OpenAI
OpenAI is an AI company best known as the developer of GPT and ChatGPT. It was founded in 2015 by Sam Altman, Greg Brockman, Ilya Sutskever and others as a nonprofit research lab, with early backing from Altman and Elon Musk . The company later restructured into a capped-profit entity in 2019 to accommodate the capital demands of training large models .
Microsoft became its largest external investor and cloud partner, beginning with a $1 billion investment in 2019 that included deep Azure integration and exclusive commercialization rights, followed by a $10 billion follow-on in early 2023 . Other notable backers include Sequoia Capital, which invested at a $15 billion valuation in 2021 .
OpenAI's trajectory has been marked by a deliberate shift from research lab to product company. As Altman described it, OpenAI is "the only example I know" that started as a research lab and "clumsily" added a company later, building products out of necessity given scaling laws and capital requirements . This product-driven approach—launching GPT-3 API, ChatGPT, and a plugin ecosystem—created a flywheel of user data and commercial traction that distinguished it from academic or big-tech lab counterparts .
Recent strategic moves include designing its own inference chip, Jalapeño, with Broadcom in just nine months ; acquiring Windsurf and Jony Ive's AI hardware company to push toward serving 1 billion users ; and expanding into advertising within ChatGPT . It has also invested heavily in robotics, backing Figure AI, 1X Technologies, and Physical Intelligence .
The company faces persistent commercial pressure—its $200/month ChatGPT Pro tier was described by Altman as still losing money "badly" as of early 2025 —and operates amid intensifying competition with Anthropic and Google .
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Coverage
12 Key Moments Reconstructing How 1,200 AI Agents Went from Mass Cheating to Attacking Hugging Face
This may be one of the most alarming security incidents of the Agent era to date.
22-Year-Old Embodied AI CEO, 5 Funding Rounds, Over $100 Million: "Don't Know How High the Sky Is," "Ate Ten Years of Bitterness in One Year" | Interview with RoboParty's Huang Yi
Cursor Did Nothing Wrong
Double proof.
Smart Companies Are 'Dumbing Down' Their AI
The frontier models are already shockingly smart, but a lot of enterprise work isn't actually that hard. The real measure of AI progress in business should come down to one thing: getting the same things done with less and less intelligence.
Open-source models are the united front
War of Attrition
After DeepSeek Harness, Revisiting the People Who First Defined Open Source
Innovation comes from shared will and collective effort.
Silicon Valley Legend Bill Gurley on the AI Frenzy and Listening to Your Inner Voice
Money is chasing founders — and that's the most dangerous signal of all.
Shokz's First AI Earbuds: Is the New OpenFit 2 AI Worth Buying?
The potential of "open-ear headphones + AI."
Agent Memory Reaches a Crossroads: Technical Approaches, Evaluation Methods, and AML's First Rankings
What happened in the Memory space this year?
Data Collection Underworld: Subcontracting, "Bang Laotai," and Cross-Border Arbitrage
Rural Aunties Turned Into Cheap "Data Fodder"
Qwen 3.8 Upgrades to Pure "Digital Laborer" Model
Don't be Wang Feng next time.
"What Makes You Love an Industry for 15 Years?" | A Conversation with Wang Tianfan: I Want to Invest in True Joy, the Purest Vision, and the Brilliance of Human Nature [Highway Podcast]
7 Judgments to Rethink AI Infrastructure
Cheaper and Cheaper Tokens, More and More Expensive Races
Why Are Half of Today's Large Model Builders Studying Physics?
From Hopfield and Hinton's Nobel Prize to Anthropic's CEO, xAI's pre-training lead, and He Kaiming's latest physical world model: the through-line of physics has persisted for four decades. This is no coincidence — it's a particular "taste" that happened to collide with the right era.
After the Fields Medal, Terence Tao on Mathematics in the Age of AI
Understand its complexity, confront its paradox.
Inside the World of AI API Relay Services
The least transparent infrastructure of the AI era.
Hidream.ai Raised 2.1 Billion RMB in Three Months to Push AI From "Generating Content" to "Generating Worlds"
More Than 20 Institutions Scrambling to "Get on Board"?
The $50 Trillion Table: The Scramble for AI's Gateway to the Physical World | Linear Voice
The physical world doesn't accept "roughly right."
Mammoths won't survive to see the next era. What is Kingsoft betting on in the age of AI?
Let AI grow Office.
72 Hours After Launch, Moonshot AI K3 Posts Its First Results
Open-Source Players in the First Tier
Four Days at ICML Seoul: Models Are Eating Everything Faster Than Anyone Can Find Their Footing | Xing Meng, 5Y Capital
In July 2026, Xing Meng, partner at 5Y Capital, traveled to Seoul for ICML, where he engaged in deep conversations with researchers and founders on the front lines of the global AI industry. This article presents a selection of his firsthand observations after returning to China.
Nile Founder Dai Haozhuang Helps Brands Open Stores in the Agent World
Who will dethrone Amazon?
After Raising 2.98 Billion, PixVerse Is Betting on a Bigger Story
In the past, video was an endpoint; in the future, it will be an entry point.
LibTV has also released its own video agent — we tested it out immediately.
AI video is entering the Agent era. A good shot is only the starting point.
OpenAI Designed a Chip in Just 9 Months — The AI Chip Game Enters Its Second Half | 5Y Research
Once inference workloads account for more than half of AI computing demand, NVIDIA will no longer be the only game in town for AI chips.
I'm here to apologize to MiniMax.
Fat Cat, please let me go 😭
Palantir CEO Slams OpenAI and Anthropic
Five Key Observations from Mid-Year.
Loop Engineering: The Overrated Cycle, The Underrated Topology
The engineer's position has shifted up another level: from commanding AI, to designing the loops that command AI.
5Y News | Using AI to Disrupt Chip Design, Novasilicon Secures Tens of Millions of RMB in Exclusive Funding from 5Y Capital
AI is pushing chip design capabilities toward platformization.
The Hottest Job in Silicon Valley Is Now in China: Grueling, Painful, and Always Putting Out Fires
Where there are people, there is a world of its own — and AI doesn't understand that.
