Lee Jae-myung: AI is reshaping the global industrial landscape, South Korea needs to invest boldly

Hyperliquid has launched the pre-IPO perpetual contract for Unitree, currently priced at around $74, corresponding to a post-IPO market capitalization of approximately $30 billion. The UNITREE pre-market perpetual contract price represents the USD price of one ordinary share of Unitree. Unitree’s STAR Market IPO plans to issue at least ~40.45 million shares, accounting for 10% of its total post-issuance share capital, with total post-issuance shares standing at roughly 404.5 million. The current contract price translates to an implied market cap of $30 billion, or around RMB 205 billion. Unitree’s IPO prospectus targets an issuance valuation of approximately RMB 42 billion (roughly $5.8–6.2 billion), implying an expected IPO return of 4.88 times after listing. Unitree is set to hold its initial public offering and list on the Shanghai Stock Exchange’s STAR Market. The offering will combine strategic placement, off-line subscription, and online subscription. The proposed public offering size is 40,446,434 shares, with total post-issuance share capital of 404,464,340 shares. The preliminary inquiry date is August 5, 2026, and the off-line subscription date is August 10, 2026.

Hyperliquid has launched pre-IPO perpetual contracts for Unitree, with the ticker UNITREE, currently priced at $54. Unitree is a leading Chinese civilian robotics company set to conduct its initial public offering (IPO) on the Shanghai Stock Exchange’s STAR Market. The offering will adopt a combined approach of strategic placement, institutional offline issuance, and retail online issuance. The company plans to issue 40,446,434 shares, accounting for 10% of its total post-IPO share capital, with the total post-IPO share count reaching 404,464,340. The preliminary inquiry date is August 5, 2026, and the institutional subscription date is August 10, 2026. The company has a special voting right mechanism; under the voting right differential arrangement, actual controller Wang Xingxing controls a total of 68.78% of the company’s voting rights.

Polymarket has become the official prediction market provider for the Association of Tennis Professionals (ATP) Tour, securing exclusive streaming rights for prediction market categories across all ATP Tour and ATP Challenger Tour events. Polymarket users registered in the U.S. will be able to stream all ATP matches live directly, with the opportunity to trade in related prediction markets. Under the agreement, Sportradar, the exclusive distribution partner of TDI, will provide official real-time data for all matches to ensure timely settlement. The deal covers approximately 20,000 matches per ATP season, including main draw and qualifying singles and doubles events on the ATP Tour.

Tibo, product lead for OpenAI Codex, said that based on recent results, Codex has proven to be an excellent AI workflow framework. However, it could appear quite rudimentary in the next two to three months. We are on the cusp of a major evolution in the application of cutting-edge AI, and next-generation models will require more than just a standard laptop.

According to official announcements, Binance Alpha will launch trading for Squid’s QUID token at 21:00 Beijing time today. Users holding a minimum of 243 Alpha points can claim 550 QUID tokens via a first-come, first-served airdrop. If the reward pool is not fully distributed, the point threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop requires 15 Alpha points to be deducted. Users must confirm their claim on the Alpha event page within 24 hours; failure to do so will result in forfeiture of the reward.

Tencent Hunyuan has officially launched its next-generation speech recognition model, Hy ASR 3.0 preview. Leveraging the language understanding capabilities of the latest large language model Hy3, the model generates accurate, coherent transcriptions that align more closely with user intent, even when processing complex real-world inputs. Currently, the model is available via API services on Tencent Cloud’s official website, with broad applications in scenarios such as intelligent customer service, content understanding, and voice search. It has been first launched on Yuanbao and is offered for free; products including WorkBuddy are also being integrated gradually.