IATA's head of fuel said demand has been disrupted; some passengers have canceled flights and some regional airports have experienced short-term jet fuel shortages.

Microsoft (MSFT.O) AI chief announced the launch of seven new AI models, adding image and transcription models to its product lineup.

Tethered AI-robotics firm Xingchen Intelligent and embodied‑brain service provider Xingyuan Zhi each disclosed financing that brings their cumulative funding above 1 billion yuan. Xingchen said it closed a Series B financing round with investors including Liangxi Sci‑Tech Industry Phase II parent fund (managed by Bohua Capital), Yangzhou Longtou Xinli, Zhongbo Juli and other state‑backed and leading financial investors, alongside industrial backers ThunderSoft and Kede Education; Huaxing Capital acted as exclusive financial adviser. Xingyuan Zhi, founded about 10 months ago, reported participation from leading financial investors, state capital and industry funds including Songhe Capital, Chuangdongfang, HuaKong Fund, CRRC Capital, Beigong Investment, Guojun Innovation Investment and Jiangxi Financial Holding, plus industrial investors AETek, Hengxing Group and Qi’an Investment; incumbent investor Yuansheng Venture Capital also increased its stake.