Inside Anthropic: Building the Most Dangerous Technology, and Trying to Be Good
"I'm afraid of this technology being in the hands of the company, and I'm afraid of it being in the hands of the government."
The Young Man Who Went to Baidu to Build Models
"Go where the change is greater."
Who's Buying Ads Inside ChatGPT? | A Conversation with Nexad COO Harry Zhou
2026 MaHui | Source Code Capital's Zhang Xun: Growth Beyond Exponential — A Game With Fewer and Fewer Winners
The AI era has given us the longest slope and the wettest snow. Only one question remains — do we have the patience to keep rolling the snowball all the way down?
Shentao Qin: Building a New Organ for Humanity | The North Face Project
The Interaction Infrastructure Reshaping the Physical World
What truly matters are the assets built on top of the models.
Microsoft CEO Satya Nadella said: "Don't let a handful of models eat everyone."
A Conversation with HiDream.ai's Tao Mei: Big Tech Is a Machine Gun, Startups Only Have One Magazine
Bullets are scarce — every shot has to count.
A Conversation with PixVerse Co-founder Xie Xuzhang: When Video Foundation Models Enter the Final Stretch
The Era of Everyone-as-Director Is Almost Here
The Fable 5 Ban: The Script Anthropic Wrote Came Back to Act Against Itself
The most powerful AI model in the United States went offline on Friday. Has the era of universal, undifferentiated access to intelligence ended with Opus 4.8? What impact will this have on future social structures?
A Turing Award winner is betting $1 billion on AI's next decade (Part 1)
He laid out the full logic clearly for the first time.
OpenAI and Anthropic Both Back FDE: A New Role Emerges in the AI Era, Old Divisions Loosen | A Rolling AI Conversation
FDE: AI Is Labor, Not Software
Moonshot AI watches the sky and begs for food
The Chosen One of the Patch *(gaming slang: a character, build, or strategy that is disproportionately powerful in a particular game update/version, often used metaphorically to describe someone or something that is perfectly positioned to succeed under current conditions)*
How Do Pros Use AI? How Do Regular People Learn AI? How Do Investors Bet on AI? | A Conversation with Ke Dai Biao Li Zheng
The Voice AI space is heating up, and a startup called Hojo has emerged.
Voice AI is another storyline entirely, separate from general-purpose large language models.
MaHui 2026 | Source Code Capital's Han Guang: Standing at 1769 of the Intelligence Revolution
The question isn't "Will AI arrive?" — it's already here. As an entrepreneur, the choice is whether to stand on the shore watching the ship depart, or jump aboard.
The Best Way for Humans and AI Agents to Work Together Hasn't Been Invented Yet | A Conversation with Paperboy
One look, and the Agent gets it.
OpenAI and Anthropic Both Bet on FDE: A New Role Emerges in the AI Era, Old Divisions Loosen | A Conversation with Rolling AI
Anthropic Co-founder: Liberal Arts Majors Can Enter AI's Inner Sanctum Too
Generalists are an underrated advantage
In the AI PC Era, True "Token Freedom" Is on the Edge: Edge Computing Engine Company AgiBot Secures Tens of Millions of RMB in Funding
Let users move from "renting intelligence" to "owning intelligence."
Huazhe Xu: Embodiment Just Starting Its Race, People Who Won't Wait for IPO | North Slope Project
"This guy's restless heart has been buzzing from start to finish."
FDE: Is the Call for Career Transformation in the AI Era Already Sounding?
From Super-Individual to Super-Role.
To The Crazy Ones
The super-individual is a fundamental personality structure.
A 20-Minute Talk by a NVIDIA Scientist: The Endgame for Robots, a 2040 Prophecy
From VLA to WAM, NVIDIA Is Rewriting Embodied Artificial Intelligence Using the LLM Playbook
Behind Cerebras' Billion-Dollar IPO: An Inflection Point for AI Compute Power
A Bet on the Future of AI Compute
Behind the Developer Enthusiasm for the Lark CLI, We See These Key Points
"The ancient" CLI has become an anchor point in the AI era.
Hands-On Review: MiniMax Just Dropped Mavis. What Is It?
Assemble Agents from monolithic individuals into collaborative Agent Teams.
Bridge Speaks for the First Time: AI Is Killing Software, and We Want to Be the Gateway to the Agent Era
We want to make software that eliminates software.
The Ultimate Moat in AI Isn't the Model
Build company as product.
Beyond Language: What If Agents Had Five Senses | Vital Young
May 14 — come to the fair.
HappyHorse 1.0, your happy little pony is now online
Happy Pony, on Qwen.
TRAE SOLO actually partnered with Insta360? And they even released a Voice Working hardware product?
"Speaking" is finally being taken seriously in AI tools.
Everyone's Token-Maxxing: An Arms Race Nobody Dares to Stop | 5Y Capital's Xing Meng on AI
We spent some time in Silicon Valley and found that even the people making the waves are getting overwhelmed by them.
"Why I've Started to Oppose Vibe Coding"
They bloomed into a beautiful 💩 flower of complexity.
MiniMax's Next Play: Model × Harness
Is MiniMax Building Its Own Model + Harness Ecosystem?
Code Moment | Sand.ai Closes New ~$50 Million Funding Round, Doubling Down on Product + Model Dual-Track Strategy
Audio-driven video, dual-engine monetization reaching eight-figure ARR.
The "Whole-Team Lobsterization" Playbook at an AI Startup: 30 People × 70x Efficiency Leverage | Gaorong Future
"Tokens as Combat Power"
Gaoyang: A Thinking Reed, A Machine That Acts | Beipo Initiative
Physical Intelligence: Building a General-Purpose Embodied Foundation Model | Vital Views
Lowering the barrier to entry so more people can try their hand at it will unleash more creativity.
Three Months of Pitfalls: Our Agent Harness Practice and Reflections
Harness should be driven by business needs.
I discovered a new business loop in OpenClaw.
The real winners are the ones who can keep "breathing."
2026: A Letter to AI Founders — on Generosity, Cruelty, and Fog
Is AI entrepreneurship entering its "worst" era?
