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Wednesday

Tuesday

  2. 36Kr · AI

    iFlytek's non-recurring net loss in the first three quarters was 763 million yuan, with its book profit turned positive by subsidies and equity gains

    In the first three quarters, iFlytek's revenue was 18.187 billion yuan, and net profit attributable to shareholders was 21.8872 million yuan, but non-recurring net profit showed a loss of 763 million yuan, more than double the 338 million yuan loss in the same period last year. The book turnaround to positive was mainly due to 471 million yuan in government subsidies, 370 million yuan in equity appreciation of invested companies, and 84 million yuan in asset disposal income, totaling about 785 million yuan. The company's R&D expenses in the first three quarters were 3.850 billion yuan, accounting for more than 21% of revenue, and it attributed the widened non-recurring loss to continued investment in the self-controlled large model route; in public domestic large model tenders in the third quarter, iFlytek ranked first in both the number and amount of bids won.

    In the first three quarters, iFlytek's revenue was 18.187 billion yuan, and net profit attributable to shareholders was 21.8872 million yuan, but non-recurring net profit showed a loss of 763 million yuan, more than double the 338 million yuan loss in the same period last year. The book turnaround to positive was mainly due to 471 million yuan in government subsidies, 370 million yuan in equity appreciation of invested companies, and 84 million yuan in asset disposal income, totaling about 785 m

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  11. Huxiu

    Where the money of the top 100 US VCs and CVCs flowed in the first three quarters of 2026

    In the first three quarters of 2026, global startup funding reached $679 billion, a record high for the same period, of which US companies took about $515.8 billion, up about 44% year over year. Tracking 100 US VC and CVC institutions, the report finds that capital is shifting from picking winners to directly purchasing capacity such as data centers, GPUs, power, and defense contracts, with 27 billion-dollar financings in Q3. Corporate venture capital already accounts for 87.9% of the amount of US AI venture deals; among the 25 VC sample, the top 10 companies by amount took 39.2% of funding, and the average deal size of $137 million is 5.7 times the median of $23.98 million.

    In the first three quarters of 2026, global startup funding reached $679 billion, a record high for the same period, of which US companies took about $515.8 billion, up about 44% year over year. Tracking 100 US VC and CVC institutions, the report finds that capital is shifting from picking winners to directly purchasing capacity such as data centers, GPUs, power, and defense contracts, with 27 billion-dollar financings in Q3. Corporate venture capital already accounts for 87.9% of the amount of

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Monday

Sunday

  2. Shao Meng

    Stripe Chief Design Officer Katie Dill on How to Use AI to Scale Intent, Quality, and Artistry

    In her talk at Lenny's Summit, Stripe Chief Design Officer Katie Dill argued that using AI only to do existing things faster misses the most interesting part, and that we should raise the ceiling across four dimensions: point of view, standards, editing, and creativity. She identified three warning signals—LLMs naturally gravitate toward the mean, a sense of completion is seductive, and work becomes disposable—which, when combined, produce monotonous, hollow zombie UI. Stripe's practice evolved from using MCP to let AI read design docs to building a CLI on top of the design system, injecting docs at the right moment to avoid context rot, and upgrading content from atomic components to full templates and flows.

    In her talk at Lenny's Summit, Stripe Chief Design Officer Katie Dill argued that using AI only to do existing things faster misses the most interesting part, and that we should raise the ceiling across four dimensions: point of view, standards, editing, and creativity. She identified three warning signals—LLMs naturally gravitate toward the mean, a sense of completion is seductive, and work becomes disposable—which, when combined, produce monotonous, hollow zombie UI. Stripe's practice evolved

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