OPC

Zhibao Techno
2026-07-22 14:46:14

Zhibao Technology signs non-binding term sheet with Joyer Tech for 3,500-BTC PIPE financing

Nasdaq-listed Zhibao Technology (ticker: ZBAO) has signed a non-binding term sheet with JOYERTECH AND INFORMATION OPC for a planned PIPE financing tied to 3,500 Bitcoin, according to Odaily. The disclosure identifies the document as a non-binding term sheet, indicating the financing remains at a preliminary stage rather than a finalized transaction. The parties named in the report are Zhibao Technology and JOYERTECH AND INFORMATION OPC. No additional terms, pricing details, timeline, or binding commitments were disclosed in the source item. The update was published by Odaily as a homepage headline news brief.

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Zhibao Technology signs non-binding term sheet with Joyer Tech for 3,500-BTC PIPE financing
Beijing
2026-07-21 12:21:26

Beijing plans Token factory rollout in the second half of 2026

Beijing’s Municipal Bureau of Economy and Information Technology said the city’s digital economy value added grew 7.8% in the first half of the year, while value added from core digital economy industries rose 9.8%, making a notable contribution to overall GDP growth. Looking to the second half of 2026, the bureau said Beijing will advance annual tasks tied to building a benchmark digital economy city and push forward its “AI+” action plan. Among the measures outlined, Beijing plans to formulate policies for the development of the Token economy, focusing on production, distribution, and application. The city also plans to build a Token factory and a Token distribution platform, with intended use cases in sectors including industry, education, and culture and tourism. The bureau also said it will expand AI adoption in consumer-facing scenarios such as smart translation and simultaneous interpretation in the tourism and cultural consumption sector, while supporting OPC roadshows, AIGC training programs, and an open-source ecosystem built around “RISC-V+AI OS.”

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Beijing plans Token factory rollout in the second half of 2026
Cobo
2026-07-16 04:08:44

Cobo named an OPC Hub partner at Hong Kong Cyberport launch event

Cobo has been announced as a partner of OPC Hub at Hong Kong Cyberport’s first Web4.0 and Agent Innovation Summit, held alongside the hub’s launch ceremony in Hong Kong. The company was listed together with Alibaba Cloud, Amazon Web Services (AWS), NVIDIA, Dell, Lenovo and BytePlus as part of the partner lineup. According to the announcement carried by Odaily, Cobo will provide blockchain infrastructure support for entrepreneurs in the ecosystem. Its product offering for the initiative covers Agentic Wallet and stablecoin payments through Cobo Payments. The setup is intended to support developers building agent applications with on-chain payment capabilities. The update places Cobo within a broader group of technology partners tied to Cyberport’s OPC Hub initiative, with the focus of its role centered on wallet and payment infrastructure for AI agent-related use cases.

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Cobo named an OPC Hub partner at Hong Kong Cyberport launch event
Zhipu
2026-07-12 00:56:08

Zhipu shifts the story from coding to AGI as valuation pressure builds after lock-up expiry

Zhipu founder Tang Jie used a July 11 internal letter to steer attention away from coding revenue and toward long-horizon tasks, autonomous agents, self-evolving systems and AGI. The timing matters. It came just days after MiniMax’s post-unlock selloff and as Zhipu’s own market value slipped from above HK$1 trillion to HK$730 billion after its first batch of shares was unlocked on July 8. The MarsBit commentary argues that the letter was less about celebrating a strong run and more about defending Zhipu from being priced like a conventional SaaS or consumer AI application company. In that framework, investors focus on ARR, retention, growth rates and customer acquisition payback. For a company that benefited from the coding boom, that shift could narrow its valuation story. Instead, Tang presented a different frame. He highlighted long-horizon planning, agent systems, self-evolution and a two-year “Touch High” plan, while saying the company would not pursue short-term application monetization. The article says this is an attempt to move Zhipu’s valuation anchor toward the AGI peer group, where the question is not near-term revenue but how close a company is to a broader technological frontier.

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Zhipu shifts the story from coding to AGI as valuation pressure builds after lock-up expiry