAC Group offers an entry point to observe this trend. On the evening of June 3, GAC Group released its production and sales report for May 2026. The group achieved vehicle sales of 127,300 units for the month,

From "accounting software" to AI financial infrastructure: Ramp raises $750 million, valuation soars to $44 billion

From "accounting software" to AI financial infrastructure: Ramp raises $750 million, valuation soars to $44 billion

``` Once traditional enterprise software becomes deeply integrated with AI, its valuation logic is fundamentally rewritten. According to Bloomberg, enterprise expense management platform Ramp has completed a $750 million funding round, pushing its valuation up to $44 billion. This round was jointly led by Iconiq Capital, Singapore’s sovereign wealth fund

U.S. initial jobless claims rose to a three-month high last week, with AI-related job displacement pushing tech industry layoffs to a nearly two-year high.

U.S. initial jobless claims rose to a three-month high last week, with AI-related job displacement pushing tech industry layoffs to a nearly two-year high.

The U.S. labor market is facing dual pressures: unemployment claims have risen to a nearly three-month high, while at the same time, the wave of layoffs in the tech industry is expanding, and artificial intelligence is reshaping the employment landscape at an unprecedented speed. According to the latest data,

World Gold Council: Global gold ETFs turned to net outflows in May, with Asia and North America as the main sources of withdrawals.

World Gold Council: Global gold ETFs turned to net outflows in May, with Asia and North America as the main sources of withdrawals.

After a strong rebound in April, the global gold ETF market cooled rapidly in May. According to the latest report released by the World Gold Council on June 4th, global physical gold ETFs recorded a net outflow of $2 billion in May, marking a significant reversal in recent capital flows.

Bernstein: Storage prices will see a major surge in Q2

Bernstein: Storage prices will see a major surge in Q2

Global prices for storage chips are currently at the peak of this cycle’s upswing. According to Wind Chasing Trading Desk, Bernstein's latest monthly tracking report shows DRAM and NAND contract prices continued to rise month-on-month in May. Comprehensive indicators point to a quarter-on-quarter increase of about 60%

Don't rush to worry about unemployment—humanoid robots are still several years away from fully "taking over" jobs.

Don't rush to worry about unemployment—humanoid robots are still several years away from fully "taking over" jobs.

The commercialization of humanoid robots is accelerating, but there is still a long way to go before they truly shake up the labor market. Recently, a series of videos released by AI robot company Figure has attracted widespread attention. In the footage, its humanoid robot sorts packages continuously for nine