Thursday, August 27

Business & Finance

What happens when large language models become commodities? Competitive advantage moves from the model itself to the balance sheet behind it. AI is now reversing 20 years of technology economics, turning what was once a software business into a capital-intensive industry

Economy News

On August 20, Atour Lifestyle Holdings (NASDAQ:ATAT) held its second-quarter earnings call, and the numbers made clear why the stock has become one of the more closely watched Chinese consumer names this year. Net revenues jumped 41.4% year over year to RMB 3,490 million, with both the hotel and retail arms of the business accelerating…

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