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Companies, products, and big moves

Qwen tops the open-model world with 3 billion downloads

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Qwen tops the open-model world with 3 billion downloads

The open-weight center of gravity has a new address: Alibaba's Qwen crossed 3 billion downloads in six months, and Hugging Face's summer ecosystem report crowns it the largest foundation in open AI. Alibaba's Qwen family has become the most-downloaded open model line on Earth, with more than 3 billion downloads in the past six months — ahead of Meta and Google. Bloomberg reported the milestone, and Hugging Face's "State of Open Models, Summer 2026" report backs it up with ecosystem numbers: 151

Token brokers now resell AI credits at up to 80% off

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Token brokers now resell AI credits at up to 80% off

The gray market for AI tokens has grown from scattered forum posts into storefronts, Telegram channels, and brokers offering $100,000 a day of API spend. A new investigation maps that economy end to end — and the discounts it documents are real enough to check yourself. The brokers came to the inbox first Security researcher Matt Lenhard spent weeks emailing the people who email him. His Vectoral investigation, which climbed onto the Hacker News front page this afternoon, started with founder

Booksellers suspect AI firms behind 'strange' bulk book orders

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Booksellers suspect AI firms behind 'strange' bulk book orders

Secondhand bookshops across the UK and Ireland say mystery buyers are clearing their shelves with erratic, theme-free bulk orders — and the trade increasingly suspects the books are being scanned and pulped to feed AI training pipelines. Booksellers in the UK and Ireland are reporting a wave of "strange" bulk orders from anonymous buyers, with many convinced the purchases are AI data acquisition. The Guardian spoke to shops fielding orders from the US, Canada, continental Europe and the UK — pu

Hefei becomes 18th city in China's national AI pilot zone program

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Hefei becomes 18th city in China's national AI pilot zone program

China's industrial AI policy machine keeps adding cities to its national pilot-zone program — this week it was Hefei's turn, and the designation comes with some of the most interesting numbers yet on domestic compute. China's Ministry of Industry and Information Technology has approved Hefei to build a National AI Industry Innovation Application Pilot Zone, making the city the 18th member of a program that already includes Shanghai, Nanjing and Hangzhou. The zones exist to push AI deeper into t

Huawei's open-source WorkSwarm brings swarm agents to HarmonyOS PC

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Huawei's open-source WorkSwarm brings swarm agents to HarmonyOS PC

The multi-agent trend crossed a new threshold this week: openJiuwen, the open-source agent platform built by Huawei's 2012 Labs, Huawei Cloud and the terminal team, launched WorkSwarm — a swarm of office agents that collaborate as a team, not a single assistant — and it's the first of its kind on the HarmonyOS PC app store. Huawei-backed openJiuwen upgraded its JiuwenSwarm engine into WorkSwarm, a full office-agent suite that ships on the HarmonyOS PC app store with Windows and Mac support. The

Alibaba's Qianwen Office adds GLM-5.3 and DeepSeek V4 Pro

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Alibaba's Qianwen Office adds GLM-5.3 and DeepSeek V4 Pro

Alibaba just turned its flagship office agent into a showroom for its rivals' models — a move no Western office suite has made yet. Alibaba's Qianwen Office — the enterprise agent suite that opened public beta earlier this month — is the first product to offer Zhipu's GLM-5.3 and DeepSeek's V4 Pro directly, selectable today from the "frontier models" tier on the app's homepage. The two additions sit alongside Alibaba's own Qwen3.8, which shipped as the launch flagship when the product debuted i

China's LLM call volume tops US for 15 straight weeks

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China's LLM call volume tops US for 15 straight weeks

The week's usage data landed, and the curve keeps pointing one way: Chinese models now move more traffic than American ones — by a wide margin. The catch is in what the numbers actually measure. Chinese AI models have now out-called their US rivals for 15 consecutive weeks, with the top four most-used models on the OpenRouter aggregation platform all coming from China. For the week of August 3–9, the platform recorded 69 trillion tokens of total usage, up 21.5% week over week. Chinese models ac

Mercor, data brokers circle dying startups for AI training data

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Mercor, data brokers circle dying startups for AI training data

AI labs' hunger for real company data has created a new kind of distressed-asset buyer: data brokers who swoop in when startups shut down or get acquired, offering to buy or license the internal datasets that used to die with the company. Data firms that supply AI labs are driving a growing market for the internal datasets of startups that are shutting down or being acquired, according to The Information. Mercor and other companies that gather training data for OpenAI, Anthropic and their rival

Nvidia halves OpenAI's $250B data center backstop to $120B

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Nvidia halves OpenAI's $250B data center backstop to $120B

The biggest guarantee in AI financing just got a lot smaller — and the reason is risk, not strategy. Nvidia has cut its planned financial backing for OpenAI's Ohio data center nearly in half, from a $250 billion guarantee to just under $120 billion, after investors pushed back on the company's exposure, the Wall Street Journal reports. The scaled-down backstop covers only the first construction phase — roughly five gigawatts of capacity — while OpenAI separately negotiates a lease for the full

Anthropic's first profitable quarter rewrites the IPO math

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Anthropic's first profitable quarter rewrites the IPO math

Anthropic told prospective investors it generated more than $11.5 billion in revenue in the second quarter with positive adjusted operating income — its first profitable quarter by that measure. The numbers, from documents viewed by Bloomberg, land weeks before what reporting has described as potentially the largest IPO on record, and they reset the conversation about whether frontier AI can be a real business. The numbers behind the milestone The scale of the jump matters as much as the prof

Honor's YOYO Claw agent now runs on Zhipu's GLM-5.3

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Honor's YOYO Claw agent now runs on Zhipu's GLM-5.3

China's device makers are plugging frontier models straight into their agents, and Honor just became the first big name to ship Zhipu's new flagship. Honor's cross-device AI agent YOYO Claw now runs on Zhipu's GLM-5.3, the model the lab released Thursday — making Honor the first major device maker to adopt the new open-weights model. The company's all-scenario software lead, Xi Yingjun, announced the integration on the evening of August 14, calling it a full upgrade of Claw's "shrimp brain." YO

Bank of China's first 'token loan' ties credit to AI usage

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Bank of China's first 'token loan' ties credit to AI usage

China's banks are starting to lend against something with no physical form: the tokens an AI company burns through. Bank of China has reportedly issued the country's first compute "token loan," and the product signals where AI financing is headed — past the data center and into the application layer. Bank of China has extended what's reported as China's first compute "token loan," sizing credit lines for AI companies by how many tokens their products actually consume. Guangdong launched the pro