China's NDRC: Computing Network Construction to Attract 4 Trillion Yuan in Direct Investment During 15th Five-Year Plan Period

According to the National Development and Reform Commission, related institutions estimate that computing network construction will add 4 trillion yuan in direct investment during the 15th Five-Year Plan period. Separately, South Korea announced plans to inject 20 trillion won into a sovereign wealth fund for strategic investments in AI, data centers, and infrastructure.

Cainiao CTO Li Qiang launches Physical AI platform, secures over 100 million yuan seed round from Yunqi and SenseTime

Physical AI platform company Quantum Dynamics, founded by former Cainiao CTO Li Qiang, has completed a seed funding round of over 100 million yuan, co-led by Yunqi Capital and SenseTime. The funds will be used for core technology R&D, talent building, and global expansion, focusing on building a full-chain intelligent system for the physical world. The company targets logistics warehousing scenarios to accumulate exclusive real-world data and develop a world-action model.

SenseTime