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Technology

Exclusive丨Tsinghua team started a business to make AI glasses and won the seed round of traditional glasses manufacturers

The founding team of Qingmu are all from Tsinghua University, and their backgrounds include XREAL, Honor, Alibaba, etc. Author丨Huang Yanbing Editor丨Yao Dan Leifeng.com·Jingxi has exclusively learned that smart glasses startup Shenzhen Qingmu Digital Technology Co., Ltd. (hereinafter referred to as Qingmu Digital) has completed a seed round of financing. The investor is Nanjing Shike, and angel round financing is in progress. Qingmu Digital's first product is positioned in the workplace and office scenes. It adopts a binocular dual-waveguide display, a multi-microphone array, and a dual-speaker sound guide solution. It has no camera and the whole machine weighs 31.7 grams. At present, the hardware solution has been finalized and the engineering prototype has been completed. It has entered the EVT stage, the first version of the circuit board is lit, and the App closed-loop demo is running. Qingmu Digital was founded in November 2025. The founding team are all from Tsinghua University. Their resumes cover companies such as XREAL, Honor and Alibaba, covering the entire chain of optical design, hardware mass production and consumer business operations. Founder and CEO Li Long received a master's degree from Tsinghua University and was one of the first domestic AR glasses practitioners. After joining XREAL in 2019, he has personally experienced the iteration and mass production of three generations of AR glasses, creating the third generation XREAL Air, which ranks first in domestic shipments. In 2022, he joined Honor as a smart glasses system engineer (SE), and has successively led the viewing glasses of Honor and XREAL, as well as the MR glasses pre-research project benchmarking Apple Vision Pro, covering product definition, research and development promotion to final acceptance. The other two co-founders complemented their experience in optical technology and consumer hardware respectively. Xiao Jiasheng is a Ph.D. from Tsinghua University and has published more than 20 papers and holds more than 30 optical-related patents; Cao Zilan is a master's degree from Tsinghua University. As a former Alibaba senior operations expert, he has completely operated consumer hardware such as Tmall Magic Box from 0

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Finance

Edge AI Daily Morning News (November 11)

Anthropic is targeting Nasdaq (code ANT) by issuing 825 million shares at a price of US$70-78, including a US$26 billion private placement of seven chip and cloud giants, with a fundraising cap of approximately US$90 billion and a valuation of US$2 trillion. The U.S. dollar has retreated to the range of 1.2 trillion to 1.3 trillion U.S. dollars; the prospectus shows that the revenue in the first nine months was 33.2 billion U.S. dollars, and the net loss was 104 billion U.S. dollars. The 895.4 billion U.S. dollars of computing power commitment and the Q3 computing power cost accounting for 58% of revenue constitute a core contradiction. Fable 5.2 and Mythos 5.2 were released at the same time. A thousand-level agent built a bootable operating system from scratch in 8 days, completed the formalization of Fermat's last theorem in 30 hours, and the API price was reduced by 20%. Google launches TPUs four times a year and expands distribution with Gemini Intelligence. Meta uses Muse Ember to push competition to unit task costs. OpenAI acquires travel agency Odessia to build a closed-loop service. New York and Australia are simultaneously promoting mandatory AI regulation.

钛媒体
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Finance

Hong Kong IPOs Stall as Issuers Pull Deals at the Last Step

Companies that had cleared hearings and opened books are delaying listings, citing market conditions. Fresh first filings have gone quiet even as a long queue remains. Weak secondary demand, not a shortage of applicants, is resetting the calendar.

钛媒体
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Business

Morning Post | Huawei's small foldable computer MateBook Fold S debuts/"GTA VI" starts preloading, targeting 30fps on all platforms/Dong Mingzhu responds to Gree's declining performance: Copper prices are rising, Gree will continue to use copper

· Li Bin: Weilai ES9 will usher in the delivery of the 40,000th unit · TSMC’s revenue in October hit a new monthly high this year, a year-on-year increase of nearly 60% · The CEO of the Audi-SAIC cooperation project said that AUDI will launch three new cars in the next three years # Welcome to follow the official WeChat public account of Aifaner: Aifaner (WeChat ID: ifanr), and more exciting content will be provided to you as soon as possible.

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Finance

[Titanium Morning News] Li Qiang signed a State Council order and announced the revised "Foundation Management Regulations"; Alibaba plans to spin off Pingtou Ge and independently list in Hong Kong; Anthropic's IPO pricing range has been determined, and the target market value is about US$1 trillion, lower than expected

iMoutai will gradually shift from a "snap-up" mode to daily sales; TSMC has approved a capital budget of US$40.9 billion for long-term capacity expansion; Huawei's new storage system is about to launch commercial trials; Jia Guolong pledged Xibei's equity, with the equity amount exceeding 26.6 million; NVIDIA and Huang Jen-Hsun were subject to shareholder class actions; National Development and Reform Commission: Increase the supply of general high school and higher education degrees through multiple channels; reduce the leakage of personal information, and the first batch of 700 dedicated code service pilots were approved.

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