Another New Player Enters the AI Browser Race: Tabbit Joins the Fray
Is Tabbit AI Browser Actually Good? How Do You Use It?
Moonshot AI's Revenue in 20 Days Surpasses All of Last Year! How to Price AI Products for Global Paying Users | Ronghui
Pricing model-driven growth.
When MiniMax Meets OpenClaw: "1, 2, 3, Link Up!"
When we connected OpenClaw to the MiniMax expert agent.
Vibe Coding, Act Two: The Big Four, and Those Who Want to Win | A Conversation with Guangxiang Zhu, Baidu Miaoda Product GM
He built a wheel — and ran it over the 20-year-old version of himself.
What Future Does He See That We Don't? | A Conversation with 18-Year-Old Tu Jinhao: Former DeepSeek Intern, Alibaba Math Competition AI Track Champion
The 18-Year-Old Boy Who Lives in AI
Why Did Yahui Zhou Spend His Time "Writing Songs"? | Hands-on with Mureka V8
How is Mureka V8 to use?
DeepMind & Anthropic: When AGI Arrives | Vital Views
"What will become of the human condition?"
From Pi0.5 to LingBot-VLA: A Path to Embodied Intelligence Is Taking Shape
A VLA foundation model trained on 20,000 hours of real robot data, covering nine dual-arm configurations.
StepFun Closes New 5 Billion Yuan Funding Round: Racing for Endpoints, Crunching Numbers, and the Ultra-Marathon Ahead
StepFun has raised 5 billion yuan in fresh funding, setting a new single-round record for the sector over the past 12 months, as the battle for end-user devices heats up.
Obsession, Ambition, and a Pair of AI Glasses: The Raw Fuel of Elite Product Managers | A Conversation with Li Auto SVP Fan Haoyu
Not content to let the world stay as it is.
Whose Golden Age Is the AI Era? | Chatting with Zhang Zala: Liberal Arts Majors, Taking Action, the Patterns of Viral Hits, and How Ordinary People Can Win
It was yours, it was mine, it was everyone's golden age.
In the first week of the new year, AgiBot's latest release revealed serious ambition.
The real world isn't a demo. How should humanoid robots enter it?
What AI Actually Looked Like in 2025
22 real moments documenting how AI is used, loved, questioned, misunderstood, and depended upon in reality.
On the last day of 2025, MiniMax began its IPO roadshow.
Gunning for the title of "first AI large-model IPO."
The First Manus Cup Singapore Concept Essay Competition
Why are the lizard people so evil 😭
More and More People Are Starting to "Think Like Developers" | Baidu Miaoda Hands-On Review
In the *2026 AI Kickoff Conversation: The Year of R | A Conversation with Yusen Dai of ZhenFund*
Investing in 50 AI Companies a Year; What Was I Thinking When None of Us Knew the Answers? | A Conversation with Jie Yang: Founding Partner of Jinqiu Fund
The moment the wind picked up.
NuMiao's Li Nan: The World Is Getting More Real, Everyone Wants to See the Real Thing | BuMing Brain Trust
What makes a product stand out?
Ant Group's Jigang and FengRui's Li Feng: How Can AI Hardware Startups Survive the "Data Desert"?
Past data has powered large language models; future AI development cannot happen without new data.
MaHui | Source Code Rhythm's Yungang Huang: Where Are the Next ByteDance and Unitree in the AI and Robotics Era?
Looking Ahead to 2026: What Innovation Opportunities Await the AI Industry? | Frees Report
From Large Models to World Models: Where Will AI Head in 2026?
Why Does Your AI Feel Soulless? The World's Top Tech Companies Are All Doing One Thing: Injecting Taste into AI | AI Practitioners
Taste is how your team keeps editing the workflow.
suho x Gaoyang: Embodied Intelligence Is the Only Answer for AI Entering the Physical World | Agentic Era
When Intelligence Enters the Physical World
null: AI Is the Oxygen of the New World
Adviser on Vitality / Counselor for Life Force (Note: This appears to be a title or role name without surrounding context. The translation depends on usage — "参赞" can mean "adviser/counselor" in diplomatic or traditional contexts, while "生命力" means "vitality/life force." If this refers to a specific product, brand, or position at a company, additional context would help refine the translation.)
So, 24 hours after the "7 x 24" launch, is anyone still talking about Fei-Fei Li?
Fei-Fei Li's World Labs may have been misunderstood.
Kun Jing, Genspark: Dancing with Microsoft Agent 365, Making AI Agents Everyone's Work Partner
Stop talking, start doing.
Peter Thiel is China's delusional dream chaser.
Now is the best time for US tech giants to wave the white flag to China 🏳️
Just now, Wenxin 5.0 was released, and we had it watch an episode of *Infernal Affairs*.
"Native Full Modality": Is It Legit?
MaHui Entrepreneur | Sand.ai's Yue Cao: A Decade from Researcher to Entrepreneur Traces the Evolution of Large Models
"After starting my own business, suddenly everything just clicked."
"AI Infra Is Destiny" | A Conversation with Yanpeng Wang: From the Big Data Era to 30,000-GPU Clusters — A Firsthand Account of China's Compute Evolution
2025 AI Scene: What We Witnessed and Imagined This Year
There is no turning back — the only way forward is through.
60 Days After Alibaba Enters the Global AI Coding Battlefield | A Conversation with Shutong: Founder of Qoder
"Exactly right. Couldn't be more right."
"That's Quite the Claim!" — Flowith Built an Operating System | Hands-On First Look at FlowithOS
Just as Windows or macOS provides the runtime environment for software, Flowith OS provides the environment for AI agents to think and act.
Looking Back at China's "AI Four Dragons": How Did the Hype Collapse?
All glory that cannot form a closed loop is fleeting.
When Alibaba Enters the Global AI Coding Arena: 60 Days on the Battlefield | A Conversation with Shutong, Founder of Qoder
Jensen Huang: AI Will Become a Multimodal, Multi-Embodied General-Purpose System | Vital Views
Counselor Vitality
When Two "World Number Ones" Appear at the Same Time — Written After Hunyuan and Keling AI Both Claimed the Global Top Spot
What a time to be chasing each other!
