Doubao has launched a student discount for enrolled university students. After student verification, users receive a 2.5x free usage quota; verified students can subscribe to the Pro standard monthly plan at a discounted 38 yuan/month (regular 68 yuan/month).

US July seasonally adjusted CPI m/m (prior -0.4%; consensus +0.1%): forecasts cluster at +0.1%. A minority expect 0.0% (Capital Economics, Citi, Mizuho). Several banks and houses project +0.2% (including Deutsche Bank, ING, BNP Paribas, Barclays, UBS); Jefferies is the highest at +0.3%. US July seasonally adjusted core CPI m/m (prior +0.0%; consensus +0.2%): the bulk of institutions forecast +0.2%. A few expect +0.1% (Mizuho, Sparta Capital); Deutsche Bank, Moody's Analytics and Scotiabank are at +0.3%.

Cambricon said accelerating large-model technology is driving sustained growth in intelligent-computing demand and will continue to focus on AI chip design innovation to bolster competitiveness, expand market share and accelerate scenario deployment. For internet customers it is prioritizing large models, multimodal and search/recommendation applications, and is optimizing compute performance, communication efficiency and framework capabilities to improve integrated performance in typical internet workloads. The company said 1H2026 hardware work includes a new-generation processor microarchitecture and instruction set under development, with optimizations targeting large-model training and inference and aiming to improve programmability, ease of use, performance, power consumption and silicon area.