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AI News

AI's New Scarcity Is Power: Energy Vault Lines Up 1.25 GW for a Texas Hyperscaler

Energy Vault's new strategic agreement to deploy 1.25 GW of integrated power infrastructure for an unnamed hyperscaler's Texas AI data center puts hard numbers on the industry's changing bottleneck. The company expects $500 million to $600 million in revenue through the second half of 2026 and 2027. But the customer, commercial terms and execution details remain undisclosed, making this both a significant infrastructure signal and a project whose risks cannot yet be priced cleanly.

Marcus OkaforMarcus Okafor
Aug 8, 2026 10m
China Desk

Alibaba Is About to Charge Big Users for 'Free' Qwen — and It Changes Everything About Chinese Open-Source AI

Reuters reported on August 7 that Alibaba plans to require large commercial users of Qwen3.8-Max to share a portion of their revenue — mirroring Moonshot's Kimi K3 licensing playbook and signaling that the era of truly free Chinese frontier AI is ending. The shift has profound implications for every developer who built a business on the assumption that open weights meant zero cost.

Wei LianWei Lian
Aug 8, 2026 10m
China Desk

ByteDance Is Building a 10-Trillion-Parameter Model — and Zhang Yiming Has Banned the Shortcut Everyone Else Is Taking

The Financial Times reports ByteDance is pre-training a model with up to 10 trillion parameters — more than three times the size of Kimi K3 — while founder Zhang Yiming has simultaneously told the Seed team to forgo AI distillation entirely, even if it means falling behind DeepSeek, Kimi, and Qwen in the short term. The two decisions together reveal a company playing a fundamentally different game from its Chinese rivals.

Wei LianWei Lian
Aug 7, 2026 12m
China Desk

SenseTime's SenseNova U1.5 Is Out — and the Pro Version That Could Rival GPT-Image 2 Is Coming This Month

SenseTime dropped the open-source SenseNova U1.5-Lite-Preview on August 3, delivering native 4K generation and encoder-free multimodal editing to developers worldwide — while its flagship U1 Pro, targeting 8K output and long-horizon agentic design loops, is scheduled for full public API launch this month. Here is why the architecture underneath both models is unlike anything else in the field.

Sophia ChenSophia Chen
Aug 7, 2026 10m
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