但现实是，过去两年，原材料涨价时公司连成本都转嫁不出去。

1、星空官方 沉迷“保本”的国资投委会 在54号文出台之前，国资做股权投资的逻辑“看起来很美”。

如果阿森纳真的加入争夺，我会跟进告知。星空官方中锋和中卫两个位置落地后，阿莫林已经向管理层提交了下一阶段的引援清单。

2、中国羽毛球公开赛战报，0-2,0-2，中国选手连输两场，小将表现差

玩家看到的真相很直白：不是没有研发产能，而是厂商不愿把资源耗费在收益极低的老角色补全上。

3、随着郑钦文0-2无缘四强，诞生5个意想不到，球迷发出3个疑问

同时英超联赛的顶级平台与竞技水平也确实有着无与伦比的吸引力，让年轻球员趋之若鹜，英超有着更多的强队、更多的球星、更多的名帅以及实力少帅，同时在英超踢球往往也能更赚钱。

4、自研氢能催化剂关键材料，稳定性提升50%，「铂氢科技」完成数千万元Pre-A轮融资

简单统计之下，仅出现在聚光灯之下的就有十多人。

5、红土大三元、温网卫冕…本赛季辛纳还有望冲击哪些奖杯？

马丁内斯的球队进攻手段丰富，既能打阵地战，也能打快速反击，进攻多点开花，威胁点分散，让对手防不胜防。

今年一季度更是惊人，单季营收达到194.96亿元，同比增长超190%；归母净利润57.35亿元，同比增长262.28%，一个季度的利润就超过了2024年全年。

中际旭创凭借800G的先发优势和1.6T的前瞻布局，成为这场算力军备竞赛中最大的卖铲人。

6、王励勤也没想到，国乒一份参赛名单，竟意外暴露了马龙真实地位！

在这场荡气回肠的逆转之战中，39岁的梅西再次向世界展示了何谓“球王本色”，他不仅用一记助攻双响导演了这场史诗级翻盘，更将自己在本届世界杯的数据定格在8球4助攻、独造12球的恐怖级别。

2022年碳酸锂行情鼎盛阶段，天齐锂业全年经营活动现金流净额高达117.35亿元；2024年锂价深度回落，公司现金流骤降至41.92亿元；2025年，现金流进一步萎缩至21.93亿元。