Heart Capital: After Generating 500 Videos with Sora, Here's What We See | Voice VOICE
AI video generation has reached a new technological inflection point.
Rebuilding on the Ruins of "Double Reduction": A Conversation with Serial Entrepreneur Liu Ye — From Zuoyebang to Talkit
Keep swimming until the sea turns blue.
Is Moonshot AI's "OK" Actually OK? | Moonshot AI's Agent "OK Computer" Launches Today
"OK Computer," powered on!
Behind the $5 Billion: A New Round of Reshuffling in AI Infrastructure | Vital Views
Counselor Vitality
Facing AI, I'm Clearly Not a Technological Progressivist: A Conversation with Tech History Writer Xiaoyu Zhang
In the long run, AI has a deeply inequality-exacerbating technical character — one that leaves most people feeling meaningless and stripped of dignity in its presence.
Sam Altman: AI Will Become Infrastructure, Driving Societal Reconstruction | Vital Views
Counselor on Vitality
A 5,000-Word Postmortem: How an $1.1 Billion Acquisition Reveals OpenAI's Second Act
OpenAI's Three Turning Points
Is AI Healthcare Having Its DeepSeek Moment? | Frees VC Research
AI healthcare is becoming an open secret.
Better Than YC! How AI Grant Uncovered Unicorns Like Perplexity, Pika, and Cursor | Full Portfolio List Inside
AI Grant is Silicon Valley's "trust passport."
Code View | AI Observations from Silicon Valley: Have Foundation Models Been Killed by a General-Purpose Formula?
We're now halfway through 2025 — so what exactly has changed in the global AI landscape, and what trends and developments deserve particular attention?
8 million people have already started living with Samantha from *Her*.
Let AI keep us company during those moments when we're all alone.
Unitree, DJI, Fourier, Xiaomi… We Rounded Up 15 New AI Hardware Products for 2025
"The year of AI hardware" has come and gone, and the market remains the one and only ruthless arbiter.
MiniMax Launches Global Challenge! First Tradable Agent Remix Marketplace Goes Live | Oasis Capital Vitality
Counselor on Vitality
MaHui Entrepreneur | Xingxing Wang: The Biggest Barrier to Mass Humanoid Robot Deployment Is Embodied Artificial Intelligence
MaHui portfolio company Unitree founder and CEO Xingxing Wang shared his latest observations and insights on the global robotics industry at World Robot Conference 2025.
Spirit AI's Yang Gao: Scientists Aren't the Most "Reliable" Entrepreneurs, But Building a Startup Is Like Playing a Game | Oasis Vitality
Counselor on Vitality
2025 Silicon Valley AI Mid-Year Review: Serial Acquisitions, Big Tech Talent Wars, and Who Will Break Out | A Conversation with Fusion Fund Founding Partner Lu Zhang
Money is cheap; time is what actually matters.
AI Agents with Three Frontier Researchers: Rules, Environments, and Real Questions Beneath the Hype | 5Y Capital's Tavern Vol. 31
Can Agents Ask Real Questions Now?
Mid-Year Review: 2025 Silicon Valley Tech Megatrends | A Conversation with Fusion Fund's Lu Zhang: Community-Driven Innovation, Talent Wars, VC Transformation, and the IPO Landscape
Kun Jing's Genspark Column Updated Again: Multi-Model and Multi-Agent Are the Future
"The Idea of a Single Super Agent That Does Everything Just Sounds Good"
How Gensmo, Which Raised $60 Million in Its Seed Round, Uses AI to Make "Discovering Beauty and Creating Beauty" Simple
Let me enjoy the process of discovering beauty and creating it.
How Good Is Metaso's Deep Research? | After In-Depth Testing, We Found 2 Standout Features
The competition is heating up — and that's a great thing!
Moonshot AI's Kimi K2 Released and Open-Sourced, Perplexity CEO: "Stunning! Post-Training About to Begin" | BlueRun Ventures Family Headlines
We hope to further accelerate the overall progress of AGI research and real-world application.
What's Changed and Where Are the Opportunities in AI Agents in the First Half of 2025? | FreeS Research
Model Wars, App Boom, Commercialization
"How Hard Is It to Build an 'Artificial Sun'? Demystifying the Core Technology and Startup Opportunities in Controlled Nuclear Fusion | FreeS Fund Report"
A Primer on Controlled Nuclear Fusion: Origins and Future
Kimi Researcher Team on Itself: Agents Aren't Frankenstein's Monsters, They're the Model Itself | BlueRun Ventures Family Headlines
When Agents Become Everyday Foundation Models
Starting from Five Investments in Manus's Red Xiao: A Conversation with ZhenFund Partner Yuan Liu on How His Read of People Has Evolved
I think the market is at its best right now.
Moonshot AI Has No Dreams
Marching toward the endless, unknown frontier of ice cream 🍦
5Y Capital's Kai Liu: The Hype Is Just Surface Noise — AI Entrepreneurship Is Only Just Beginning | 5Y View
The real paradigm shift and structural opportunities are only just beginning to emerge.
A Conversation with Vincent, Founder of Bonjour: Challenging the Hundred-Billion-Dollar Agent Economy, the Third Adventure of the "Post-00s Steve Jobs"
The pirate spirit is a vibe — if you're not from this generation, you just won't get it.
5Y View | Bill Gurley: How the AI Wave Is Reshaping the Structure of Primary Markets
The AI wave interrupted a market correction that should have happened, and China's cutthroat competitive environment will actually forge stronger companies.
They Haven't Even Graduated, and They're Already Building Worlds with AI | 5Y Capital's The Pub Vol. 30 x AI Native Creators
What Is the AI Native Generation Building?
Deep Dive: Why the Next Stop for General-Purpose Agents Is the Agentic Browser?
The Next Stop on the Road to General Agents
We built a pop-up space in Shanghai. Come daydream with AI.
At the crossing of technology and the humanities, let's turn dreams into reality.
A Conversation with FateTell Founder Levy: AI Can Read Destiny, but Life Can't Be Fully Calculated | 100 AI Creators
"Standing in childhood and looking ahead, the future is uncertain; standing in old age and looking back, you can only discover a single path of fate."
