至7月22日收盘累计涨幅超22倍，公司也以1888.08元的股价位列A股股王之位。

1、乐鱼登录 Cricut 2025 年年报显示，截至年底，公司有接近 590 万年度活跃用户、约 370 万 90 天活跃用户；公司还在财报中说明，持续创作会带来配件和材料的重复购买。

当41岁的C罗遇上40岁的莫德里奇，这很可能是两位金球奖得主在世界杯舞台上的最后一次对决。乐鱼登录《零售圈》此前在一线市场调研时发现、每一天、唐久、美宜佳等中国本土便利店纷纷加码餐饮，“一日五餐”等理念的门店践行，也折射出便利店面对行业承压求变的积极探索，再加上7-Eleven加码新鲜零食，可以看到，便利店在接下来的竞争中，核心将不再是“便利”和“快”，而是“鲜”和“体验”。

2、韩国向中国赠还一对清代石狮，中方：高度赞赏，中韩历史上都曾遭受日本军国主义侵略，都曾经历文物流失的伤痛

卡尔迪纳莱最近亲赴德国与格拉斯纳进行了长达6小时的促膝长谈，这名水晶宫主帅对执教米兰非常心动。

3、这辆20万英里的雷克萨斯GX470，无底价开拍了

AI宠物兼具高频交互、情感粘性和社交传播三大属性，且避开了人形机器人高昂的研发投入和不确定的商业化路径，可以说是非常完美的载体之一。

4、118k英里E46 M3：涡轮加持超600马力，2019年浴火重生的拉古纳塞卡蓝

The crowded, snake-like queue at WAIC led to a single attraction: an AI guitar capable of "improvisational jamming." During the 2026 World Artificial Intelligence Conference (WAIC), the annual updated edition of the Tianpule AI Guitar made its public debut. Over the same period, Quwan Technology, the parent company behind the instrument, released the Tianpule Large Model V4.7, pushing music-focused foundation models toward a new frontier where they can "understand revision feedback." It was unmistakable to anyone on the floor that this year’s WAIC generated unprecedented buzz. Yet the AI industry itself, having weathered countless hype cycles and technical trends, is bidding farewell to the hollow "compute arms race." The commercial value of large models is finally being realized within vertical, domain-specific scenarios. Industry observers are increasingly turning their focus toward a path distinct from general-purpose large language models: vertical integration. Compared with tech giants basking in haloed reputations and star AI startups boasting eye-watering valuations, vertical AI developers have quietly stepped into the center stage of the AI era. Grounded in user scenarios and equipped with self-sustaining revenue capabilities, they have emerged as pragmatic, viable models for the industry. By anchoring its strategy strictly on AI music and AI voice, and extending those capabilities into AI hardware, Quwan Technology offers a compelling case study of this trajectory. Bidding Farewell to the Compute Arms Race: A New Narrative in Vertical AI Commercialization The standard competitive posture in the large-model arena has long been a classic arms race: parameter count, context window length, and multimodal capabilities served as explicit metrics of a company’s worth. By this year, however, this model of horizontal expansion has hit diminishing marginal returns. On one hand, general-purpose models suffer from worsening homogeneity, and products that rely solely on model API outputs struggle to build user stickiness. On the other hand, as AI penetrates deep into everyday life rather than acting merely as a productivity tool, technology must be embedded into concrete scenarios to solve real pain points. Quwan Technology abandoned the illusion of building a jack-of-all-trades general platform, choosing instead to double down on two vertical domains characterized by high emotional value and dense interaction: AI music and AI voice. Though operating in different tracks, their underlying logic is remarkably similar: humanity’s most natural, non-textual modes of expression have long been constrained by professional barriers, and both possess an inherent capacity to stretch from digital content into physical hardware. The foundation of Quwan’s AI music ecosystem is the proprietary Tianpule Large Model. Steering clear of open-source fine-tuning, Quwan built the model from scratch to optimize for real-time interaction, laying the groundwork for a conversational creative experience powered by AI agents. During WAIC 2026, Quwan rolled out Tianpule Large Model V4.7, making AI-generated music far easier to control and iterate upon. Across two evaluation frameworks, Meta Audiobox Aesthetics and SongEval, V4.7 earned high marks in metrics such as content enjoyment, memorability, and vocal clarity, while ranking in the top tier for musicality, coherence, and naturalness. V4.7 powers Tunee, Quwan’s conversational music creation agent. This "conversation as creation" interaction model represents a true breakthrough in its capacity for proactive co-creation. Moving beyond passive "one-click generation" tools, Tunee acts more like a patient, music-savvy collaborator. Since its official launch last September, Tunee’s official website has maintained over a million monthly visits, making it one of the fastest-growing breakout products in China’s AI agent space. What has truly commanded the industry's attention, however, is the