7、情绪经济时代，主题公园如何让游客“活在IP里”？

此外，加大算力券等支持力度，鼓励有条件的区联合创新主体探索发放Token券、智能体服务券等加速智能体等推广应用。

拉斯帕尔马斯也希望签回这位表现出色的租将，但由于俱乐部与主席拉米雷斯关系恶化，谈判最终破裂。

8、知识密集型服务出口实现较快增长 “中国智慧”加速出海（大数据观察·中国服务）

他已提前一个月知会德佬，以便球队更快找到接班人。

数据不会说谎：C罗的总推进距离只有-5.7米，这与梅西158.7米的推进距离形成鲜明对比。

The crowded, snake-like queue at WAIC led to a single attraction: an AI guitar capable of "improvisational jamming." During the 2026 World Artificial Intelligence Conference (WAIC), the annual updated edition of the Tianpule AI Guitar made its public debut. Over the same period, Quwan Technology, the parent company behind the instrument, released the Tianpule Large Model V4.7, pushing music-focused foundation models toward a new frontier where they can "understand revision feedback." It was unmistakable to anyone on the floor that this year’s WAIC generated unprecedented buzz. Yet the AI industry itself, having weathered countless hype cycles and technical trends, is bidding farewell to the hollow "compute arms race." The commercial value of large models is finally being realized within vertical, domain-specific scenarios. Industry observers are increasingly turning their focus toward a path distinct from general-purpose large language models: vertical integration. Compared with tech giants basking in haloed reputations and star AI startups boasting eye-watering valuations, vertical AI developers have quietly stepped into the center stage of the AI era. Grounded in user scenarios and equipped with self-sustaining revenue capabilities, they have emerged as pragmatic, viable models for the industry. By anchoring its strategy strictly on AI music and AI voice, and extending those capabilities into AI hardware, Quwan Technology offers a compelling case study of this trajectory. Bidding Farewell to the Compute Arms Race: A New Narrative in Vertical AI Commercialization The standard competitive posture in the large-model arena has long been a classic arms race: parameter count, context window length, and multimodal capabilities served as explicit metrics of a company’s worth. By this year, however, this model of horizontal expansion has hit diminishing marginal returns. On one hand, general-purpose models suffer from worsening homogeneity, and products that rely solely on model API outputs struggle to build user stickiness. On the other hand, as AI penetrates deep into everyday life rather than acting merely as a productivity tool, technology must be embedded into concrete scenarios to solve real pain points. Quwan Technology abandoned the illusion of building a jack-of-all-trades general platform, choosing instead to double down on two vertical domains characterized by high emotional value and dense interaction: AI music and AI voice. Though operating in different tracks, their underlying logic is remarkably similar: humanity’s most natural, non-textual modes of expression have long been constrained by professional barriers, and both possess an inherent capacity to stretch from digital content into physical hardware. The foundation of Quwan’s AI music ecosystem is the proprietary Tianpule Large Model. Steering clear of open-source fine-tuning, Quwan built the model from scratch to optimize for real-time interaction, laying the groundwork for a conversational creative experience powered by AI agents. During WAIC 2026, Quwan rolled out Tianpule Large Model V4.7, making AI-generated music far easier to control and iterate upon. Across two evaluation frameworks, Meta Audiobox Aesthetics and SongEval, V4.7 earned high marks in metrics such as content enjoyment, memorability, and vocal clarity, while ranking in the top tier for musicality, coherence, and naturalness. V4.7 powers Tunee, Quwan’s conversational music creation agent. This "conversation as creation" interaction model represents a true breakthrough in its capacity for proactive co-creation. Moving beyond passive "one-click generation" tools, Tunee acts more like a patient, music-savvy collaborator. Since its official launch last September, Tunee’s official website has maintained over a million monthly visits, making it one of the fastest-growing breakout products in China’s AI agent space. What has truly commanded the industry's attention, however, is the Tianpule AI Guitar. As a pioneer in the global generative AI guitar category, it was the first to embed an AI music foundation model into a physical guitar, enabling people without musical training or theory knowledge to experience the joy of playing and composing music. At WAIC 2026, the new Tianpule AI Guitar placed heavy emphasis on its core feature introduced this year: "AI Improvisation." Users can generate personalized music directly on the instrument and jam along, drastically simplifying the complex journey from composition to performance. Coupled with features like AI score transcription and hum-to-song conversion, complete beginners can quickly begin playing and writing music. The industrial significance of the Tianpule AI Guitar extends far beyond consumer electronics. It frees generative AI from behind the glass screen, turning it into a physical object that can be touched, plucked, and felt through resonance. For professional musicians, it serves as a catalyst for inspiration; for novices, it is the first key to unlocking the world of music. As Jasper Jia, Vice President of Quwan Technology, put it: only when ordinary people can use music to express emotions and document their lives as naturally as taking a photo or shooting a video will music truly become an inclusive medium for creation. The physical medium of the guitar allows AI music to step outside smartphones and laptops, truly weaving itself into everyday life. Quwan Technology’s vertical integration has constructed more than just a tech flywheel—where the model grants intelligence to the application, and the application breathes fresh experiences into the hardware. Simultaneously, the hardware feeds real-world user interaction data back into the model, establishing a system-level moat. In truth, AI has already made creation ubiquitous. But how to make good content visible, scalable, and profitable has become the stark reality facing the second half of the AIGC race. Quwan Technology’s answer to that reality is AI voice. In recent years, the overseas expansion of Chinese film and television productions has accelerated rapidly. Dubbing and localization, however, have remained a persistent industry pain point. High quality, high efficiency, and low cost form a classic impossible trinity. Against this backdrop, Quwan Technology collaborated with The Chinese University of Hong Kong, Shenzhen, to develop the MaskGCT voice foundation