Krypton Evening News | Baidu's OCR model Unlimited OCR tops four rankings on HuggingFace and GitHub; The State Council has issued the "15th Five-Year Plan" for Education Development; US pension funds are about to make passive position adjustments, with $30 billion in sell orders "already on the way"
Large Companies:
36Kr learned that recently, three Mixue Bingcheng stores started business in Bishkek, the capital of Kyrgyzstan, officially entering the Kyrgyzstan market. Kyrgyzstan is Mixue Bingcheng's second stop in Central Asia. In April 2025, Mixue Bingcheng's first store in Kazakhstan opened in Almaty. After that, it successively entered new markets such as the United States, Brazil, and Mexico, continuously promoting its global layout. As of now, Mixue Bingcheng has entered 16 overseas countries.
China Mobile Confirms the Establishment of a Token Office
On the evening of June 28, there were reports that after establishing the Digital Intelligence Division and the Computing Power Office, China Mobile has now set up a Token Office. The aim is to streamline the entire process of "creating tokens, delivering tokens, and applying tokens" and break the situation where multiple secondary departments operate independently. On the afternoon of June 29, it was learned from China Mobile that the company has indeed established a Token Office, but other rumored content, such as "the Token Office has a higher level and is directly led by core group leaders," has not been confirmed. (Daily Economic News)
Firmus, Supported by NVIDIA, and DayOne to Build an AI Data Center Park in Indonesia
Firmus, a data center operator supported by NVIDIA, will build an AI data center park in Indonesia. The company said that the project will bring agreements worth up to $30 billion in the first six years. Australian firm Firmus announced in a statement that it has reached an eight - year cooperation agreement with NVIDIA to build an exclusive NVIDIA DSX AI factory park with a capacity of 360 megawatts on Batam Island in Indonesia; the island is across the sea from Singapore. Firmus said that this large - scale data center project will be jointly developed with DayOne, which is headquartered in Singapore. (Sina Finance)
Baidu's OCR Model Unlimited OCR Tops Four Lists on HuggingFace and GitHub
36Kr learned that recently, Baidu officially released and open - sourced the end - to - end OCR model Unlimited OCR. The day after the model's release, it topped the GitHub Daily Trending list and the Python list, and also ranked first on the global model general trend list and the multimodal model trend list on HuggingFace. Unlimited OCR is designed for long - document parsing scenarios, with a total parameter scale of 3B and only about 570M activated parameters during inference. Public evaluation results show that Unlimited OCR achieved a comprehensive score of 93.92% in the OmniDocBench v1.6 benchmark test, setting a new record for end - to - end OCR.
Elon Musk: SpaceX Plans to Release a Brand - New AI Model Every Month This Year
On Sunday (the 28th) local time, Elon Musk posted on his social media platform X that the latest generation of his large - language model, Grok 4.5, has officially started beta testing within SpaceX and Tesla, and will be more widely promoted later. Musk also said that SpaceX plans to release a "completely newly - trained" brand - new AI model every month for the rest of this year. This statement implies that future versions may not be simple improvements to the existing system, but rather new foundation models built through brand - new training. (Caixin)
Investment and Financing:
"URTOPIA" Completes Series B Financing with a Total Amount Exceeding 200 Million Yuan
36Kr learned that the global intelligent electric - assisted bicycle brand "URTOPIA" has recently completed Series B financing, with a total amount exceeding 200 million yuan. This round of financing was led by Brizan Ventures and the industrial fund of Tongxiang Municipal Government, and institutions such as Gao Bingqiang, Kungho Fund, and Guangyuan Hesheng continued to increase their investment. After the completion of this round of financing, URTOPIA will continue to increase its investment in core technology R & D, global market expansion, supply chain construction, and organizational capacity upgrading, and promote the company's development from an intelligent electric - assisted bicycle brand to a company centered on outdoor embodied intelligence and human - machine coupling intelligent sports technology.
