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On June 19, an AI pioneer, Yann LeCun, said in an interview with CNBC today that the AI industry currently faces core problems such as high operating costs. According to Yang Liquon, the prices of AI models and assistants are constantly rising, the companies that operate these services continue to lose, and the rate of cost decline cannot keep pace with market expectations. In his view, the fact that a large number of AI services were now able to maintain lower prices was due to the fact that investors were providing subsidies in silence and that many companies still failed to establish sustainable business models. I don't know.

ON 19 JUNE, ACCORDING TO THE NEWS, IN RECENT DAYS, THE MINISTRY OF COMMERCE AND OTHERS HAVE JOINTLY ISSUED AN IMPLEMENTATION OPINION ON ACCELERATING THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE + CONSUMPTION (HEREINAFTER REFERRED TO AS THE IMPLEMENTATION OPINION). THE CHIEF OF THE MARKET CONSTRUCTION DIVISION OF THE MINISTRY OF COMMERCE READ OUT THE IMPLEMENTATION OPINION. THE MAIN ELEMENTS OF THE IMPLEMENTATION OBSERVATIONS ARE AS FOLLOWS: THE IMPLEMENTATION OBSERVATIONS FOCUS ON THE PROMOTION OF THE INTEGRATION OF ARTIFICIAL INTELLIGENCE WITH CONSUMPTION DEPTH, WITH A FOCUS ON EXPANDING THE CONSUMPTION OF SMART GOODS, ENABLING SERVICE CONSUMPTION, AND INNOVATIVE CONSUMPTION SCENES, WITH THE NEW DEMONSTRATION OF NEW SERVICES FOR NEW ARTIFICIAL INTELLIGENCE PRODUCTS AS A PATH, AND PROPOSE 17 INITIATIVES IN 5 AREAS. ONE IS TO MENTION...

On June 19, according to news, yesterday, Chairman Cai Chongsing of the Ali Baba Group, at the European Science and Technology Summit VivaTech 2026, described the development strategy of Ali Baba All-Ai. Cai Zhongsin argued in a conversation that the total potential market size of AI (TAM) should target human productivity itself. “AI is creating value units that are equivalent to human intelligence and human productivity. Globally, at least half of a billion dollars of GDP -- 50 trillion dollars -- is about human productivity and human intelligence, and that's the total of AI...

On June 19, according to The Inside of Business, Jeff Bezos, the founder of the Amazon, said yesterday at the VivaTech Science and Technology Summit in Paris that AI would not eliminate jobs, but rather create a labour shortage. In his view, the core value of AI was to lower the threshold for putting creativity into practice. Bessos called the process "Dreaming - Constructing Cycle" and argued that technological progress would unlock a large number of ideas that had been put on hold for too high implementation costs. I'm sure everyone here has the idea of starting a business or developing new products, but that...

On June 19, according to The Information, early Chinese investors at AI Smart Manus were planning to repurchase the company from Meta at a price of $2 billion (approximately $13.5 billion yuan) paid by Meta last year. The repurchase deal is still under way. According to the report, HSG, JTF and QT will be involved in this buy-back, in which HSG and JTF consider using new funds to buy back Meta holdings, rather than requiring limited partners who had previously received allocated proceeds to return...

On June 18, in a message issued yesterday (17 June) by Mask-based company XAI, it announced that it was officially on line with the Grok Imagine Video 1.5 model and ended with a preview of official access in xAI API. XAI launched the Grok Imagine Video 1.5 Preview preview on 3 June 2026, with the main hit "Step Chart One Generates Short Videos with Synchronized Audio" and, compared to the previous generation, the main upgrades to the synchronization, motor authenticity and production speed. I don't know.

On June 18, the Shanghai Stock Exchange issued a directive yesterday (17 June) to support the listing of high-quality, large-scale, artificial-intellectual models that have not yet generated a certain income. It is clear from the listing guidelines that the fifth set of listing standards applies to enterprises with large artificial intelligence models. The core technology products of the issuers applying for listing should fall within the scope of the support encouraged by national STI strategies and related industrial policies in the area of artificial intelligence, with the main operations being the autonomous development of large artificial intelligence models, model services or model applications. The issuer has a prominent position in the field of large models of artificial intelligence.

On June 18, according to the news, the think-tank announced yesterday to be online and open-source GM-5.2, the new model focused on Coding and the long-range mission. GLM-5.2 has an automated research, performance optimization, complex system engineering, and deep debugging Coding Agent scenario training; In the FrontierSWE long-range mission evaluation, GM-5.2 Max 10 Hrs scores 72.6%, lower than Claude Opus 4.8 Max 20 Hrs...