AstraZeneca Signs $247 Million Collaboration Agreement with Absci to Co-Develop Cancer Drugs

Translated data: The British and Swedish pharmaceutical company AstraZeneca has entered into a $247 million agreement with American artificial intelligence (AI) biopharmaceutical company Absci, aimed at collaborating to develop an antibody for combating cancer. Absci will apply generative AI to design the optimal drug candidate, bringing new treatment options to cancer patients. The deal includes an upfront fee, R&D funding, milestone payments, and royalties.

ByteDance Seed Adjusts: Comprehensive Restructuring of Pre-training, Reinforcement Learning, and Agent Development

ByteDance's Seed foundation model unit reorganized: Seed Foundation Model created four first-level departments reporting to Wu Yonghui. It consolidates pretraining data, RL and post-training resources, separating B-end and C-end product model capabilities. Pretrain Data led by Li Chenggang integrates text, coding, vision, speech data teams to support new Omni model.....

Watch Out! DeepSeek Flash Vision Model Gets a Sudden Update, Supports Multimodal

The DeepSeek toolchain is upgraded to version 0.1.1-rc.1, adding the visual model experience version V4Flash Vision-Exp on top of V4Flash and V4Pro. Previously, version 0.1.0-rc.8 had already enabled multimodal capabilities, supporting native image requests and mixed text-image input with commands such as /goal and /plan.

TaoTie Launches iO AI Glasses, Price 2499 Yuan with 24/7 AI Memory Support

TaoTie Innovation launches the new iO series. The first TaoTie iO is positioned as an 'AI-enhanced glasses for humans', priced at 2499 yuan, with a launch price starting at 1996 yuan. It supports prescription lenses from 0 to 1000 degrees and is now available on Jingdong, Tmall, Douyin, and offline channels. In the first quarter of 2026, TaoTie ranked first in AR glasses shipments in China and globally. The new product features dual-eye display and Blue Lake waveguide technology, with a 93% optical clarity (OC area) and over 98% in non-display areas.

China's Large Model Receives Another Major Upgrade, iFLYTEK to Launch a New Main General-Purpose Large Model

iFLYTEK revealed at its 2026 Semi-Annual Performance Briefing that it will officially launch a new main general-purpose large model based on domestically-produced computing power during this year's 1024 Developer Festival; a phased version will be released in late August for early market and developer experience, with an established technical implementation schedule.

Kakao's Board Approves Split Plan, Plans to Establish Kakao AI

Kakao announces its restructuring: a new company called 'Kakao AI' will focus on KakaoTalk and artificial intelligence. The original company will be renamed 'Kakao X' to handle investments, fintech, content, and mobility. The reorganization aims to operate independently, accelerate AI implementation, and improve capital allocation efficiency. The net assets will be split in a 36% and 64% ratio.