The University of Hong Kong’s diffusion model team raises nearly 500 million yuan, backed by Huawei and Shunwei Capital.
39 minutes ago
Beating AI News Flash: Shenzhen-based diffusion language model firm DiffuSpace has closed two consecutive financing rounds totaling nearly 500 million yuan. The rounds were jointly led by Matrix Partners China, Shunwei Capital, and Legend Capital, with follow-on investments from Huawei Harbin Investment, Horizon Robotics, and others. Multiple media outlets note this is the largest financing round in the global diffusion language model space. DiffuSpace was founded in May this year by The University of Hong Kong professor Kong Lingpeng and his PhD students Gong Shansan and Ye Jiacheng. The team previously co-developed Dream 7B with Huawei Noah’s Ark Lab and has open-sourced the model’s weights. It uses diffusion large language model (dLLM) technology. Unlike mainstream models like GPT and Claude that generate text sequentially, diffusion models can process content across multiple positions simultaneously before gradually completing and refining it. DiffuSpace is currently training a new 30-billion-parameter model, with plans to release and open-source it soon. The company will focus on advancing code agents and local deployment on devices including smartphones, automobiles, and robots.
Binance Alpha will conduct an airdrop at 17:00 today, with a point threshold of 245 points.
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Former core developer of Devin secures $60 million in funding: The AI can modify its own workflows and even simulate trial-and-error before execution.
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Yilihua: Bitcoin’s correction is not yet over, and he currently predicts it will fall below $79,000.
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Binance will add watch tags for BICO and CVC.
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OpenAI responds to security researcher's departure: Cites violation of sensitive information, not targeting those who raised security concerns.
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Michael Saylor: The "gold rush" for digital assets will continue until 2035, and Strategy has no fixed BTC holding target.
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