model. On October 24, 2024, MaskGCT was officially open-sourced to the world via the Amphion framework. Across multiple text-to-speech (TTS) benchmark datasets, MaskGCT achieved state-of-the-art (SOTA) performance, even outperforming human baselines on select metrics. All Voice Lab (Quwan Qianyin) represents the commercial application built atop the MaskGCT model. As a one-stop video translation and AI dubbing platform, All Voice Lab slashes AI translation and dubbing costs by 90% compared with traditional human labor while boosting speed more than 50-fold, handling a monthly translation volume of up to 500,000 minutes (roughly 5,000 drama episodes). Since its launch, All Voice Lab has assisted over 100 film, TV, and animation clients in solving localization hurdles. It processes nearly 10,000 short drama episodes per month across single languages for overseas markets, reaching over 30 countries and regions globally and helping clients boost monthly YouTube channel revenue by 10% to 30%. Driven twin-engine style by AI music and AI voice, Quwan Technology is transitioning into a "new infrastructure" provider for the entertainment industry. It proves that vertical AI companies do not need to serve everyone; by achieving excellence within targeted vertical domains, they can unearth vast commercial value. From Mobile Voice to AI Creation: Quwan’s 12-Year Evolution of "Interest" The first half of Quwan Technology's journey followed a textbook mobile internet success story. Its flagship product, TT Voice, evolved from a simple voice tool designed to help gamers find teammates into an interest-based social platform boasting over 200 million registered users. When the AI wave swept the globe, the company pivoted proactively, laying early groundwork in AI as far back as 2021 to secure its current position as a leader in AI entertainment. The essence of the company’s 12-year evolution represents a strategic leap from "connecting interests" to "creating interests." Yet the underlying logic running through it all has always been a focus on "interest" and a "human-centric" philosophy. For instance, TT Voice’s early positioning was remarkably simple—a "gaming walkie-talkie." But what fundamentally transformed founder Song Ke's understanding of the product’s value was the spontaneous behavior of its users. He noticed that many users did not leave the voice rooms after finishing their games; instead, they stayed to sing, chat, and share their lives. He realized then that while the platform ostensibly solved an efficiency problem ("how to play games better"), it was actually fulfilling an emotional need ("how to connect better with people"). Grounded in this insight, TT Voice quickly evolved from a tool into a community. Beyond gaming matchmaking rooms, it rolled out diverse interest spaces including singing rooms, chat rooms, and audio-visual rooms. In cultivating the social space, Quwan Technology identified an emerging industry trend: the new generation of users was no longer satisfied with merely consuming content; they craved autonomous creation and self-expression. This was no mere hypothesis. On the TT Voice platform, users were already looking beyond finding gaming buddies—they were singing in voice rooms, sharing life moments in chat rooms, and expressing themselves in communities. As AI technology matured, these deeper desires could finally become reality. In the past, completing a song—from lyrics and composition to arrangement, mixing, and recording—demanded specialized skills at every step. Many possessed creative sparks or deep emotions but struggled to translate the melodies in their heads into finished works. In 2024, the team set out from scratch to build "Tianpule," a multimodal music generation model, choosing a self-developed path distinct from open-source fine-tuning. In the AI voice domain, Quwan partnered with CUHK-Shenzhen to open-source the MaskGCT voice model. Quwan develops both AI music and AI voice; it launches AI hardware while maintaining an interest-based social platform with over 200 million registered users. While its business scope appears broad, it is built upon a single, continuously expanding set of core AI interaction capabilities. Across its distinct business lines, Quwan serves diverse sectors—music creation, content globalization, public services, and social networking. From an architectural standpoint, however, they all draw from the same underlying AI interaction capability. Looking back at Quwan Technology's 12-year trajectory, a clear thread emerges: the first half was about "connecting interests"—using interest communities to bring together young people seeking belonging; the second half is about "creating interests"—using AI to lower creative barriers so anyone can convert ideas into digital assets and passion into sustainable expression. Sustaining this arc is not the pursuit of tech trends, but an unwavering understanding of "interest" and "people." Whether with TT Voice or AI music, Quwan’s ethos places user insight ahead of technical R&D. This product philosophy—starting with the human element and designing backward from the ultimate user goal—ensures that technical iterations always revolve around real-world scenarios rather than descending into pure technical rivalry. Moving from "connecting interests" to "creating interests" is not only Quwan Technology’s internal evolution, but also an answer to how technology can truly serve human beings. No matter how technology changes, the essence of business remains constant: to understand people, serve people, and empower people. Conclusion Twelve years ago, Quwan Technology answered one question: How do you help people who love playing games find one another? Twelve years later, it is answering another: How can every ordinary person be given the chance to create their own work and express their unique passions? While the industry remains locked in fierce rivalry over conventional paths—whether single-point tools or general-purpose platforms—Quwan Technology has used vertical integration as an anchor to build a closed-loop "Model-Application-Hardware" ecosystem across AI music and AI voice. This is a direct response to the true nature of AI commercialization: technology can only weave itself into the fabric of everyday life and form a sustainable business model when it penetrates all the way through foundational algorithms, intermediary interactions, and physical hardware devices. (This article was first published on the TMTPost App; author | Li Chengcheng)消费动态 耐克将终止滔搏、宝胜国际在中国内地的线上授权 7月22日，Nike在中国的两家主力经销商：滔搏、宝胜国际发布公告确认，2027年1月1日起，将全面终止 NIKE产品在中国内地线上平台的销售。

