Changxin Tech IPO Lottery Results: About 7.702 Million Winning Numbers
Changxin Tech disclosed the results of its online lottery for its initial public offering of A-shares on July 19. There are a total of 7,702,207 winning numbers, with each winning number entitling the holder to purchase 500 A-shares of Changxin Tech.
Tianshu Zhixin Unveils New Flagship General-Purpose GPU, the Tian’ai 300, at WAIC
On July 19, Tianshu Zhixin officially launched its new flagship general-purpose GPU product, the Tian’ai 300, at WAIC 2026. We’ve learned that the Tian’ai 300 is based on the SIMT general-purpose computing architecture. This chip is designed for three intelligent trends—”Information, Action, and Exploration”—and has undergone a comprehensive upgrade in chip architecture, key operators, system expansion, and software ecosystem.
According to test data provided by Tianshu Zhixin, the Tian’ai 300’s performance in complex business workloads matches and even surpasses international mainstream solutions based on the Hopper architecture. Specifically, in context 64k scenarios and MoE inference scenarios, its average performance is 10% higher than Hopper-based solutions. In tests with mainstream models like Qwen, GLM, Kimi, and DeepSeek, the first token latency is about 20% lower than Hopper, and the average communication latency during the Decode phase is reduced by about 13%.
Yimu Tech Closes Over $140 Million Series E Round, Valuation Tops $1.4 Billion
According to news on July 19, Yimu Tech has completed a Series E funding round of over 1 billion yuan, pushing its valuation past the 10 billion yuan mark. This round saw participation from multiple top-tier RMB funds, leading dollar funds, and well-known industrial players, with Gengxin Capital acting as the long-term financial advisor. The funds raised will be used for R&D in embodied intelligent tactile sensing materials, chips, algorithms, and models, as well as scaling up production line orders for mass delivery with high quality.
ASML Responds to Reports of 20,000 Euro Stock Incentive for Global Employees
Recently, there were rumors that chipmaking equipment giant ASML would give its global employees a stock incentive worth 20,000 euros.
On July 18, according to a report from Yicai, ASML responded by saying that the company’s management board decided to grant a one-time conditional stock award worth 20,000 euros to all eligible employees worldwide. The stock award will be granted on January 1, 2027, and will vest on January 1, 2030. The main condition for the vesting of these stock awards is that the employee remains continuously employed by ASML during this period.
Jensen Huang’s Signature Leather Jacket Sells for $960,000, 16 Times the High Estimate
On July 18, the latest auction results from Sotheby’s showed that the iconic Tom Ford black leather jacket, personally worn and signed by NVIDIA founder and CEO Jensen Huang, fetched a final hammer price of $960,000 in a charity auction. This selling price was 16 times the auction house’s official high estimate of $60,000.
China Telecom Chairman Ke Ruiwen: Will Prudently Advance Computing Infrastructure Construction
During the 2026 World Artificial Intelligence Conference, China Telecom Chairman Ke Ruiwen stated in a speech that the managed computing power on its “Xirang” intelligent computing platform has already exceeded 100 EFLOPS. China Telecom will prudently accelerate the construction of computing infrastructure. The company has already built over 900 data centers with a total power capacity of nearly 8 GW, making it the largest AIDC service provider in the country. It will increase the planning and deployment of domestic computing power, strengthen edge computing pool deployments around key cities, and enhance single-node computing power scale and service capabilities. The company will also accelerate the creation of a flexible and resilient computing interconnection network, build a “new eight vertical and eight horizontal” backbone fiber optic network, speed up the evolution of transmission links to 800G, and deepen the popularization of gigabit optical networks and 5G-A deployment. It will explore the construction of ultra-large capacity and OCS all-optical networking computing networks to support ultra-large-scale clusters and improve training and inference efficiency. Furthermore, it will continue to increase investment in submarine cable resources to provide a “land-sea mutual backup, internal and external coordination, safe and reliable” network foundation for international cooperation in artificial intelligence.
Apple Engages in Settlement Talks with U.S. Department of Justice Over Antitrust Lawsuit
According to reports on July 18, Apple is in early settlement negotiations with the U.S. Department of Justice regarding the antitrust lawsuit filed in 2024.
The U.S. government, during the Biden administration, sued Apple, accusing it of maintaining its iPhone ecosystem advantage by restricting the choices of competitors, software developers, and consumers. Apple has proposed several plans to end the lawsuit to the DOJ this year. Earlier, Apple had already adjusted its policies in response to some of the allegations, including opening up mini-program functionality to developers, supporting the RCS messaging standard pushed by Google, allowing cloud gaming apps, and opening up the iPhone’s payment chip interface. However, Apple has not yet allowed the Apple Watch to be fully compatible with Android devices. In June 2025, Apple attempted to have the antitrust lawsuit dismissed but failed to get the court’s support.
Apple Hikes Apple Music Subscription Prices Globally
On July 18, Apple raised global subscription prices for Apple Music. The individual plan’s monthly fee increased from $10.99 to $11.99, the family plan from $16.99 to $19.99, and the student plan from $5.99 to $6.99. Apple stated that the price adjustment primarily reflects the rising costs of music copyright licensing and supports the continued provision of fair compensation to musicians. Meanwhile, the student subscription now includes a free Apple TV+ benefit. The price of the basic Apple One bundle remains unchanged at $19.95 per month, but the prices of higher-tier Apple One bundles have also increased by $2.