Tianpule AI Guitar. As a pioneer in the global generative AI guitar category, it was the first to embed an AI music foundation model into a physical guitar, enabling people without musical training or theory knowledge to experience the joy of playing and composing music. At WAIC 2026, the new Tianpule AI Guitar placed heavy emphasis on its core feature introduced this year: "AI Improvisation." Users can generate personalized music directly on the instrument and jam along, drastically simplifying the complex journey from composition to performance. Coupled with features like AI score transcription and hum-to-song conversion, complete beginners can quickly begin playing and writing music. The industrial significance of the Tianpule AI Guitar extends far beyond consumer electronics. It frees generative AI from behind the glass screen, turning it into a physical object that can be touched, plucked, and felt through resonance. For professional musicians, it serves as a catalyst for inspiration; for novices, it is the first key to unlocking the world of music. As Jasper Jia, Vice President of Quwan Technology, put it: only when ordinary people can use music to express emotions and document their lives as naturally as taking a photo or shooting a video will music truly become an inclusive medium for creation. The physical medium of the guitar allows AI music to step outside smartphones and laptops, truly weaving itself into everyday life. Quwan Technology’s vertical integration has constructed more than just a tech flywheel—where the model grants intelligence to the application, and the application breathes fresh experiences into the hardware. Simultaneously, the hardware feeds real-world user interaction data back into the model, establishing a system-level moat. In truth, AI has already made creation ubiquitous. But how to make good content visible, scalable, and profitable has become the stark reality facing the second half of the AIGC race. Quwan Technology’s answer to that reality is AI voice. In recent years, the overseas expansion of Chinese film and television productions has accelerated rapidly. Dubbing and localization, however, have remained a persistent industry pain point. High quality, high efficiency, and low cost form a classic impossible trinity. Against this backdrop, Quwan Technology collaborated with The Chinese University of Hong Kong, Shenzhen, to develop the MaskGCT voice foundation model. On October 24, 2024, MaskGCT was officially open-sourced to the world via the Amphion framework. Across multiple text-to-speech (TTS) benchmark datasets, MaskGCT achieved state-of-the-art (SOTA) performance, even outperforming human baselines on select metrics. All Voice Lab (Quwan Qianyin) represents the commercial application built atop the MaskGCT model. As a one-stop video translation and AI dubbing platform, All Voice Lab slashes AI translation and dubbing costs by 90% compared with traditional human labor while boosting speed more than 50-fold, handling a monthly translation volume of up to 500,000 minutes (roughly 5,000 drama episodes). Since its launch, All Voice Lab has assisted over 100 film, TV, and animation clients in solving localization hurdles. It processes nearly 10,000 short drama episodes per month across single languages for overseas markets, reaching over 30 countries and regions globally and helping clients boost monthly YouTube channel revenue by 10% to 30%. Driven twin-engine style by AI music and AI voice, Quwan Technology is transitioning into a "new infrastructure" provider for the entertainment industry. It proves that vertical AI companies do not need to serve everyone; by achieving excellence within targeted vertical domains, they can unearth vast commercial value. From Mobile Voice to AI Creation: Quwan’s 12-Year Evolution of "Interest" The first half of Quwan Technology's journey followed a textbook mobile internet success story. Its flagship product, TT Voice, evolved from a simple voice tool designed to help gamers find teammates into an interest-based social platform boasting over 200 million registered users. When the AI wave swept the globe, the company pivoted proactively, laying early groundwork in AI as far back as 2021 to secure its current position as a leader in AI entertainment. The essence of the company’s 12-year evolution represents a strategic leap from "connecting interests" to "creating interests." Yet the underlying logic running through it all has always been a focus on "interest" and a "human-centric" philosophy. For