Overview
- OpenAI CEO Sam Altman said the company is exploring selling compute directly and outlined an approximately $1.4 trillion, eight‑year plan to build data centers, framing a potential move into AI‑focused cloud services.
- Altman projected OpenAI’s annualized revenue to top $20 billion by year‑end with a longer‑term goal in the hundreds of billions, positioning compute sales as a path to recoup massive infrastructure outlays.
- Zhiyuan Innovation completed a corporate conversion to a joint‑stock company on November 6, a formal step that follows its July move to acquire at least 63.62% of materials firm Shangwei New Materials.
- A new ‘Zhiyuan Shangwei’ account published teaser posters of a 1.88‑meter humanoid robot that appears able to transform into a quadruped form, signaling product ambitions but not confirming specifications or launch timing.
- Early‑stage XDream Robotics said it raised several tens of millions of RMB from GL Ventures, Zhiyuan Robotics and others, with companion‑robot prototypes complete and company‑stated timelines targeting tests in Q1 and pre‑sales in Q3 next year, while China Mobile’s fund joined Neolix’s D round with plans for joint city‑logistics AV development.