
Tencent open-sources Hy4 Preview, a 770-billion-parameter model
Tencent released 'Hy4 Preview' as open source on August 28: 770 billion total parameters in a mixture-of-experts design, a context window past one million tokens, and a score that edges out GLM-5.3 and Kimi K3 in an internal blind evaluation.

SoftBank pursues majority stake in home humanoid maker 1X
SoftBank is in talks to acquire a majority stake in 1X Technologies, the Norwegian humanoid robot maker backed by OpenAI, The Information reports. A deal would value the startup at roughly $6 billion.

Z.ai Confirms It Built Ox Alpha, Reveals It as GLM-5.3-Flash
Z.ai has confirmed it built the anonymous 'Ox Alpha' model, revealing it as GLM-5.3-Flash — a model that runs without Nvidia chips and costs a fraction of Western rivals.

AI Manager Luna Fires a Human Employee in San Francisco
At Andon Market in San Francisco, the AI store manager Luna fired a human employee for the first time — after forgetting the attendance policy she had written herself months earlier.

Lovable raises $400M from Tencent, valuation hits $13.3B
Swedish vibe-coding startup Lovable has closed a $400 million round backed by Tencent, pushing its valuation to $13.3 billion. Apps built on the platform now draw more than 900 million visits a month.
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