5Y View｜How to Build AI Products That Are Actually Useful? How Generative AI Is Rewriting the Rules of Startup Building
Building AI products demands an entirely new playbook.
The Ambitions, Dilemmas, and Endgame of AI Coding | FreeS Research Institute
After OpenAI and Apple Bet on AI Coding, Do Startups Still Have a Shot?
A Conversation with YouMind Founder Yu Bo: The Man Taking on Douyin | 100 AI Creators
He believes future content platforms will shift from Douyin addiction to universal creation.
First Look: Lovart, the World's First Design Agent, Is Here!
We are witnessing history.
Thanks, OpenAI. Thanks, o3. A New "Wrapper" Startup Opportunity Is Here | Plus 12 Promising Directions
Hope this gives you some food for thought.
Just now, OpenAI officially released o3 and o4-mini, defining a new paradigm for future reasoning, while the o1 series has been consigned to the dustbin of history.
o3 and o4-mini have redefined the future paradigm of reasoning.
GPT-4.1 Debuts Late at Night | On the Eve of the Closed-Source Fortress Crumbling? GPT-4o Finally Gets Its Successor
GPT-4.5 will be obsolete in three months.
Behind Manus's Viral Moment: 20 Questions to Understand AI Agent
Here's everything you want to know about Manus & AI Agent.
GPT-4o Image Generation Tested: Very Strong (With 20+ Scenario Examples & Flaw Roundup)
ChatGPT dropped something new overnight: using the 4o model to create reliable images — lighting, text, details, all rendered lifelike. And you can refine it further through conversation.
What did DeepSeek release late last night? We've summarized its 5 core advantages and 7 real-world use cases.
DeepSeek is still DeepSeek.
Google's Back! Gemini 2.0 Image Editing Tested: Can Plain English Take Down Meitu?
When the foundation model gets updated, do you feel anxious? Or excited — as an entrepreneur?
What's Behind the Manus Hype: How Can Agentic AI Products Build Lasting Competitive Advantages?
🚥 Koji Editor's Note: Next week, Crossing's podcast will feature the third installment of our "20 Questions" column.
A Conversation with Haivivi's Li Yong: How to Build a Jellycat with AI and Hit Ten Million RMB in Monthly Revenue | BlueRun Ventures Family Headline
AI + Plush Toys + Emotional Value = BubblePal
Hands-On with Manus: The First AI That Actually Gets Things Done, Made in China (50 Use Cases + Breakdown)
The World's First General-Purpose Agent 2025, Dawn Breaks in the East
DeepSeek Fired the First Shot, but AI Democratization Is What Really Matters | A Conversation with Yu Ji of Xingyun Integrated Circuit
Where is the moat for large language model companies?
20 Questions to Understand DeepSeek and the "Second Half of AI" It Ushered In
20 Questions, Layer by Layer: The Story Behind DeepSeek
DeepSeek Is Far More Than an Open-Source Victory | BlueRun Ventures
Open source doesn't just make technology more transparent — it drives progress across the entire industry.
A Deep Dive into 7 Core Questions About DeepSeek | FreeS Fund Report
In an era of rapid AI advancement, the DeepSeek story is only just beginning.
Not text generation, not physics models — the ultimate frontier of AGI is life sciences | Xinxing PORTFOLIO
Baichuan's Chuan Wang: Toward a "Mathematical Principles of the Philosophy of Life"
2025: Three Directions Where AI Is Reshaping Drug Discovery
How Can AI Help Drug Development Cross the "Valley of Death"?
2025 Kickoff Conversation: The Critical Year for AI, The Dawn of the Agent Era | A Conversation with ZhenFund's Yusen Dai
"You couldn't have built Douyin in the BlackBerry era."
2025 Kickoff Conversation: AI's Pivotal Year, the Dawn of the Agent Era | A Conversation with Yusen Dai of ZhenFund
Code View | Consensus and Non-Consensus: From Models to Applications, Looking Back and Ahead at 2024 AI Trends
Adapting to Change
Data-Driven Thoughts on "The Foolish Old Man Moves AGI" | 5Y View
The more human effort you put in, the more intelligence you get out.
AI Entrepreneurship Goes Global: Open Source, Opportunities, and Challenges | 5Y Capital Tavern Vol.23 [Podcast]
How a new generation of AI entrepreneurs can find opportunities and navigate challenges between open source and global influence.
Looking Ahead to 2025: What Innovation Opportunities Await the AI Industry? | FreeS Fund Report
Our Thinking on AI Technology Progress and Industrialization
This Is Absolutely Not the Top 10 AI Stories of 2024 You'd Expect | A Conversation with CyberZen's Editor-in-Chief "Dacongming"
"Lovely people don't get defeated by life."
This Is Definitely Not the 2024 AI Top 10 List You'd Expect | A Conversation with CyberZen Founder Dacong Ming
"The Most Underestimated Moat in Tech Is Brand" | Interview with Daniel Gross — Silicon Valley's Top Founder and VC
In a world where most people drive Priuses and wear hoodies, no one wants to contemplate the aesthetics of "brand as moat."
AI Designer Handbook: Who Am I, Where Did I Come From, Where Am I Going? | A Conversation with Pozzo and Zhao Chen
Designers are among the professions most affected by AI — they stand at a crossroads.
Code View | Structural Opportunities Persist Long-Term — Growth-Stage Consumer Investment Strategy Through a Beta Lens
The Reality and Fantasy of Hardware in the AI Era: A Conversation with NuMiao's Li Nan on Hardware, Marketing, Silicon Valley, and Life-Changing Experiences
Misjudgment, failure, bad luck, misfortune, the need to adapt, the possibility of being eliminated — these are the normal state of the world.
Hongjiang Zhang: My Eight Observations and Views on AI and Large Models
The AI Engineer's Guide: Who Am I, Where Did I Come From, Where Am I Going? | A Conversation with SiliconFlow Founder Jinhui Yuan and Indie Developer idoubi
Ambition, curiosity, and the freedom to roam.
