Krypton Evening News | Sohu: Total revenue in Q2 2026 reached 136 million US dollars, a year-on-year increase of 7%; Qwen Open Platform is launched; Goldman Sachs: Global AI investment will exceed 1 trillion US dollars this year, with the US investment approaching 600 billion US dollars
Large Companies:
Midea, Appotronics and other entities set up a venture capital partnership with a total capital contribution of 92.86 million yuan
36Kr learned from the Tianyancha App that Ningbo Meihe Nanlv Venture Capital Partnership (Limited Partnership) was established recently. Its executing partner is Midea Venture Capital Management Co., Ltd., with a total capital contribution of 92.86 million RMB. The business scope covers venture capital, and it is jointly funded by Jiangxi Nanlv Investment Group Co., Ltd., Shenzhen Appotronics Corporation Limited and other parties.
Pharmrock: Net profit increased by 37.17% year on year in the first half of the year, and it plans to distribute RMB 1 per 10 shares
36Kr learned that Pharmrock disclosed its semi-annual report. In the first half of the year, its operating revenue reached 1.059 billion yuan, a year-on-year increase of 15.19%; the net profit attributable to shareholders of the listed company was 99.4449 million yuan, up 37.17% year on year; the basic earnings per share was 0.43 yuan. The company plans to distribute a cash dividend of RMB 1 (including tax) for every 10 shares to all shareholders.
Koruis STAR Market IPO is scheduled to be reviewed at the listing hearing on August 17
36Kr learned from the disclosure on the official website of the Shanghai Stock Exchange that the SSE Listing Review Committee will hold its 47th listing review deliberation meeting of 2026 on August 17, to review the initial public offering application of Guangdong Koruis CNC Technology Co., Ltd.
Alibaba Cloud Cuts Data Center Delivery Cycle to 100 Days
36Kr learned that on August 10, based on the industry's first fully modular design architecture, Alibaba Cloud has shortened the delivery period of large-scale AIDC data centers to 100 days. For projects of the same scale, the traditional delivery cycle in China is 6 to 12 months, and 12 to 18 months in the United States. While significantly shortening the construction period, the overall construction cost of Alibaba Cloud's data centers has been reduced by more than 10%. This year, Alibaba Cloud is planning to increase the global production capacity of its modular data centers by more than twofold.
Dongpeng Beverage establishes a new company in Zhengzhou with a registered capital of 100 million yuan
36Kr learned from Tianyancha App that Zhengzhou Dongpeng Vitamin Beverage Co., Ltd. was recently established. Its legal representative is Xu Shibing, with a registered capital of RMB 100 million. Its business scope includes beverage production, food production, food sales, pre-packaged health food sales and other related businesses, and it is wholly funded by Dongpeng Beverage (Group) Co., Ltd.
SK Hynix Responds to Rumors of "Considering Selling Its Chongqing Factory": No Matters Have Been Determined Yet
On August 10, SK Hynix issued an announcement in response to the market rumor that it "is advancing the sale of its Chongqing, China factory with a scale of 4 trillion won", stating that the company is researching a variety of solutions to improve the competitiveness of its packaging business, but no specific matters have been determined as of now. SK Hynix said that if relevant matters are confirmed in the future, it will make another disclosure either on the confirmation date or within one month. Previously, according to a Bloomberg report cited by China News Finance, people familiar with the matter disclosed that South Korean SK Hynix is considering multiple disposal solutions for its factory located in Chongqing, China, including introducing investors to accelerate business growth. The source said that the potential equity sale may value the factory at about 3 billion US dollars (about 4.2 trillion won). (Jiemian)
HOOLULUU Launches the World's First Trendy Toy Speaker Blind Box, Exploring the New Product Category of "Sound Installation"
Recently, HOOLULUU has officially released its first product, the HOOLULUU MOOD "OVERDRIVE" series, and proposed the brand-new product form of "trendy toy speaker blind box". This series adopts a 6+1 blind box structure, and each product is equipped with unique color scheme, styling language, lighting effects and character settings. Going forward, HOOLULUU will continue to expand its product matrix around the "Sound Installation" concept, and make layouts for character IPs, co-branding projects, content construction and offline experiences.
Sohu: Total Q2 2026 Revenue Reaches $136 Million, Up 7% Year-on-Year
36Kr learned that on August 10, Sohu Inc. released its unaudited financial results for the second quarter ended June 30, 2026. Sohu Inc. recorded total revenue of $136 million for the second quarter, representing a 7% increase from the same period in 2025. Of the total, marketing services revenue stood at $15 million, and online game revenue hit $116 million. According to the financial report, the non-GAAP net income attributable to Sohu Inc. was $500,000, which included an income tax charge write-off of approximately $13 million. By comparison, the net loss for the same period in 2025 was $20 million.