9、广东南雄千万捐款建宗祠，一年变危房：三人已被批捕

如今来到2026年，马竞不仅延续了这一传统，更实现了人数的“断层式”领先。

在汽车业务之外，储能毛利率暴跌也需要单独看。

10、清华上学的柯洁录综艺 与郭德纲儿子跨次元合作

北方华创自己的七星华创流量计公司，前身是国营700厂的一个攻关小组，四十年前就做出了国内第一台气体质量流量控制器。

开业那天正好赶上中秋节，按理说，是一年里最好卖的几天。

1、CBA赛季罚单排名出炉！洛夫顿告别上海队，陈林坚手术取钢板

2020年首发800G，比行业整体进度领先了近一年。

2、知名主持人敬一丹被传离世，知情人曝最新状况：脑出血还在抢救中

另外还有几名值得关注的年轻球员，包括卡马尔达、西塞和科莫托，他们上赛季在莱切、卡坦扎罗、斯佩齐亚都得到了锻炼，新赛季有机会成为一线队的一员。

3、久疏战阵所以状态不佳？篮网28号秀夏季联赛首战的表现惨不忍睹？

” 迪马基一遍又一遍听到同样的回复。重庆黔江区一地发生危岩垮塌，巨石掉落阻断道路，当地：影响范围内的群众已转移他和拉马尔一样独一无二，我们必须90分钟全程保持警惕。

4、山东泰山4球大胜上海申花，卡扎伊什维利无私助克雷桑戴帽

但这种乐观并未能扭转市场的悲观情绪。

5、“外卖诗人”王计兵获鲁迅文学奖，20万字手稿曾被父亲烧光

商界天团 世界杯决赛后，一张大合影在中国网络传开。

6、三分命中率57%换不来续约！35分钟豪掷2.6亿，功臣班底却一个不留

转型的尽头，可能是又一次被“毕业”。

他在意甲第5轮对阵博洛尼亚的比赛中早早斩获个人意甲处子球，随后的12场比赛作为轮换登场没有贡献进球和助攻。

与此同时，滔搏也在加码数字化能力。

7、2米03！2米11！男篮16岁前锋模版小瓦格纳，未来或有望冲击NBA

这段特殊的历史，让乌拉圭成为了世界杯历史上唯一因奥运冠军而获准“加星”的球队，这份殊荣空前，也大概率绝后。

现金流表不会说谎：当一项几乎零成本的收入从结构性存在变成结构性消失，利润与现金的同步萎缩就难以避免。

8、三大主力在训练中受伤！痴迷8人轮换！梦回MVP赛季也顶不住啊

但如果我要做一个手机，原料厂商不可能比手机厂商有优势。

【加纳：蹲坑防反不容小觑】 如果说克罗地亚代表的是传控流派，那加纳则完美诠释了现代足球的另一种极端——“蹲坑与超跑”。

7月22日晚间，超卓航科（688237.SH）披露控制权变更公告，实控人李光平、王春晓、李羿含一家三口与太洋科技签下股份转让协议，以每股42.80元的价格合计转让26.58%的公司股份，交易总价约10.20亿元。

断球后利用达瓦萨里和布赖坎的速度打身后反击，定位球和远射是主要的得分手段。