Meitu partners with China Mobile Cloud to utilize AI image processing capabilities

Finnish fintech company Aibidia has recently secured $28 million in Series B funding. This capital will be used to expand its AI-driven tax technology platform into the US market. The round was led by Activant, with participation from existing investors DN Capital, FPV, and Icebreaker.vc, marking an important step for Aibidia as it extends advanced tax compliance and transfer pricing solutions to global businesses.
In the rapidly developing field of artificial intelligence today, Alibaba officially open-sourced its new Qwen3 Embedding model series on June 6th. Based on the Qwen3 foundation model, this model is optimized for tasks such as text representation, retrieval, and ranking, marking another significant breakthrough for Alibaba in the AI field. Compared to the previous version, Qwen3 Embedding has achieved over a 40% performance improvement in core tasks such as text retrieval, clustering, and classification. This progress not only makes it more competitive