Krypton Evening News | Nestle is considering selling its underperforming vitamin brand; Tesla plans to start building its third energy storage Gigafactory in the United States in 2026.

Large Companies:

Baidu Launches a New Round of Cadre Rotation: Former Head of the Intelligent Agent Business Rotated to Lead the Map Division

Baidu announced the launch of a new round of cadre rotation: Xie Tian, the former general manager of the industry search and intelligent agent business, has been rotated from the Mobile Ecosystem Business Group to the Intelligent Driving Business Group to take charge of the Map Division. It is understood that Xie Tian was previously responsible for Baidu's search ecosystem, industry search, and intelligent agent businesses, mainly promoting the application and implementation of AI in vertical fields. (Sina Technology)

Lovart Launches Globally, Unveiling New Feature "ChatCanvas"

36Kr learned that the AI design agent Lovart was officially launched globally on July 23 (Pacific Time), ending its months - long Beta test and simultaneously opening up a full - feature experience. Currently, the platform has completely removed the invitation code restriction, and all users can directly register and use it without applying and waiting. It is understood that it has launched the "ChatCanvas" feature. Users can leave a message in any area of any finished product on the canvas, and it can understand which area the user is referring to and what the intention is, and then automatically complete the modification by clicking "run all".

Baidu Smart Cloud: Spatial Intelligence to Cover Core Industry Scenarios Such as Gaming, E - commerce, and AI Technology

36Kr learned that the "Applications Are Here" 2025 Spatial Intelligence Application Conference, hosted by Baidu Smart Cloud and supported by NVIDIA, was held in Shenzhen. At the conference, Zhang Wei, the vice - president of Baidu Smart Cloud and the general manager of Baidu Smart Cloud's Pan - Technology Business Department, said that in Baidu Smart Cloud's business ecosystem, spatial intelligence will cover core industry scenarios such as gaming, e - commerce, sports, smart devices, embodied intelligence, education, AI technology, and film and animation, potentially unlocking market increments in the tens of billions or even trillions of dollars. With the rapid evolution of technologies such as multi - modal large models, 3DGC, and spatial computing, spatial intelligence is accelerating from technology exploration to large - scale industrial implementation.

The Enterprise Version of Ant's Treasure Chest Intelligent Agent Platform Launches, Aiming to Cover Over 1,000 Customers This Year

36Kr learned that Ant Group's intelligent agent development platform, "Treasure Chest", has officially launched its enterprise version. This new version is targeted at service industry scenarios such as cultural tourism, transportation, exhibitions, universities, retail, and catering, providing one - stop access to mainstream large models such as Ant Bailing, Tongyi Qianwen, and DeepSeek, along with Alipay's unique capabilities such as payment MCP and marketing MCP. It is understood that the enterprise version of the Treasure Chest plans to cover over 1,000 industry customers in 2025.

Nestle Considers Selling Underperforming Vitamin Brands

Nestle said on Thursday that it might sell brands such as Nature’s Bounty and others in its vitamin business, as part of CEO Laurent Freixe's efforts to boost sales growth. The Swiss consumer goods giant said it would evaluate underperforming brands in its vitamins, minerals, and supplements division, which could lead to the sale of some brands as Nestle seeks to shift the business towards high - end products. (Sina Finance)

Tesla Plans to Start Building Its Third Energy Storage Gigafactory in the US in 2026

Tesla revealed during its Q2 earnings conference call that its first lithium iron phosphate battery factory in the US is expected to go online by the end of the year. Additionally, Tesla plans to start building its third energy storage gigafactory near Houston, the US, in 2026. (Cailian Press)

AMD CEO: The cost price of chips from TSMC's US factory is a bit high

According to a report on the website of Singapore's Lianhe Zaobao on July 24, Lisa Su, the CEO of Advanced Micro Devices (AMD), said that the cost price of chips produced at TSMC's factory in Arizona, the United States, is higher than that of those produced in Taiwan. Su said at an AI - related event in Washington on the 23rd that compared with chips produced in Taiwan, the cost price of chips produced at TSMC's Arizona factory is 5% to 20% higher. The company expects to receive the first batch of chips from TSMC's Arizona factory before the end of this year. (Reference News)

Investment and Financing:

"Bailv Wuyou" Completes Angel - Round Financing

36Kr learned that recently, the artificial - intelligence legal technology enterprise "Bailv Wuyou" announced the completion of an angel - round financing. The investor is Visionary (Hainan) Investment Holding Co., Ltd. This round of financing will be used to accelerate the R & D and iteration of AI legal service products, market expansion, and team building, further promoting the implementation of inclusive legal services.

New Products:

Wink under Meitu Launches the "All - Around Restoration" Function

36Kr learned that recently, Wink, a product under Meitu that focuses on image quality restoration, launched the "All - Around Restoration" function. This function centers around "high - definition and textured images" and enhances the original texture of videos through AI intelligent detection technology. The person in charge of the Wink product said that this function can accurately identify the semantic content of the picture and existing image - quality problems, and comprehensively call on algorithms fine - tuned for different scenarios and different image - quality problems using the idea of the MoE Mixture of Experts model.

Today's Views:

Elon Musk Says Robotaxi Service May Cover Half of the US Population by the End of This Year

Tesla CEO Elon Musk shared some ambitious goals of the electric - vehicle giant with investors during the second - quarter earnings conference call on Wednesday. Musk said, "By the end of this year, we may offer the autonomous ride - hailing service to half of the US population." He added that any such plan would depend on regulatory approval. "We are very cautious. We don't want to take risks," Musk said. (Sina Finance)

Other News Worth Paying Attention To:

The US Prepares to Use Criminal Means to Crack Down on Enterprises and Individuals Evading Trump's Tariffs

US President Donald Trump is about to launch a new round of tariffs next week. Meanwhile, federal prosecutors are preparing to file criminal charges against enterprises and individuals attempting to evade relevant measures. The US Customs has long been trying to prevent relatively common tax - evasion methods, such as falsifying the country of origin of imported goods or making incorrect classifications on declarations. However, such issues have always been dealt with through fines or civil settlements, and the parties involved are rarely criminally prosecuted. (Sina Finance)