International Tech News:

1. Meta Platforms has invested $14.3 billion in the startup Scale AI.

2. A new generation of traction inverters equipped with advanced chips has been successfully applied in next-generation smart electric vehicles, significantly enhancing vehicle performance and energy efficiency.

3. xAI, the artificial intelligence company founded by Elon Musk, has officially released its new large language model Grok 4, along with a multi-agent collaboration version called Grok 4 Heavy.

4. Large language model company MiniMax is close to completing a new funding round of nearly $300 million, bringing its post-money valuation to over $4 billion (about RMB 30 billion).

5. The “9th Electronics Industry Supply Chain Resource Matching Conference,” organized by Dajiayuan Purchasing Network, will be held on July 26 at Shenzhen Baolifang. Mr. Song Shiqiang, General Manager of Kinghelm (www.kinghelm.net) and Slkor, will attend and deliver a keynote speech titled “How to Keep Growing During Economic Transition?”

6. The international electric vehicle news website ArenaEV reported: “Xiaomi YU7 has ignited market enthusiasm for electric vehicles with record-breaking orders.”

Domestic Tech News:

1. On July 17, the event “Low-altitude Economy Boom: Huaqiangbei Supply Chain Breakthrough” was held at the Huaqiangbei Street Cultural Center. Over 100 representatives from industry chain enterprises, associations, and technology experts participated, injecting new momentum into Huaqiangbei’s industrial upgrade.

2. The MPCVD diamond material and high-end wafer production base project for fourth-generation semiconductors, jointly invested by Shanghai Zhuoyuan Fonde Semiconductor Co., Ltd. and others, has officially started construction.

3. Synopsys’ $35 billion acquisition of Ansys has received conditional approval from Chinese regulators.

4. XINLIAN Integrated plans to acquire a 72.33% stake in XINLIAN Yuezhou for RMB 5.897 billion, further strengthening its silicon carbide and high-voltage analog IC layout.

5. Zhaochi Integrated plans to launch 50G DFB and 100G VCSEL chips in 2026.

6. Cambricon plans to raise up to RMB 3.985 billion through a share offering, mainly to fund its chip platform projects targeting large models.

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