Krypton Evening News | Prada Group H1 Revenue Up 16%, Miu Miu Growth Slows Significantly; Inspur Data Launches Proprietary AI Data Operating System

Prada Group reported H1 2026 revenue of €3.048 billion (about RMB 23.7 billion), up 16% year-on-year at constant exchange rates, with organic growth of 5% and Q2 growth of 7%. Prada brand retail sales grew 3% in H1, with Q2 growth rising to 6%, driven by comparable growth and full-price sales. Miu Miu retail sales grew 3% in H1, with similar growth in both quarters, a notable slowdown compared to its 49% growth in H1 last year. The group's acquisition of Versace at the end of 2025 contributed net revenue of €305 million in H1, in line with expectations. Inspur Data officially announced a strategic upgrade from a traditional cloud computing and distributed storage provider to an AI infrastructure service provider, and released its self-developed AI Data Operating System. The system manages computing power, algorithms, and data as a unified resource, featuring a dual-architecture design of 'data base + computing engine', with innovative data-control separation architecture, lock-free coroutine scheduling framework, full-flash native layout algorithms, full-time domain dynamic evolution architecture, multi-core multi-mode efficient inference engine, and an intelligent agent DesignRun full-process running environment. ByteDance officially launched its new video generation model Seedance 2.5, with API services for enterprise users to be available soon on Volcano Engine, and several companies including XCMG, XPeng Motors, and AGIBOT have expressed intention to integrate it.