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May 24th - The AI venture capital market has recently seen a surge in activity. In May, several domestic large-scale AI companies, including Lunar Dark Side and Leap Star, secured over 30 billion yuan in funding. Embodied Intelligence has also garnered market attention, with VitaPower and Lumin Robotics among those securing hundreds of millions of yuan in funding within a week. According to venture capital statistics, nearly 600 AI-related funding rounds occurred in the first quarter, totaling over 110 billion yuan, a year-on-year increase of 185.4%. Many AI startups are investing in three main areas after receiving funding: First, R&D, with leading large-scale AI companies typically investing billions of yuan in R&D by 2025, far exceeding their current revenue. Second, computing power, with GPU procurement and cloud service leasing accounting for 30% to 50% of the funding. Third, attracting top global talent and teams. Higher R&D investment leads to faster technological iteration. By 2026, the iteration cycle for Chinese large-scale AI companies has generally shortened to less than three months, and the cost of AI inference has significantly decreased, further deepening commercialization.According to Interfax news agency, Russia has launched strikes against Ukrainian military command facilities, air bases, and defense industrial enterprises. The strikes are a response to Kyivs attacks on Russian civilian targets.According to Saudi media outlet Alhadath, a senior source revealed that the next round of talks between the United States and Iran may be held on June 5. Both the US and Iran will send their chief representatives when negotiations begin to finalize a deal.According to RIA Novosti, the Russian Ministry of Defense stated that the Russian military launched a large-scale retaliatory strike against Ukraine, using Oreshnik, Iskander, Berkut, and Zircon missiles.The Ukrainian military stated that Ukraine attacked the oil loading and unloading terminal of the Taman oil and gas terminal in Russias Krasnodar Krai.