Krstar Evening News | Samsung Electronics' market value exceeds $1 trillion amid AI boom; BAAI releases the industry's first intelligent agent for multi-modal diagnosis of cardiac magnetic resonance, BAAI Cardiac Agent; The Ministry of Finance will issue 84 billion yuan of treasury bonds in Hong Kong this year.
Large Companies:
SpaceX Proposes to Invest $55 Billion to Launch Terafab Project in Texas
SpaceX, owned by Elon Musk, has proposed to invest $55 billion to start the construction of a new semiconductor manufacturing facility named Terafab in Texas. According to an announcement released on the official website of Grimes County, if the subsequent phases of the project are completed, the total investment is expected to rise to $119 billion. (Caixin)
Samsung Electronics' Market Value Exceeds $1 Trillion Amid AI Boom
Driven by the booming demand for AI - related stocks, Samsung Electronics' market value has exceeded $1 trillion, making it the second East Asian company after TSMC to join this elite club. (Sina Finance)
Food Tech Company GrubMarket Under Mike Xu Makes It onto TIME 100 Industry Leaders List
Recently, TIME magazine officially announced the list of TIME 100 Companies Industry Leaders for 2026. GrubMarket, a food tech company founded and led by Chinese - American entrepreneur Mike Xu, is the only company in the global food supply chain field to be included. It is understood that GrubMarket, founded in San Francisco, positions itself as "the operating system of the food industry". It is the largest private food company in the United States, valued at $4.5 billion, and is also a leading global food e - commerce and AI supply chain technology service provider.
Michael Huelsston, the president and CEO of Lumentum, a US optical module giant, said that Lumentum's performance in the third fiscal quarter was excellent, with revenue increasing by 90% year - on - year, reaching a record high of $808 million. Although the revenue growth has been making headlines, what is more impressive about the recent performance is the improvement in profit margins. In the third fiscal quarter, the gross profit margin increased by 540 basis points quarter - on - quarter, and the operating profit margin increased by 700 basis points quarter - on - quarter. The improvement in profit margins is due to multiple factors. As key growth drivers such as co - packaged optics and optical switches start to take effect, the profitability is expected to further strengthen. Huelsston said that the company's orders are already booked until 2028 because the demand growth rate for components required to connect GPU clusters has far exceeded the production speed of supply. (Caixin)
Anthropic Promises to Invest $200 Billion in Google Cloud Services and Chips
Google announced last month that it would provide up to 5 gigawatts of server computing power to Anthropic, but the two parties did not disclose the specific amount involved in this cooperation at that time. According to people familiar with the matter, this cooperation will officially start next year. As part of the agreement, Anthropic plans to invest approximately $200 billion in Google over the next five years. Google disclosed its cloud business contract backlog revenue to investors last week, and Anthropic alone accounts for more than 40% of it, representing the scale of long - term contract commitments from Google's locked - in cloud customers. (Sina Finance)
Meta Is Developing an AI Agent Named "Hatch" and an AI - Powered Shopping Tool for Instagram
According to people familiar with the matter, Meta Platforms is building an AI agent for ordinary consumers, competing with OpenClaw, and developing a new intelligent shopping tool. Currently, Meta CEO Mark Zuckerberg is vigorously promoting the launch of new AI products, hoping to bring real returns from the company's huge investment in artificial intelligence. (Sina Finance)
Investment and Financing:
"White Rhino" Announces Completion of Series C1 Financing
36Kr learned that on May 6, "White Rhino", an L4 - level autonomous driving company, officially announced the completion of Series C1 financing. This financing was jointly invested by strategic investor Global Logistics Industry Capital, Shenzhen Nanshan Strategic and New - Generation Investment, and old shareholder Yuanhe Houwang. The funds will be mainly used for the R & D and iteration of core technologies, the large - scale mass production of vehicle - grade products, the commercial expansion in multiple scenarios, and the global market layout.