Today's Views:
"Since the beginning of this year, all model manufacturers have raised prices. The core reason is that the computing power cost has increased globally. Whether it's overseas or domestic chips, they can't keep up with the growth of token demand," Huang Zhenxin, the head of the B - side of Kimi from the Dark Side of the Moon, admitted at a recent media communication meeting. The demand for AI applications from downstream enterprises has increased explosively, while the supply of upstream computing power has been continuously tight due to chip production capacity limitations. He believes that under the double squeeze of supply and demand, it is inevitable that the API price will rise. He also responded to the outside world's concerns about the industry bubble. "There is definitely a bubble now," he admitted, but then added, "Anthropic has achieved quarterly profitability, and the revenue is real." Although there is a bubble, the fundamentals are not empty. When there is a real qualitative change in productivity, companies that can make a profit will continue to invest, which is a sign of the industry's health. (21st Century Business Herald)
Other Noteworthy News:
The State Council Issues the "15th Five - Year Plan" for Education Development
The State Council recently issued the "15th Five - Year Plan" for Education Development, clarifying the goals, tasks, policy measures, and major projects for accelerating the construction of an education - powerful country during the "15th Five - Year Plan" period. The plan systematically deploys the improvement of the forward - looking layout of educational resources, the strengthening of the regional layout of education, and the optimization of the talent cultivation layout in order to adapt to the changes in the school - age population, support major national strategies, and serve the construction of a modern industrial system. The plan proposes that by 2030, significant achievements will be made in the construction of an education - powerful country, and a high - quality education system will be basically established. The institutional system and working mechanism for the Party's overall leadership over education will be further improved, the all - around cultivation system of morality, intelligence, physical fitness, aesthetics, and labor will be more complete, the effectiveness of moral education will be more prominent, the people's sense of gain in education will be significantly enhanced, the support of education for science and technology and talent will be stronger, a learning - oriented society will be basically formed, and the international influence, competitiveness, and discourse power of China's education will be significantly improved. (Xinhua News Agency)
The 2026 Shenzhen Food Expo, Fishery Expo, and Tea Expo are Set to Open on the Same Day
The 2026 Shenzhen Food Expo, Shenzhen Fishery Expo, and Shenzhen Spring Tea Expo will jointly debut at the Shenzhen Convention and Exhibition Center (Futian) on July 2. It is understood that the three exhibitions are hosted by Huajuchen. Based on the advantages of the world - class consumer market and industrial hub in the Guangdong - Hong Kong - Macao Greater Bay Area, they will bring together high - quality food ingredients from around the world, cutting - edge technology enterprises, and local characteristic industrial clusters to build an integrated business platform for the food, fishery, and tea industries. The three exhibitions will gather more than 1,500 exhibitors from over 30 countries and regions, and will be accompanied by more than 20 industry - specific forums to fully promote the efficient implementation of industrial resources.
In June, Europe, which had just endured the heatwave in May, once again faced sweltering weather, and many places experienced record - breaking high temperatures. This is not an isolated weather event. Climate change is making extreme weather more common and longer - lasting. From United Nations officials to climate scientists, warnings have been issued that the world must accelerate the process of addressing climate challenges. A latest study released by the World Weather Attribution on the 26th shows that due to climate change, the probability of high - temperature weather in Europe is now 200 times that of 20 years ago. (Xinhua News Agency)
South Korean President Lee Jae - myung said that the competition in the chip and artificial intelligence fields is very fierce, and South Korea needs to speed up the construction of chip production bases to meet demand; it will expand the chip supply capacity by investing in the southwestern region, and the southwestern region will invest 5 to 20 trillion won in new projects. Gwangju and Jeolla may invest 520 trillion won in the projects. (Caixin)
As the first half of 2026 nears its end, large U.S. pension plans are about to start their semi - annual asset rebalancing operations. Market calculations predict that a total of $30 billion in U.S. stock assets will be forcibly sold on Monday and Tuesday this week. U.S. public pensions, corporate defined - benefit pension plans, and target - date funds generally follow a rigid allocation framework of 60% stocks + 40% fixed - income assets, and this ratio is written into the institutional investment policy documents. The stock positions of large U.S. pensions are significantly over - allocated, while the bond positions are obviously insufficient. Therefore, in the last two days of the semi - annual settlement window, Wall Street analysts expect that a large - scale sell - off worth $30 billion will be inevitable. (Sina Finance)