DeepSeek is reportedly nearing completion of its second round of financing, raising approximately 100 billion yuan, with a pre-investment valuation of around 500 billion yuan; Meta released the Muse Wonder series, achieving a smart index of 56 points with AA max configuration. Microsoft announced the Maia 300, planning for deployment in 2027, and AMD unveiled its intelligent agent rack roadmap. Domestically, attention is focused on Zhipu Legal Model, Wuwenxinqiong's 2.3 billion yuan financing, and Shanghai's goal of bringing humanoid robots into factories. Model Pulse has added a new evaluation of code mergeability and is tracking the latest daily usage rebound of Step 5.