Google (GOOG.O) shares fell more than 4% intraday on Thursday after reports said the company delayed the release of flagship AI model Gemini 3.5 Pro, with the model’s coding capabilities reportedly falling short of internal expectations. Google unveiled Gemini 3.5 Pro as internal-use only at its May I/O developer conference. CNBC cited a company spokesperson saying Google is rapidly rolling out multiple models while keeping cost-efficiency, is testing 3.5 Pro—described as an upgraded Flash model

Northern Rare Earth has commissioned a mass-production demonstration line for rare-earth magnetostrictive materials, marking what the company describes as a key breakthrough in scaling manufacture of high-end magnetostrictive products. The firm says the capability will accelerate the rare-earth industry’s shift from raw-material supply into high-end applications including aerospace, deep-sea exploration and precision braking.

The NDRC, Ministry of Natural Resources and Ministry of Water Resources issued an Action Plan targeting national seawater desalination capacity of at least 4.5 mln t/d by 2030, with 1.5 mln t/d of new capacity—1.3 mln t/d for coastal cities and 0.2 mln t/d for islands. The plan prioritizes strengthening urban emergency and island water-supply resilience, raising desalinated-water use in coastal industrial parks, overcoming key materials and equipment technology bottlenecks, establishing a basic full-chain core technology system, and materially improving industry digitalization, greenness and international competitiveness.