According to PANews, U.S. federal judge Rita Lin dismissed xAI's lawsuit against OpenAI on June 16, ruling that the AI company failed to prove OpenAI induced former xAI engineer Xuechen Li to steal trade secrets or that secrets were disclosed during OpenAI's recruitment efforts. Judge Lin stated tha

According to The Information, Tencent has invested $20 million in a new AI lab founded by Lin Junyang, the former core leader of Alibaba's Qwen large language model, as of June 15. The Series A round raised hundreds of millions of dollars with a post-money valuation of approximately $2 billion,

Gate News: Gate TradFi Stocks专区 has launched 10 CFD trading pairs, supporting 4x fixed-leverage trading. The listed trading pairs include: NOK (Nokia), SHEL (Shell), LIN (Linde Gas), MUFG (Mitsubishi UFJ Financial Group), SAP (SAP), TMUS (T-Mobile US), TTE (TotalEnergies), PANW (Palo Alto Networks), NVO (Novo Nordisk), NEE (NextEra Energy). The minimum order quantity for all trading pairs is 0.1. TradFi contracts are derivative products in the form of contracts for difference (CFDs) for traditio

According to a recent CNBC interview, SenseTime co-founder and chief scientist Lin Dahua said the company's latest model SenseNova U1 has image generation capabilities behind OpenAI's GPT Image 2 and Google's Gemini Nano Banana, but costs only one-tenth of ChatGPT Images 2.0. SenseNova U1 is a

According to Deribit APAC business head Lin Chen, a derivatives trader purchased 800 BTC bull call spread options on May 4, buying $80,000 call options while selling $85,000 call options, signaling a bullish outlook on Bitcoin's near-term price

According to Caixin, lawyer Peng Jing, founding partner and director of Chongqing Jingsheng Law Firm, was taken away for investigation on May 1, reportedly linked to former Chongqing mayor Hu Henghua and Luo Lin, Chongqing's party committee member and Liangjiang New Area party chief, according to

Gate News message, April 22 — Bitfire, a Hong Kong-listed wealth management company, is acquiring a trading team and trading systems from Avenir Group, the family office founded by Li Lin, according to Bloomberg. Bitfire CEO Livio Weng confirmed the acquisition aims to expand the company's private b

Sequoia Capital has raised $7 billion for a new fund under Alfred Lin and Pat Grady, focusing on AI startups like OpenAI and Anthropic. This marks a shift in strategy, allowing investments in competing companies within the same sector.

California Judge Rita Lin issued a temporary restraining order, suspending the Trump administration's designation of "supply chain risk" against Anthropic, stating that the measure may violate the law and be unreasonable. Anthropic was classified as a risk company for refusing to relax usage restrictions on its Claude model, a designation that could lead to hundreds of millions of dollars in losses. The restraining order will take effect in 7 days to allow time for the government's appeal.

Former technical lead of Alibaba's Tongyi Qianwen, Lin Junyang, explained in a lengthy article that the AI industry will shift from reasoning-based thinking to agent-based thinking, emphasizing the importance of environment construction. He believes that agent-based thinking will become mainstream, but it faces the risk of reward hacking. Future competitive advantages will depend on better environment design and multi-agent collaboration capabilities.