Krypton Evening News | Millions of Tokens only cost a few dollars, and computing power prices are still falling; OpenAI is considering significantly reducing product prices; Starting today, child passengers can purchase railway travel multi-ride tickets, with fares set at 50% of adult passengers' fares
Large Companies:
Christian Stein Appointed CEO of Renault Group in Spain
Starting from July 1st, Christian Stein will replace Josep María Recasens as the new CEO of Renault Group in Spain. Josep María Recasens will leave Renault Group to pursue new career development. While taking on this new role, Christian Stein will continue to serve as the Chief Communications Officer of Renault Group and report to François Provost, the CEO of Renault Group.
General Motors May Stop Using Lithium Iron Phosphate Batteries in Electric Vehicles
The head of General Motors' battery technology said that the company may abandon the use of low - cost iron - based battery technology, which many automakers are using to reduce the cost of electric vehicles. The Detroit - based automaker previously said that it planned to develop lithium iron phosphate (LFP) batteries for future electric vehicle models and planned to start producing such batteries at a joint - venture factory in Tennessee by the end of 2027.
Data shows that the transaction volume of event contracts related to the champion of this World Cup on two global prediction market platforms (Polymarket and Kalshi) has exceeded $2 billion. This makes the event likely to break the transaction record of single - item prediction market contracts.
Millions of Tokens Cost Only a Few Dollars, and the Computing Power Price Keeps Falling
It is learned from a computing power supermarket that they currently offer two types of products. One is for computing power, and the other is for large - model tokens. The two products use different billing models. The person in charge introduced: "For the computing power rental product, one card per hour is one billing method. The second is the annual or monthly package, which is billed by tokens. According to different models, it is generally in units of millions of tokens, and millions of tokens cost about a few dollars. Judging from the current trend, the price is still falling." It is reported that the computing power of this computing power supermarket comes from multiple channels. After users select a product, the supermarket is responsible for matching, scheduling, and delivery. In addition, the person in charge of this computing power supermarket said that currently 80% of their service users are small and medium - sized enterprises, covering multiple traditional and emerging industries such as education, culture, science, e - commerce, artificial intelligence, robotics, and embodied intelligence.
To compete for customers from its competitor Anthropic, OpenAI is considering significantly reducing its user - facing charging standards. According to informed sources, the company plans to significantly lower the unit price of token billing - tokens are the measurement units for artificial intelligence companies to calculate product costs. This move is intended to respond to the expected price - cut measures that Anthropic will also introduce. Currently, corporate executives have begun to resist the high cost of using AI. Sam Altman, the CEO of OpenAI, admitted in a recent event that the cost issue has become a major problem.
Regarding the National Post Bureau's legal investigation of J&T Express Co., Ltd., J&T Express responded: J&T Express in China attaches high importance to this, sincerely accepts it, firmly obeys, and fully cooperates with all the investigation work carried out by the competent authorities in accordance with laws and regulations. J&T Express emphasized that safety production is an insurmountable red line for the enterprise. J&T Express in China deeply reflected on the important instructions regarding safety production and deeply felt that as the brand headquarters, there were gaps and deficiencies in fulfilling the unified management responsibility for safety assurance of some enterprises operating with the "J&T Express" trademark, brand name, and express waybills. The lessons are profound. In this regard, J&T Express in China sincerely accepts supervision.
36Kr learned that AliExpress, the cross - border e - commerce platform under Alibaba, recently launched an official local delivery service in five countries: the United States, Poland, France, Spain, and Mexico, covering three major economic circles in Europe, North America, and Latin America. It is understood that after merchants join, they can rely on overseas warehouses to achieve more stable and lower - cost "local shipping and local delivery".
New Products:
Insta360 Releases the World's First 8K Leica Dual - Camera Gimbal Camera Luna Ultra
On June 10th, Insta360, an intelligent imaging brand, officially launched Luna Ultra, the industry's first flagship dual - camera gimbal camera, with a starting price of 3,999 yuan. It is reported that Luna Ultra is an 8K flagship imaging gimbal camera jointly developed by Insta360 and Leica. It integrates two Leica Summicron optical lenses, 8K Dolby Vision, and professional - grade 10bit I - Log for the first time, achieving a 1 - 12x golden 5 - focal - length coverage, covering various scenarios such as travel, daily Vlogs, and professional image recording. Data from multiple e - commerce platforms show that the product was sold out within a few minutes of being put on the shelves.
Investment and Financing:
On June 10th, German robotics company Neura Robotics announced the completion of a record - breaking Series C financing. The total scale of this round can reach up to $1.4 billion, aiming to accelerate the construction of a globally leading physical artificial intelligence platform. This round of financing was supported by multiple parties such as Amazon, Nvidia, and the European Investment Bank.
Today's Views:
On the afternoon of June 11th, the 2025 annual shareholders' meeting of Kweichow Moutai was held at the Moutai Conference Center. More than a thousand Moutai shareholders, institutional investors, and analysts from across the country gathered in Moutai Town. Regarding the price issue of Moutai liquor, Chen Hua, the chairman of Moutai Group, said that the price will be adjusted according to market conditions and remain relatively stable. The price should not fluctuate drastically, and supply and demand should be matched, and quantity and price should be balanced. Currently, the price adjustment of Moutai liquor has attracted high social attention, and the company keeps this highly confidential. There are various rumors on the Internet. Everyone should not spread or believe them.
US President Trump said again on Wednesday that he hopes that top artificial intelligence companies will agree to give back to the public, hinting that the US government may hold shares in these companies. Trump said that he will soon meet with 12 or 15 top executives in the industry to discuss how to give back to the public, and the public will become very rich as a result. He believes that industry executives will agree to this, and this approach will be very popular. Last Friday, Trump publicly stated for the first time that he hopes to meet with artificial intelligence companies to discuss the possibility of the US government holding shares in their companies, and the proceeds from these shares can be distributed to the US public in the future.
Other Noteworthy News:
Starting today, child passengers can buy railway tourist multi - ride tickets and enjoy the child discount ticket policy, making parent - child and family travel more convenient and affordable. The child tourist multi - ride ticket launched this time is a service product optimized and upgraded on the basis of the existing adult tourist multi - ride ticket. The railway tourist multi - ride ticket product implemented in June 2023 was mainly sold to adult passengers and operated in the mode of "buy once, take multiple segments, valid for 15 days". The ticket purchaser can independently choose 2 to 10 segments of the journey between designated stations. Each segment of the journey is single - trip, one - way, and with a designated seat type, and the ticket price enjoys different degrees of discount, with the lowest being 85% of the average executed fare of each train on the same route and seat type.