Runway AI Removes Open-Source Models, Sparking Concern | ChatGPT Weekly Active Users Surpass 200 Million | Alibaba Open-Sources Multimodal Model Qwen2-VL
Flip through the digest, get all the AI news you need
Midjourney Enters Hardware | Google Launches First AI Game Engine GameNGen
Flip through the evening digest before bed, stay on top of all the AI news.
"Six-Pack Abs" Aren't Just a Dream: AI Can Make It Come True
One-click muscle gain.
Brewing tea, making pancakes, practicing Wing Chun — AI robots are better at retirement than I am
What's more, it never ages in the first place.
Li Mu: "Starting a company is about defying fate — what exit strategy are you even thinking about?"
One year in AI is three years on Earth.
Haiper's Yishu Miao: Video Generation Is Still at the "GPT-2" Stage | 5Y View
Before becoming the TikTok of the GenAI era, Haiper is trying to become Xiaohongshu first.
"Press Releases Are Dead, Long-Form Podcasts Rule" | Lei Jun and Elon Musk's Shared Choice
Podcasts: The New Favorite of Tech Bigwigs.
"Conquered by You Just Like This" | 4 Million People, Blasted by AI Until They Crumbled, Laughed Through Tears, and Couldn't Stop Coming Back
"Drink the poison you've hidden away"
The First Batch of Robots Has Already Started Working at BMW's Factory
No rush. / Don't panic. / Stay calm.
OpenAI: "Tremble, cheating children — I will catch you!"
Tremble!
The AI That Defeats Time: MIT's New Tech Spots Breast Cancer Risk Five Years Early
A chance to make a major contribution.
"If You Don't Understand These 3 Differences Between AI and Mobile Internet, Don't Bother Starting a Company"
Bingjian Wu, Partner at Heart Capital (formerly Soul Capital), former mobile product manager and strategic analyst at a major tech firm, previously at K2VC and
Chuan Wang: With 5 Billion Yuan Raised, I'm in the Top Three
The straight-A student's life has been one long winning streak.
"Who's even using OpenAI anymore? Everyone's on Claude Sonnet now!"
What goes around comes around.
Cewu Lu on Embodied Intelligence: The Data Curse, First Principles, and the Two-Stage Rocket Large Model | Gaorong Ventures
Starting from first principles, breaking the data curse in embodied intelligence.
Apple: The Ultimate Harvester of AI Dividends
Apple's Strategic Layout in the AI Era
A 10,000-Word Chronicle: The LLM Infrastructure Years, From the Dark Ages to the Golden Age to the Silver Age
The low-hanging fruit has been almost entirely picked. What now?
"I Want to Shatter Your Unrealistic Fantasies About AI, and Rebuild a Correct Understanding" | Podcast
The most knowledge-dense episode of "Crossing" podcast ever is here!
What happens when a man who loves playing with fire gets his hands on AI?
The Collision of Art and Science
"I Want to Shatter Your Unrealistic Fantasies About AI and Rebuild a Proper Understanding" | A Conversation with Leding Li, Baidu Principal Architect in the Trenches
For the First Time Ever: AI Beauty Pageant Crowns a Winner Who Beat Out 1,500+ Contestants
Is this what straight guys think looks good?
Shanghai Temasek Lands 89 Billion in a Single Day
No trade, no Shanghai.
Another batch of AI robots is about to clock in at the factory...
Working for BMW.
ChatGPT Mac App Arrives | DingTalk to Open Up to All AI Large Model Vendors | Groq Valued at $2.5 Billion in New Funding Round
The power of intelligence comes from human complexity, not from a single, perfect principle.
SenseTime Researcher Hangyu Mao: Collaboration and Alignment Between Agents | Agent Insights
Counselor Vitality
Large Language Models Are Still in Elementary School — Don't Rush Them Into the Workforce | A Conversation with ZhenFund's Yusen Dai: What Stage Is AI At Right Now?
This is a crossover episode between the ZhenFund podcast *"Seriously Speaking"[1]* and the Crossing podcast[2].
Oasis Capital and Xingyao on His 2024 ICLR Agent Best Paper Award | Agent Insights
"Counselor on Vitality" or "Counselor for Life Force" — this appears to be a title or role name, but lacks context for a more precise translation. Could you provide the surrounding text or clarify the context?
AI Development Through the Lens of U.S. Software Company Statistics | 5Y View
The teams that can rise to today's challenges will have the chance to become tomorrow's iconic companies.
The Road to Embodied Intelligence | FreeS Report 37
Understanding Embodied Intelligence: Beyond Humanoid Robots
Qin Liu: Black Soil, Flowers, Poetry, and the Distance | 5Y View
Growing alongside the next generation of entrepreneurs.
Starting with Microsoft's Copilot+PC Launch: The Drowning Dilemma for AI Entrepreneurs and 3 Promising Directions
I, someone who hasn't felt the slightest pull toward any Microsoft product in 20 years, found my heart racing today.
What Is Love? I Asked My Daughter, My Mother, My Grandmother, and AI
On the morning of May 20, I received a bouquet of flowers from Moonshot AI. The card read: "I'm Kimi. Nice to meet you." I posted about it on Moments, and
How Far Is Embodied Artificial Intelligence From Reality: Hype, Bubble, Tech Frontier, Commercialization | FreeS Fund
AI veers left, robotics veers right, and embodied intelligence stands at the intersection.
OpenAI Rewrites History Overnight, GPT-4o Obliterates Every Voice Assistant | BlueRun Ventures
GPT-4o, Finally Here
What Are Top AI Founders Building? | A 5-Hour Podcast Breaks Down 260 Y Combinator AI Companies from the Past Year (Part 1)
Fudan University AI³ Researcher Yinghui Xu: The Visual Creation Interface for Agents | Agent Insights
Counselor on Vitality
"Not Doing Something Would Be a Waste of This Era" | Interview with Indigo: Took Companies Public; Invested in OpenAI, Anthropic; 300% Returns on US Stocks
Li Feng in Conversation with Lian Wenzhao: The Promise and Hype of Large Models, the "Impossible Triangle" of Robotics, and the Future | FreeS Fund Venture Dialogues
This is an unprecedented opportunity: technology-driven, industry-anchored.
