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Microsoft unbinds from OpenAI: shifts to non-exclusive, stops revenue sharing

Microsoft unbinds from OpenAI: shifts to non-exclusive, stops revenue sharing

``` Microsoft and OpenAI’s partnership is undergoing a major restructuring. On Monday, Microsoft and OpenAI announced revisions to their cooperation agreement. The key changes include Microsoft stopping payments of revenue sharing to OpenAI, and the licensing agreement shifting from exclusive to non-exclusive. This adjustment marks a significant overhaul in the

The joint venture leader fires at the new forces.

The joint venture leader fires at the new forces.

``` Author | Chai Xuchen Editor | Zhou Zhiyu Over the past two years, the joint venture car companies that once dominated the market with their brand, channels, and scale advantages have collectively begun learning how to sell cars anew. They have abandoned the pricing logic of the fuel era, now talking about

Optical module business doubles, Dongshan Precision's Q1 revenue up 53% year-on-year, net profit surges 143% | Earnings Report

Optical module business doubles, Dongshan Precision's Q1 revenue up 53% year-on-year, net profit surges 143% | Earnings Report

Benefiting from the wave of AI data center construction, Dongshan Precision delivered a stellar first quarter report. In the first quarter of 2026, the company achieved operating revenue of 13.138 billion yuan, a year-on-year increase of 52.72%; net profit attributable to shareholders was 1.11 billion yuan, up

Pig cycle bottoms out: Industry shifts behind Muyuan and Wens’ 2.2 billion yuan losses

Pig cycle bottoms out: Industry shifts behind Muyuan and Wens’ 2.2 billion yuan losses

``` The pig cycle has once again become a focal topic in the capital market. The two major breeding giants, Muyuan Foods and Wen's Co., both turned from profit to loss in the first quarter, with a combined loss exceeding 2.2 billion yuan. "Vegetables are more expensive

Semiconductors up 39% in a month! Goldman Sachs hedge fund head: Hasn't happened since the dot-com bubble, I won't chase this market.

Semiconductors up 39% in a month! Goldman Sachs hedge fund head: Hasn't happened since the dot-com bubble, I won't chase this market.

``` Global technology stocks have experienced a parabolic surge this month. Tony Pasquariello, head of Goldman Sachs' hedge fund business, issued a cautious warning: some markets face "blow-off top" risks, but the main trend of the bull market remains unchanged. As an important market window approaches, Pasquariello released

Ge Renyu retires upon reaching retirement age, and the compliance-born president Yuan Jun succeeds as chairman of Jiangsu Bank.

Ge Renyu retires upon reaching retirement age, and the compliance-born president Yuan Jun succeeds as chairman of Jiangsu Bank.

``` On April 27, Jiangsu Bank, the scale "leader" among city commercial banks, issued an announcement, officially declaring a change in its core leadership: Ge Renyu resigned from the positions of Chairman, Executive Director, and Chairperson of the Board's Strategy and ESG Committee due to reaching the

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Middle East war deals heavy blow to fertilizer core hub! India snaps up fertilizer at high prices, global food supply risks surge next year.
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``` Middle East war deals heavy blow to fertilizer core hub! India snaps up fertilizer at high prices, global food supply risks surge next year. ```

``` The fertilizer supply crisis triggered by the Middle East war is evolving into the most severe global threat to food production in four years. The Strait of Hormuz is paralyzed, key fertilizer products' circulation is nearly cut off, and compared to the disruptions of the Russia-Ukraine conflict in 2022,