"Dark Side of the Moon" to Complete $2 Billion in New Financing, Valuation to Exceed $20 Billion
Kimi ("Dark Side of the Moon") is about to complete a new round of $2 billion in financing, with a post - investment valuation exceeding $20 billion. This round of financing is led by Meituan Longzhu, with China Mobile, CPE (CITIC Industrial Fund) and other investors participating. Longzhu alone invested more than $200 million. In January and February this year, Kimi completed 3 rounds of financing in a row, raising $500 million, $700 million, and $700 million respectively. Including this latest financing, Kimi has raised more than $3.9 billion in less than half a year, and its latest valuation has more than quadrupled compared to about $4.3 billion in November last year. So far, Kimi's cumulative financing has exceeded 37.6 billion yuan, making it the company with the largest cumulative financing among large - model startups. (LatePost)
New Products:
36Kr learned that recently, the Beijing Academy of Artificial Intelligence (BAAI), in collaboration with Beijing Anzhen Hospital Affiliated to Capital Medical University and the First Affiliated Hospital of Henan Medical University, officially released the industry's first cardiac magnetic resonance multimodal agent BAAI Cardiac Agent. This set of agents has completed a one - stop full - process diagnosis and treatment closed - loop of "structural segmentation and analysis - functional quantitative assessment - disease diagnosis and classification - intelligent report". It is an intelligent agent system based on the Agent - Expert architecture that can dynamically coordinate multiple "expert" sub - models. It can perform end - to - end automated analysis on cardiac magnetic resonance images and automatically output standardized reports that meet clinical specifications.
Other Noteworthy News:
36Kr learned that recently, the Zhejiang Humanoid Robot Innovation Center, in collaboration with The Chinese University of Hong Kong, Zhejiang University and other institutions, jointly completed a research result on robot spatial intelligence, which was published in the international top journal "Science Robotics", proposing the RAM 3D space understanding and manipulation model. This technology solves the shortcoming of the 3D space perception of large vision - language models. By building an external 3D knowledge base through retrieval enhancement, it realizes object pose understanding and long - range task planning. Physical machine verification shows that the average success rate of language - instruction - driven operations reaches 89.17%, and the success rate of image - guided operations is 92%. RAM can be adapted to large models such as GPT and Qwen - VL and humanoid robot platforms.
Shanghai Comprehensive Pilot for International Cooperation in the National Data Field Launched
Reporters learned from the 2026 Global Digital Cooperation Exchange Conference and Global Data Week event that opened in Shanghai on May 6 that under the guidance of the National Data Administration, Shanghai, as the first batch of pilots for international cooperation in the data field, officially launched the Shanghai comprehensive pilot for international cooperation in the national data field. This pilot focuses on 6 major sectors and 17 specific tasks. Looking ahead to 2030, Shanghai is committed to building a new international data cooperation system with leading facilities, mutually recognized rules, enabling carriers, and integrated scenarios. Focusing on releasing data value, booming the digital economy, and promoting digital overseas services, it aims to create a work pattern of "a new high - standard cross - border data base, a new high - quality system of mutually recognized rules, a new high - level international cooperation carrier, and a new high - synergy overseas service ecosystem", exploring innovation for participating in global digital governance and promoting the convenient cross - border flow of data. (CCTV News)
Off - Island Duty - Free Shopping in Hainan Reached 554 Million Yuan During the "May Day" Holiday
According to statistics from Haikou Customs, during this year's "May Day" holiday (from May 1 to May 5, 2026), Haikou Customs supervised off - island duty - free shopping worth 554 million yuan, with 84,600 shopping people and 441,700 shopping items, representing year - on - year increases of 10.4%, 7.4%, and 3.8% respectively compared to the same period in 2025. The booming holiday consumption market demonstrates the strong appeal of the off - island duty - free policy. (CCTV News)
The Ministry of Finance to Issue 84 Billion Yuan of Treasury Bonds in Hong Kong This Year
36Kr learned that with the approval of the State Council, the Ministry of Finance will issue 84 billion yuan of treasury bonds in the Hong Kong Special Administrative Region in six installments in 2026. Among them, the first two installments of a total of 29.5 billion yuan of treasury bonds have been issued in February and April respectively.