A Conversation with Junjie Yan of MiniMax: AGI Isn't a Doomsday Weapon, It's a Product Ordinary People Use Every Day | Oasis Vitality
Counselor Vitality
Source Code Capital Teams Up with Top Universities and AI Leaders for Gen-AI Future Discussion
You can connect with frontline founders, leading researchers, and Source Code Capital investors to exchange industry insights, explore career opportunities, and brainstorm startup ideas.
Sameness and Difference: Future World Lines of Embodied Intelligence (Part 1)
Counselor Vitality
How to Define AGI? | 5Y View
The Debate Over the Essence of "Artificial General Intelligence"
Peking University Professor Liu Chang: In Search of the Aladdin's Lamp | Agent Insights
Counselor on Vitality
The Power of Faith-Based Spending: A Chat with LimX Dynamics on GTC and Humanoid Robot Progress | Oasis Vitality
Advisor on Vitality or Counselor for Life Force or Consultant on Life Vitality (Without additional context, this brief phrase could refer to a role or title in various contexts — traditional Chinese medicine, wellness, organizational consulting, or even a literary/metaphorical usage. The most natural English rendering depends on the specific domain.)
Code Brain | Some Calm Reflections on Figure's New Demo
The robotics space will keep delivering exciting advances, and Figure's demo won't rank among the most groundbreaking.
Li Xiang x Li Feng: Key Timelines and Events Worth Watching in 2024 | Li Feng Column
Why is the period after the Two Sessions such an important inflection point?
Professor Yu Su of The Ohio State University: See! Then Act | Agent Insights
Counselor on Vitality
Attent!on! ChatGPT Hands Humanity an Apple! | Yunqi Kepu
In just 13 days
AI Watch: Snake Meets Tetris | 5Y View
Quarterly AI Industry Observations 1Q24
BlueRun Ventures Headlines | Zhilin Yang: Advancing Toward the Uncharted Snow-Capped Mountains
"If your ideal is something everyone can think of, it adds nothing to the total stock of human ideals."
AI Essential Reading: The Bitter Lesson | 5Y View
The most important lesson learned in AI research over the past 70 years.
After Reading 100,000 Words of Sora Discussions, Here Are 6 Takeaways I Want to Share
"I used to not believe it was real. Now I don't believe it's fake."
Here are 17 industry research reports and a podcast episode to get you started — happy first day back at work.
How do we embrace the changes that lie ahead?
I Tried AI Fortune-Telling and It Had Zero Filter — Here's What It Actually Said...
Love is two people who like sticking together. Love is caring about each other. Love is even better than "ten thousand"!
Weekly Miscellany: I Launched a Podcast; What Is GPT-5; My 10 Reading Tips; Wishing Us Ordinary-Day Joy
In this fleeting age of electric fireworks, today is the rarest gift of all.
Code Brain | Starting With What GPT-5 Is
No one knows what will happen next. It's crucial to stay humble and watch the future unfold.
Weekly Miscellany: Other People's 30s, How to Improve Your Luck, Good Things Will Happen
Never stop taking risks, never stop letting your imagination run wild — and always believe that something wonderful is going to happen. Who knows, you might just be the one to make it happen!
Code Brain | Bill Gates and Sam Altman's Conversation
Bill Gates and the OpenAI CEO discussed the direction of artificial intelligence, and what humans will do when that time comes.
3 Articles and 1 Tool for AI Beginners
Everyone, to some degree, carries a version of the same question: Will AI make me stronger, like wings on a tiger? Or will it slowly consume me?
The 5 Most Thought-Provoking Articles I Read in 2023
A new year, and I've decided to reopen my WeChat Official Account and start writing again. First, to share what I've seen and what I've been thinking about. Second, to use writing as a way to push myself into more systematic reflection. Third, to meet new people through it.
Code Brain | Top 10 AI Predictions for 2024
Code Brain | *Nature*'s 10 People of 2023 Unveiled, ChatGPT Makes the List
The generative AI revolution has already begun, and there's no turning back.
Heading into 2024: How We Think About AI Startup Investing | FreeS Fund Year-End Special
From 2023 to 2024: AI's Advances, Challenges, and New Opportunities
Heaven's Feel: The Root of AI and Gaming | 5Y View
Any sufficiently advanced technology is indistinguishable from magic.
Code Brain | Eight Takeaways on Google Gemini
A Small Step for Gemini, a Giant Leap for General Agents/Robots
AIGC "Peak Series" | Li Dahai: We Are Entering the Era of Collective Intelligence (Live Q&A)
A single fish doesn't have much intelligence, but a school of fish can exhibit collective intelligence as a group.
AIGC 'Peak Series' | ModelBest's Li Dahai: We Are Entering a New Era of Collective Intelligence
A single fish doesn't have much intelligence, but a school of fish can demonstrate collective intelligence as a group.
Code Brain | Open AI Shake-up Settles: Who Won, Who Lost?
The OpenAI Palace Drama: A Complete Account
Bill Gates: Agents Will Be AI's Biggest Race
Counselor Vitality
AI Thinking Part Three: One-Year-Old vs. Eighteen-Year-Old AI | VOICE
The best way to predict the future is to create it.
Kai Yu, Horizon Robotics: The Scientist-Founder Journey from Zero to One | 5Y View
"Be roughly right, not precisely wrong."
AIGC Summit | Creating the AI Productivity Gateway: OpenAI's Ambitions
The Apple App Store for AI Is Here
HydroX AI, a large model security and safe AI technology company, has raised $4 million in angel funding — led by Oasis Capital
Counselor Vitality
Oasis Capital Dialogue with Professor Yin Peng: Convergence and Flywheel
Constant Change
Code View｜How AI Products Build Moats: Certain Growth Flywheels? Uncertainty Protection?
Is There No Moat in AI?
Oasis Capital Dialogue with Professor Wu Yu: Pushing Every Millimeter
Embrace Change
Oasis Capital in Conversation with Professor Shang Jingbo: One Keystroke
The Data Flywheel
Three Months, 300 Plugins: What Kind of Ecosystem Is ChatGPT Building? | Yunqi Tech Talks
Before finding the next explosive growth point, you first need to ensure information security, balanced performance, and system stability.