instance, TT Voice’s early positioning was remarkably simple—a "gaming walkie-talkie." But what fundamentally transformed founder Song Ke's understanding of the product’s value was the spontaneous behavior of its users. He noticed that many users did not leave the voice rooms after finishing their games; instead, they stayed to sing, chat, and share their lives. He realized then that while the platform ostensibly solved an efficiency problem ("how to play games better"), it was actually fulfilling an emotional need ("how to connect better with people"). Grounded in this insight, TT Voice quickly evolved from a tool into a community. Beyond gaming matchmaking rooms, it rolled out diverse interest spaces including singing rooms, chat rooms, and audio-visual rooms. In cultivating the social space, Quwan Technology identified an emerging industry trend: the new generation of users was no longer satisfied with merely consuming content; they craved autonomous creation and self-expression. This was no mere hypothesis. On the TT Voice platform, users were already looking beyond finding gaming buddies—they were singing in voice rooms, sharing life moments in chat rooms, and expressing themselves in communities. As AI technology matured, these deeper desires could finally become reality. In the past, completing a song—from lyrics and composition to arrangement, mixing, and recording—demanded specialized skills at every step. Many possessed creative sparks or deep emotions but struggled to translate the melodies in their heads into finished works. In 2024, the team set out from scratch to build "Tianpule," a multimodal music generation model, choosing a self-developed path distinct from open-source fine-tuning. In the AI voice domain, Quwan partnered with CUHK-Shenzhen to open-source the MaskGCT voice model. Quwan develops both AI music and AI voice; it launches AI hardware while maintaining an interest-based social platform with over 200 million registered users. While its business scope appears broad, it is built upon a single, continuously expanding set of core AI interaction capabilities. Across its distinct business lines, Quwan serves diverse sectors—music creation, content globalization, public services, and social networking. From an architectural standpoint, however, they all draw from the same underlying AI interaction capability. Looking back at Quwan Technology's 12-year trajectory, a clear thread emerges: the first half was about "connecting interests"—using interest communities to bring together young people seeking belonging; the second half is about "creating interests"—using AI to lower creative barriers so anyone can convert ideas into digital assets and passion into sustainable expression. Sustaining this arc is not the pursuit of tech trends, but an unwavering understanding of "interest" and "people." Whether with TT Voice or AI music, Quwan’s ethos places user insight ahead of technical R&D. This product philosophy—starting with the human element and designing backward from the ultimate user goal—ensures that technical iterations always revolve around real-world scenarios rather than descending into pure technical rivalry. Moving from "connecting interests" to "creating interests" is not only Quwan Technology’s internal evolution, but also an answer to how technology can truly serve human beings. No matter how technology changes, the essence of business remains constant: to understand people, serve people, and empower people. Conclusion Twelve years ago, Quwan Technology answered one question: How do you help people who love playing games find one another? Twelve years later, it is answering another: How can every ordinary person be given the chance to create their own work and express their unique passions? While the industry remains locked in fierce rivalry over conventional paths—whether single-point tools or general-purpose platforms—Quwan Technology has used vertical integration as an anchor to build a closed-loop "Model-Application-Hardware" ecosystem across AI music and AI voice. This is a direct response to the true nature of AI commercialization: technology can only weave itself into the fabric of everyday life and form a sustainable business model when it penetrates all the way through foundational algorithms, intermediary interactions, and physical hardware devices. (This article was first published on the TMTPost App; author | Li Chengcheng)消费动态 耐克将终止滔搏、宝胜国际在中国内地的线上授权 7月22日，Nike在中国的两家主力经销商：滔搏、宝胜国际发布公告确认，2027年1月1日起，将全面终止 NIKE产品在中国内地线上平台的销售。

