After exploring cutting-edge innovation in Shenzhen, the next stop of the "Harvard Deep Dive in China – Peking Univ." program brought participants to Guiyang, the capital of Guizhou Province. For William, the city's charm came from the combination of old and new: centuries of history, vibrant local traditions, and a modern city full of energy. "It's very peaceful, and at the same time very energetic." From Shenzhen to Guiyang and onward to Beijing, each stop offers a new perspective on China. 🎦: Liu, Felicia Ziyi; Zheng Zibo

DYNATRACE $DT price-target raised to $74 (from $65) at UBS, while maintaining a Buy rating: "Demand for AI/agent observability is inflecting, boosted by recent AI governance/safety concerns, which could be a material catalyst for DT/DDOG shares and with this initial deep-dive we focus on DT's Arize acquisition but we also offer insights relevant for DDOG. Net, we conclude that both DT and DDOG will likely be key beneficiaries of rising AI observability spend which our checks suggested could reach 20-25% of total observability spend over the next few years, enough to drive at least a few points of growth for both DT/DDOG in each of the next few years. We spoke with 4 F500 customers of Arize and overall we came away more positive on both the AI observability opportunity and the strategic rationale for the Arize acquisition with all 4 existing Arize customers expecting an aggressive spend ramp over the next several years (3 of 4 were customers of both DDOG+DT). Our work suggested that Arize + AI observability will be key to DT’s ability to drive high-teens c/c ARR growth over the next few years (UBSe 19%/18%/19% in FY27-29)."

Hello everyone, As many of you just saw in today’s State of Play, pre-orders for Phantom Blade Zero will open this summer! At the same time, I want to share another update: Phantom Blade Zero will now launch on October 29, 2026, moved from its previous date of September 9, 2026. First of all, I want to offer my sincere apologies to all the players who have been following and supporting us. This was not an easy decision. More than anyone, we understand the expectations our players have placed on us. And precisely because of those expectations, we do not want to release Phantom Blade Zero knowing there is still an opportunity to take it one step further. Looking back over the past few years, the development of Phantom Blade Zero has been a thrilling journey of evolution. As we built the game, we continued learning, refining our technology, and expanding the scale and resources behind the project. From its first reveal in 2023, to its first offline hands-on demo in 2024, to the Seven-Star Sword Formation, Lion Dance, and Drunken Sword showcased in 2025, Phantom Blade Zero has continued to evolve year after year, with each new showing representing a clear leap forward from the last. And we have shared that evolution with players around the world every step of the way. Over the past few months, we have been streamlining content and focusing our efforts on polishing the areas that matter most. During this process, I saw one final opportunity for Phantom Blade Zero to make another meaningful leap forward. We have upgraded a number of character models and reworked many environments across the game, pushing them toward the highest standard we can currently achieve. We have also spent additional effort preserving as much of this visual impact as possible even without relying on ray tracing. Of course, ray tracing will further enhance the visuals, but our priority is to make sure the core look, atmosphere, and intensity of Phantom Blade Zero come through at full force for as many players as possible. A 50-day delay cannot solve everything. But it does give us enough time to complete a number of clearly defined and genuinely important improvements. These refinements will directly affect how the game feels when players first step into the world of Phantom Blade Zero. We could have delivered some of them through post-launch updates, but for the players who choose to join us on day one, we believe they deserve the best version of Phantom Blade Zero we can deliver from the very beginning. I am truly sorry for the delay, and I want to thank everyone who has continued to follow and support Phantom Blade Zero. This summer, we will have much more to show you. I believe every extra day of waiting will be worth it. I'd also like to share what you can expect next: 1. A new trailer that will release alongside pre-orders, featuring entirely new in-game footage. 2. After pre-order opens, we will also have a dedicated State of Play focused entirely on Phantom Blade Zero: a 15-to-20-minute deep dive into the game’s world, combat, exploration, and character progression systems. The vast majority of what we show there will be brand-new. We will share the exact dates in upcoming announcements! Once again, thank you all for your continued support! Soulframe S-GAME CEO / Creator of Phantom Blade Zero

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