China's large AI model call volume has led the global ranking for 15 consecutive weeks: 570% week-on-week growth, the official release of DeepSeek-V4-Flash takes the top spot
Calculated based on the latest data from OpenRouter, the total global call volume of AI large models in last week (August 3 to August 9) reached 69 trillion Tokens, with a 21.48% week-on-week growth. Among the ranked AI large models, the weekly call volume of Chinese AI large models hit 34.25 trillion Tokens, representing a 21.76% week-on-week increase; during the same period, the weekly call volume of US AI large models was 9.17 trillion Tokens, up 109.36% week on week. The weekly call volume of Chinese large models has surpassed that of the United States for 15 consecutive weeks, steadily taking the first place across the globe. Last week, the top four AI large models by global call volume were all Chinese AI models. Among them, DeepSeek-V4-Flash-0731 (the official version of DeepSeek-V4-Flash) ranks first, with a weekly call volume of 8.83 trillion Tokens and 570% week-on-week growth; Tencent Hy3 ranks second, with a weekly call volume of 8.05 trillion Tokens and 67% week-on-week growth; DeepSeek-V4-Flash-0423 (the preview version of DeepSeek-V4-Flash) ranks third, with a weekly call volume of 5.88 trillion Tokens and a 19% week-on-week decline. (National Business Daily)
Investment and Financing:
Starloop Fusion Completes A New Round of RMB 880 Million Financing
According to the announcement from Starloop Fusion, the company recently closed its new round of (Series A++) financing with a total fundraising amount of RMB 880 million. This round of financing is jointly invested by institutions including SZIDC Capital, Shenzhen Venture Capital Guarantee, ABC Capital and BOCOM Investments, while existing shareholders such as the intellectual property fund under Shanghai Science and Technology Innovation Group continue to participate in the follow-on investment. The funds raised in this round, together with the proceeds from Series A and Series A+ financing, will be jointly used for the construction of the Shanghai Jiading Experimental Base, the construction and operation of NTST (Negative Triangular Spherical Tokamak), the design and construction of CTRFR-1 (Starloop No.1), as well as the continuous engineering advancement of key technologies such as fusion reactor-grade high-temperature superconducting magnets and AI plasma control. (Yicai)
New Products:
Tongyi Qianwen Open Platform is officially launched
36Kr learned that on August 10, the Tongyi Qianwen Open Platform was launched, opening service access for three types of terminals including mobile phones, PCs and AI glasses to ecological partners and developers. According to the introduction, the first batch of accessed partners cover more than ten fields such as logistics and transportation, real estate and housing, local life, wealth management, and automobiles. Users only need to @ the relevant service in the conversation, or click the "dot corner badge" in the upper right corner of the page to enter the corresponding agent, to experience the full set of services from consultation, recommendation to order placement.
Today's Viewpoints:
Goldman Sachs: Global AI Investment Will Exceed $10 Trillion This Year, with US Investment Approaching $600 Billion
Cailianpress August 10 news, recently, Goldman Sachs analysts released a report noting that global artificial intelligence investment is expected to exceed 1 trillion US dollars by the end of 2026, of which the US artificial intelligence investment is estimated to approach 600 billion US dollars. Based on its preference estimate for artificial intelligence investment, Goldman Sachs Research projected the proportion of AI investment in US GDP by 2028. According to Goldman Sachs' calculation, the share of US AI capital expenditure in GDP will rise from 1.8% in 2026 to 2.5% in 2027, and further increase to 2.8% in 2028. Meanwhile, the proportion of global AI investment in global GDP will climb year on year from 2026 to 2028, hitting 0.9%, 1.3% and 1.4% respectively. (Cailianpress)
Other Noteworthy News:
Hyundai Motor is piloting autonomous parking robots in areas surrounding Seoul, which is scheduled to be put into operation next year
The Hyundai Motor Group announced on Monday that it will launch a robot demonstration project in an apartment complex in western Seoul to develop a smart parking management system. Supported by the government's smart city regulatory sandbox initiative, the project is jointly carried out by a consortium composed of Hyundai Motor, auto parts subsidiary Hyundai Wia and Hyundai Engineering & Construction, and the site selected for the project is the Hillstate Wave City residential complex in Siheung, a city southwest of Seoul. (Sina Finance)