5、曾经只有中甲水平的他！加盟英博后却被李国旭激活，还入选了国足

周一已归队参加季前训练的特尔施特根，正在等待巴萨的最终许可，随后便将前往阿姆斯特丹完成各项手续，正式成为阿贾克斯的一员。

但全球DRAM格局稳定，谁的份额都难大变，更没有国产替代叙事可讲。

但刚刚结束的赛季，莱奥的个人数据出现明显下滑：31次出场仅打入10球、送出3次助攻，直接参与进球总数只有13粒，是他自20/21赛季以来的单赛季最差表现。

6、韩国“最贵离婚案”宣判背后：AI牛市搅动，财阀股权格局受挑战

想要跳出当下的困局，最直观的思路，就是在保留乙游核心优势的前提下，做玩法融合升级，比如乙游+换装，或是融入探索、解谜、轻养成等多元内容，既能补齐长期薄弱的游戏性，也能开辟全新、合规的内容与氪金维度。

前者需要快速处理大量上下文，后者更看重持续输出和低延迟。

7、中央5台直播世界杯时间表：明天7月10日CCTV5直播，法国PK摩洛哥

无论最终谁能挺进决赛，这场矛盾大战都将成为本届世界杯最经典的篇章。

2025年美国市场销售额接近70亿元，远超预期，公司已经在洛杉矶设立了美国区域总部，计划2026年门店破百家，还要开纽约第五大道旗舰店。

8、加拿大1-1战平波黑，戴维首发表现平平，穆哈雷莫维奇获好评

不过挪威的防线也暴露了问题，被伊拉克仅有的一次射正就头球破门，防空和转身速度存在隐患。

首波口碑塌了，在这个高度集中的市场里，翻盘的概率约等于零。

若帕夫洛维奇也离队，左中卫位置的引援顺位将大幅提前。

9、冠军+2！吕玉飞、游紫涵斩获省运会冠军

据都灵方面的消息人士透露，由于马丁内斯交易迟迟无法推进，尤文预计将很快向热刺发出新一轮正式询价。

尽管在队内射手榜上暂以5球落后于哈里凯恩，但贝林厄姆在攻防两端的全面表现，让他再次跻身世界顶级中场行列。

10、碾压萨默维尔！曼联瞄准 6000 万世界杯巨星！卡里克捡漏封神

职业生涯末期的魔笛面临四种选择，拉比奥特对那不勒斯心向往之，米兰要价2000万欧元，福法纳去意已决，市场价2500万欧元。

此外，球队将在8月8日参加弗留利-威尼斯朱利亚杯三角赛，对阵乌迪内斯和诺丁汉森林。

1、新赛季中超首位下课主帅诞生！升班马4连败后换帅，徐正源或回归

此次接手国家队，对这位传奇球星而言，既是信任，也是一次全新的严峻考验。

2、ICC官宣2027年世界测试锦标赛决赛定址伦敦椭圆球场，恰逢板球测试150周年

从一组数据来看，米兰本赛季在没有头号球星在场的情况下甚至做得更好。

3、广州大闹车站女子已社死：正脸曝光，撒泼画面流出，拘留只是开始

肢体语言专家达伦·斯坦顿在接受OLBG采访时指出，这样的言语来往，在英格兰即将与阿根廷争夺决赛席位的大背景下，可能引发更严重的后果。对克拉克恶意腰部犯规，狂热大胜夜米勒收联盟第四张技犯面临千元罚单莫德里奇原本是打算随队再踢1年，前提条件是能够参加下赛季欧冠。

4、广东揭阳一村民当街杀害村支书！

用户不再需要跳转、不再浏览页面、不再观看广告，意味着建立在日活与停留时长之上的万亿级流量生态即将分崩离析。

5、无锡马的商业上限，被涨价的酒店锁死了吗？

有人适合去大厂镀金，有人适合在小地方练全活。

6、站着死！佛得角两度落后两度扳平 加时2比3阿根廷止步世界杯32强

“Here we go！”当这句标志性的转会暗号再次响彻足坛，安菲尔德的夜空注定被点亮。

"我从小穿着英格兰球衣长大，有幸代表英格兰出战，这份情感纽带永远非常强烈。

意甲收官战结束后，米兰老板卡迪纳莱火速炒掉了主教练阿莱格里、体育总监塔雷、CEO富拉尼和技术总监蒙卡达。

7、活力中国调研行｜热评：“把价格打下来”的底气，是手握核心技术的硬气

回到产业最朴素的起点，眼下能够真正落地的，不是给健康的人们增加超能力，而是帮助瘫痪、渐冻症、失语症与中风患者恢复运动与交流能力。

市场普遍预计全年碳酸锂中枢将在12至16万元/吨区间。

8、状元门多萨落笔签5727万后，首轮只剩第13顺位辛普森待签

非洲劲旅采用4-2-3-1阵型，主打防守反击。

对于西班牙队而言，这场胜利不仅是对球队实力的肯定，更是对球队韧性的最好诠释。

资本市场正在等待“脑机接口第一股”，但对于这个行业而言，比上市更重要的，仍是让更多患者真正用上产品。

2019年出任北方华创董事长的赵晋荣，曾经讲过一句话： “北方华创最缺的不是能力，而是客户。