Alipay AI Open Platform Officially Launches, Inviting Enterprise Developers & Service Providers
On July 7, NUPIAO learned that the Alipay AI Open Platform is now officially live and open for invite-only testing by enterprise developers and third-party service providers. Through the platform, businesses and organizations can access “Abao” and also opt for cross-device connectivity, integrating Abao with smartphones, vehicles, AI glasses, IoT devices, and various large language model platforms—achieving “one-time integration, multi-device distribution, and unified management.”
A first batch of brands and institutions, including KFC, Mixue Bingcheng, Luckin Coffee, Amap Taxi, Didi, and Wansuishan Wuxia City, have already integrated the platform, covering scenarios across dining, transportation, cultural tourism, and lifestyle services.
Nearly 70% of Zhipu Cornerstone Investors Pledge Long-Term Hold After Lock-Up Expiry
On July 7, NUPIAO reported that as Zhipu’s cornerstone investor lock-up window nears, several institutional investors have publicly expressed their long-term optimism and commitment to hold. The declaring institutions include JSC International Investment Fund SPC, WT Asset Management, Optimas Capital Limited, and Zhipu’s early shareholder and cornerstone investor Lingyun Guang Technology Co., Ltd., among others. Collectively, these investors hold nearly 70% of the shares released from this lock-up, representing a mix of national strategic capital, local government industrial guidance funds, large state-owned industry funds, and market-oriented professional investment institutions.
Tencent’s “Toast” iOS App Goes Live
On July 6, Tencent’s AI application generation and inspiration collaboration platform, “Toast,” officially launched its iOS version, now covering both major mobile platforms (iOS + Android). Described as a zero-barrier vibe coding tool, it lets users easily input ideas, generate apps, use them on their desktops, and share them socially. It’s also reported that Toast will fully open to the developer ecosystem in August, offering one-stop app publishing services, commercial component capabilities, and more API functions.
NVIDIA AI Server Architecture Rumored to Be Delayed, Company Says Roadmap Unchanged
On July 7, shares of Asian PCB manufacturers tumbled on reports that NVIDIA’s next-generation AI server rack architecture could be delayed by over a year due to manufacturing challenges. The rumor pointed to issues with the Kyber NVL144 architecture system during PCB production. NVIDIA responded, “Our roadmap has not changed.”
Embodied AI Startup Morphi Raises Over 1 Billion Yuan in Angel Round
On July 7, NUPIAO learned from investment sources that embodied AI company Morphi (Mò qí zhì néng) has officially closed an angel round exceeding 1 billion yuan. The round was co-led by Alibaba and Tencent, with participation from over a dozen top-tier institutions including Guanghe Capital. Following the investment, Morphi’s valuation surpassed 7 billion yuan, setting a record for the largest disclosed first-round financing in China’s embodied AI sector.
Smart Glasses Maker Even Realities Raises $150M, Joins Unicorn Club
On July 6, Shenzhen-based smart glasses company Even Realities announced the completion of a $150 million Pre-B funding round, pushing its post-money valuation above $1 billion and officially entering unicorn status.
The round was led by Meituan Dragon Ball and Meituan Strategic Investment, with existing investors Source One Capital and Tencent participating with oversubscriptions. Earlier this year, Even Realities also closed an A++ round co-led by Guanghe Capital and Source One Capital, with follow-on investment from existing backers such as Decheng Capital.
TeraWulf and Anthropic Sign 20-Year AI Data Center Lease Worth ~$19 Billion
On July 6, U.S. AI infrastructure operator TeraWulf announced a 20-year lease agreement with AI company Anthropic. Anthropic will lease a purpose-built AI data center facility at TeraWulf’s Justified Data campus in Kentucky, with a total critical IT load of approximately 401 megawatts (MW). The project will be built in phases, with the first capacity expected to come online in the second half of 2027 and full operations in early 2028. TeraWulf expects the lease to generate roughly $19 billion in contract revenue over the initial term, backed by an investment-grade credit entity. Simultaneously, TeraWulf announced the sale of its 50.1% stake in the Abernathy joint venture to an investor consortium led by AI cloud infrastructure company Fluidstack, achieving a premium exit on its roughly $450 million investment.
Synopsys to Discontinue Some Fab Manufacturing Analytics Software, Pivots to AI Chip Design
On July 7, NUPIAO reports that U.S. EDA giant Synopsys plans to stop releasing new versions of certain wafer fab process control software, redirecting resources toward its higher-margin AI chip design business. Between April and May, the company notified more than 10 semiconductor manufacturers, including Samsung Electronics, SK Hynix, Kioxia, and Qorvo, that it will cease version updates for tools such as the Equipment Engineering System (EES) and Fault Detection and Classification (FDC), fulfilling only ongoing maintenance obligations.
