24-Hour AI News: Trillion-level investment and hundreds of billions of yuan in contracts go hand in hand, accelerating the AI industry chain both domestically and internationally.

In the past 24 hours (September 26th), domestically, there have been reports of new AI investments from large enterprises, city-level industry data, and major conferences. Overseas, there have been large-scale computing power contracts, cross-industry model collaborations, and the launch of industrial AI factories. To avoid duplication, we have excluded news previously reported on this channel within the past 72 hours (such as Stargate expansion, Nvidia's planned investment in OpenAI, and Qwen3-Max). Only key new developments have been included.

1. CoreWeave and OpenAI sign a new $6.5 billion contract, bringing the total annual revenue to $22.4 billion

1. On September 26, CoreWeave received a new order of US$6.5 billion from OpenAI for next-generation large-scale model training and reasoning.
2. In the same year, the three contracts totaled US$22.4 billion, boosting confidence in related infrastructure and supply chains against the trend.
3. The continued expansion of computing power contracts is seen as a prerequisite for future demand for higher-intensity training cycles and inference services.

2. JD.com announces three-year goal to drive a trillion-yuan AI ecosystem and upgrades its "JoyAI" system

1. At the conference on September 25, JD.com proposed to continue increasing its investment over the next three years to drive the formation of an artificial intelligence ecosystem with a scale of "trillions of yuan."
2. Upgrade the Exploration Research Institute at the organizational level and build joint laboratories with multiple universities to focus on embodied intelligence and supply chain applications.
3. Products and scenarios are released simultaneously to improve the entire chain of "infrastructure-model-platform-application-product".

Meta is reportedly evaluating the introduction of Google Gemini to enhance its advertising capabilities, with early discussions on the partnership.

1. According to media reports, Meta and Google are discussing the use of Gemini/Gemma to assist in advertising, but have not yet reached an agreement.
2. Meta said that this is a routine comparative evaluation process, there are disagreements in the reports, and it is still in the "to be confirmed" stage.
3. If implemented, it will break the traditional "self-research first" paradigm in the advertising field and trigger a new observation point for AI stack collaboration among major companies.

4. Beijing proposes to build a "first city for artificial intelligence" and releases several key data

1. As of now, Beijing has registered and launched 159 large models, leading the country in number.
2. There are more than 2,400 AI-related companies in the city, and the scale of core industries is nearly 350 billion yuan.
3. Achievements such as native multimodal world models and full-process AI platforms for scientific research have emerged in large numbers, forming a full-stack policy system of computing power, data, models, and applications.

5. Hitachi launches "AI Factory" based on NVIDIA reference architecture, targeting "physical AI"

1. On September 26, Hitachi announced the establishment of a global AI Factory, focusing on "physical world" scenarios such as industry, energy, and transportation.
2. It uses a combination of Blackwell architecture GPUs, HGX/RTX PRO, and Spectrum-X networks, emphasizing enterprise-level reasoning and agent-based applications.
3. As another implementation of "factory-based" AI computing power on the industrial side, it is expected to accelerate the deep coupling of OT (operational technology) and AI.

6. Dubai issues autonomous driving road test permits, and Pony.ai enters the Middle East for field testing

1. On September 26, the Dubai Roads and Transport Authority issued a road autonomous driving trial license to Pony.ai.
2. Following the cooperation framework, we will enter the "on-road" phase, paving the way for commercial deployment in the Middle East.
3. Urban roads and high-temperature scenarios in the Middle East will provide differentiated extreme operating condition data for autonomous driving systems.

7. Google Updates Gemini 2.5 Flash and Flash-Lite (Preview), Strengthening Command Compliance and Tool Invocation

1. Two preview models have been improved in quality, efficiency, and multimodal understanding, and are now available in AI Studio and Vertex AI.
2. Flash has significantly enhanced proxy tool calls, with SWE-Bench Verified increasing by approximately 5 percentage points.
3. Flash-Lite adds stronger command compliance and shorter response time, reducing costs and increasing efficiency in high-throughput and low-latency scenarios.

8. AICC 2025 Artificial Intelligence Computing Conference held in Beijing

1. It will open on September 26, with 1 main forum, 6 theme forums and a 3,000-square-meter innovative technology exhibition, focusing on the entire chain of "computing power-algorithm-application".
2. Industry, academia, research and application come together to focus on cutting-edge directions such as scientific intelligence, embodied intelligence, and intelligent driving.
3. As a city-level industrial activity, it will strengthen the agglomeration effect and application implementation of Beijing’s AI ecosystem.

9. my country attended the UN High-Level Launch Meeting of the Global Dialogue on Artificial Intelligence Governance and elaborated on its governance proposals

1. On September 25 (local time), China attended and delivered a speech in New York, proposing the principles of "sovereign equality, multilateralism, people-centeredness, and action-orientedness."
2. Reaffirm the progress of international cooperation under the “AI+” International Cooperation Initiative and the “Capacity Building and Inclusiveness Program”.
3. Emphasize the use of the United Nations as the primary channel to promote the formation of consensus on global governance frameworks and standards.

10. Shanghai discloses the latest progress of its AI industry: the scale will exceed 450 billion yuan in 2024, and the growth rate will continue to rise in the first half of this year

1. Information from the policy briefing on September 26 showed that the industry scale will exceed 450 billion yuan in 2024.
2. The year-on-year growth rate in the first half of this year exceeded double digits, and the phased goals of the "14th Five-Year Plan" were completed ahead of schedule.
3. Implement measures to reduce computing costs, expand application capacity, and corpus procurement to strengthen the "Shanghai Highland" industrial ecosystem.

Frequently Asked Questions (Q&A)

Q: How big is the new contract between CoreWeave and OpenAI? How much has it accumulated this year?

A: US$6.5 billion per contract; three contracts with OpenAI totaling approximately US$22.4 billion by 2025.

Q: Have Meta and Google reached an advertising partnership for Gemini?

A: Not yet. We're in the early stages of discussions, and reports are conflicting. Meta says this is standard review process, and no formal agreement has been reached.

Q: What are the key data of Beijing’s current AI industry?

A: 159 large models have been registered; there are more than 2,400 AI-related companies; the scale of core industries is nearly 350 billion yuan (all disclosed standards).

Q: What is the focus of Google’s updated Gemini model?

A: 2.5 Flash enhances proxy tool calls and code tasks (e.g., SWE-Bench Verified by approximately +5%). 2.5 Flash-Lite emphasizes instruction compliance, reduces redundancy, and improves multimodality and translation capabilities. It is available in preview form in AI Studio/Vertex.

Q: What are the highlights of AICC 2025?

A: 1 main forum + 6 theme forums + 3,000 square meters of exhibition area, focusing on computing power foundations, scientific intelligence and embodied intelligence, aiming to promote the coordinated implementation of technology, industry and application.