Oasis Capital Dialogue with Professor Chen Tao: The Foundation of Castles in the Air
A spiral ascent
Why Is Great Innovation Impossible to Plan? | 5Y View
Consensus is often an obstacle to innovation.
From One-Tenth to One-Third Market Share: How Did Domestic Industrial Robots Break Through? | FreeS Fund Dialogue
The Past, Present, and Future of Domestic Industrial Robots
Rhythm and Structure in Investing
"For the Way, reduce daily; discard the false, keep the true."
Oasis Capital in Conversation with Professor Wen Ying: Cooperation Is Harder Than Competition
Boundary Extension
AIGC "Peak Series" | BAAI Conference: Humanity's Future and Hidden Concerns in the Post-AI Era
The Post-AI Era: Where Does Humanity Go From Here?
Fei Zhang: AI of Loving Grace | The Counting Horse
Everything will be rebuilt from scratch, and we're all starting from the same baseline of understanding.
The Parametric Reflection of the World: Why Next Token Prediction Produces Intelligence | 5Y View
Does GPT Already Possess Human-like Intelligence?
Tech Giants and Foundation Models: Real Business Is What Matters | "Yunqi FutureScope"
Return to reason, step into practice.
Yunqi's Chen Yu: The "80/20 Rule" in the LLM Era | Tencent Tech × Tidal Wave AGI+
Getting a model to 95% accuracy is definitely a moat.
Oasis Capital in Conversation with Professor Wu Yi: The Golden Age Brought by the Bubble
Open Source Drives Progress
3D Printing at 40: How Far From Niche Tech to Mass Adoption? | FreeS Report 31
Which industries are actually being transformed by 3D printing?
Oasis Capital Dialogue with Professor Liu Zhuotao: The Circulation Code of Private Domain Data
Progress and the Good
MaHui Book Giveaway | Why Greatness Cannot Be Planned
The only thing that matters about a stepping stone is that it leads to more stepping stones.
Speed Up LLM Apps 100x With Just a Few Lines of Code! How Yunqi Capital Helps Large Models Cut Costs and Boost Performance | Riding the AGI+ Wave
Who's Helping Large Models Cut Costs and Boost Speed?
Startups Don't Want to Get Wiped Out by GPT on the Beach | The Road to AGI
Then ride the wave.
A Debate: Two Investors With Different Perspectives on GPT | FreeS Research Institute
AlphaFold 2 vs. ChatGPT: Which Will Drive Greater Change?
Code Brain | The Hidden AI Talent Arms Race Behind Deep Learning's Decade-Long Rise
A team of professionals with unwavering conviction will ultimately become hotly contested talent that companies fight over.
Oasis Capital in Conversation with Professor Li Lei: When Elephants Fight, the Ants Die
Knowledge Distillation
AIGC "Peak Series" | OpenAI CEO's Latest Interview: 30,000-Word Full Transcript on Technology, Competition, Fear, and the Future of Humans and AI
Humanity seems to be facing an exponential growth miracle it never imagined.
The Most Intense Week in AIGC! AI's "iPhone Moment" Has Arrived | Yunqi Capital ChatGPT Special
AI Is Shifting Yet Again
AIGC "Peak Series" | Dr. Long Bo: Technical Outlook, Application Prospects, and Entrepreneurial Pitfalls of Large Language Models
A Human-Centered Perspective on the Opportunities and Challenges of ChatGPT
"Deep Winter" and "Spring Light": Where Is the Path Forward for Enterprise Software in 2023? | Enterprise Software Notes
A Deep Dive into the China-US Software Markets
"PingCAP" Huang Dongxu: After GPT-4, ChatGPT + Database = ? | Yunqi Capital ChatGPT Special
Draft to website, in just seconds?
AIGC "Peak Series" | GPT-4: 8+2 Notable but Easily Overlooked Points
The only thing limiting us, perhaps, is imagination.
Oasis Capital in Conversation with Professor Yang Xiaokang: What Can Be Understood Can Be Created
The Vitality of Technology
AIGC "Peak Series" | Source Code Capital "Chat Person": Straight Answers to "Everything" About Source Code Capital
Please decide the real name of "Chat Person"!
AIGC 'Peak Series' | Dr. Li Wei: Humanity's Language 'Tower of Babel' Built, ChatGPT's Glory and Challenges
ChatGPT has built a bridge between humans and machines.
AIGC "Peak Series" | Emergence Is Happening: The Brute-Force Aesthetics of LLMs
AI large language models will become productivity engines, driving an explosion of innovation across the application ecosystem.
Source Code Capital | Bill Xiong of Earth-2: Entrepreneurs Must Have Light
Holding yourself to a higher standard in business really isn't a bad thing.
Ted Chiang: ChatGPT Is a Lossy Compression Tool
One angle
*Time* Interview with ChatGPT: "I Still Have Many Limitations, But Humans Should Prepare for AI" | Yunqi Capital ChatGPT Special
When Machines Start to "Think"
What is the AIGC we're discussing?
A new transformation has begun.
9 Questions on Tech Investing! How Does ChatGPT Answer? | Yunqi Capital's ChatGPT Special
The Age of Humans and Machines Outworking Each Other — Are You Ready?
"Jina AI" Xiao Han: ChatGPT Is Disrupting Search, SEO Will Become Meaningless | Yunqi Capital ChatGPT Special
SEO Is Dead, Long Live LLMO
Code Watch | Who Are the AIGC 'Big Players'?
How will value evolve across the generative AI value chain? Will new moats emerge? And who stands to be the biggest winner in this space?
2022 Top 10 International Tech Stories Revealed | Yunqi Capital Science Chat
Science and technology illuminate the world.
Can the "ChatGPT" That Writes Songs and Codes Replace Humans? | Yunqi Science Chat
"ChatGPT Is Coming for Our Jobs Tomorrow"?
The Next Generation of Productivity Tools Is Here: How Should Entrepreneurs Embrace the AIGC Wave? | Ronghui Dialogue
"Every entrepreneur, developer, and creator should be paying attention to advances in AIGC."
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