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

Prada Group's H1 revenue grew 16% year-on-year to €3.048 billion at constant exchange rates, with Miu Miu's growth slowing sharply. Inspur Data officially upgraded its strategy to become an AI infrastructure service provider and released its self-developed AI Data Operating System. Meanwhile, ByteDance launched its new video generation model Seedance 2.5.

ByteDance

2.8 Trillion Not the End: Domestic AI Model Kimi K4 to Grow Massive, GPU Is the Bottleneck

Chinese AI startup Moonshot AI is reportedly planning a significant scale-up of its Kimi K4 model, far beyond the 2.8 trillion parameters of its predecessor, with GPUs being the main constraint. The news highlights the growing demand for computational resources in China's AI industry.

Moonshot AI