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Qianfang Technology: The company has completed the layout of the autonomous driving industry chain and is constantly improving
On July 10, Qianfang Technology stated on the interactive platform that the company began to deploy unmanned driving-related businesses in 2015, mainly involving the following aspects of business: autonomous driving test field, roadside hardware and software products, and layout through joint ventures vehicle electronics. At present, the layout of the autonomous driving industry chain has been completed and is being continuously improved.
Alibaba: Ant plans to repurchase about 7.6% of its shares, and Ali is considering whether to participate
On July 10, Alibaba announced that Ant Group will hold a general meeting of shareholders to approve (among other things) Ant Group’s proposal to repurchase no more than 7.6% of its shares from all its shareholders. The proposed share repurchase price represents Ant Group's valuation of approximately RMB 567.1 billion (approximately US$78.48 billion). It is understood that the shares repurchased this time will be transferred to Ant Group’s employee incentive plan. Alibaba Group is considering whether to participate in the proposed share repurchase.
Ford abandons ArgoAI, works with Intel Mobileye to develop self-driving cars
According to news on July 10, Ford Motor previously used ArgoAI in its own cars to develop self-driving cars, but due to development obstacles, Ford Motor said last year that it would abandon ArgoAI and switch to cooperation with other companies in autonomous driving.
It is reported that ArgoAI was founded in 2016 and mainly develops on-board software and hardware, high-precision maps, and cloud devices for self-driving cars. The company received $3.6 billion in funding from Ford Motor from 2017 to 2020. Yue decided to terminate the investment in ArgoAI and let ArgoAI dissolve directly on the spot.
Google Cloud Integrates Vector Search Into Managed Database: Boosting AI Capabilities
On July 10th, Google Cloud recently added support for pgvector on Cloud SQL for PostgreSQL and AlloyDB for PostgreSQL. The extension brings vector search operations to managed databases, allowing developers to store vector embeddings generated by large language models (LLMs) and perform similarity searches.
YouTube launches AI-generated quizzes to power educational video learning
YouTube is experimenting with artificial intelligence-generated quizzes on its mobile app, designed to help viewers learn more about topics covered in educational videos. The feature will also help the video-sharing platform better understand how well each video covers a certain topic. YouTube is also testing features like a three-time ad-blocking policy and a new lock screen feature for Premium subscribers.
Foxconn forms partnership with Japanese robotics startup
Recently, Japanese robotics startup Telexistence established a partnership with Foxconn. Telexistence and Foxconn cooperated to establish production technology and carry out mass production of its next-generation robot model "GHOST". Telexistence has recently completed a $170 million Series B round of financing. Investors include HH-CTBC (Foxconn Co-GP) Fund, Softbank, Airbus Venture Capital Fund, Monoful Partners, KDDI Open Innovation Investment Fund, and Globis Capital Partners.
JWIMI: The company launched a new generation of industrial robot core motherboard PXH-TGU and embedded single-board AIoT3-EHL products
JWIX said on the investor interaction platform on July 10 that the company launched a new generation of industrial robot core motherboard PXH-TGU and embedded single-board AIoT3-EHL products for high stability and high reliability requirements of industrial robots; The AMR-TGU dedicated machine built can meet the application requirements of machine vision, warehousing and logistics AGV and other fields. In addition, JMicron's industrial robot controllers correspond to the different needs of industrial robotic arms and AGV/AMR mobile robots. They have excellent real-time performance, shock resistance, and anti-interference performance, and are widely used in electronics, semiconductors, automobile manufacturing, food packaging, pharmaceuticals, etc. field, enabling industrial enterprises to improve the level of intelligent manufacturing.
Nvidia agent: The price of A800 chips has risen rapidly, and each chip has increased by 20,000 in 15 days
According to news on July 10, the Nvidia chip agent revealed that about a week ago, the signal that the Nvidia A800 chip was banned "made the price of the A800 on the market suddenly rise. According to reports, the market price of the Nvidia A800 80GB PCie Standard Edition GPU 15 days ago, it was 90,000 yuan per piece, "now (one piece) is about 110,000 yuan. "Even if the price is soaring, Nvidia's high-end computing power GPU chips are still "hot items". In his view, Nvidia's H800 series GPU chips can still be supplied normally, but the price is higher.
OpenAI has fully opened GPT-3.5 Turbo, DALL-E and Whisper API
On July 9, OpenAI announced the full opening of GPT-3.5 Turbo, DALL-E, and Whisper APIs to assist developers in improving model processing efficiency. In addition, OpenAI also stated that it is developing follow-up functions of GPT-4 and GPT-3.5 Turbo. The feature is scheduled to roll out in the second half of this year. OpenAI revealed that the AI models of all current API calls have been upgraded to GPT-4 by default, and existing users can use them without switching.
financial report
TSMC's consolidated revenue in June decreased by 11.4% month-on-month
TSMC’s official website announced the revenue report for June 2023: the consolidated revenue for June 2023 is approximately NT$156.4 billion, a decrease of 11.4% from the previous month and a decrease of 11.1% from the same period last year. The cumulative revenue from January to June 2023 is approximately NT$989.47 billion, a decrease of 3.5% from the same period last year.
HKUST Xunfei: Revenue in the first half of the year was 7.8 billion yuan
On July 10, HKUST Xunfei announced that it expects to achieve revenue of 7.8 billion yuan in the first half of the year, and achieve a net profit of 55 million to 80 million yuan attributable to the parent company, a year-on-year decrease of 71%-80%, and a net loss of 270 million yuan after deducting non-existing expenses. Yuan - 330 million yuan. The company's operations in the second quarter reversed the unfavorable situation of declining performance in the first quarter. It is expected to achieve operating income of about 4.9 billion yuan, an increase of about 10% year-on-year, and a quarter-on-quarter increase of about 70%; the gross profit is expected to be about 1.9 billion yuan, an increase of about 7% year-on-year %, an increase of about 60% month-on-month. In the second quarter, the net cash flow generated from operating activities exceeded 100 million yuan, an increase of more than 550 million yuan compared with the same period last year.
Didi’s revenue in the first quarter increased by 19% year-on-year to 42.7 billion yuan
Didi announced its unaudited financial results for the first quarter of 2023 on July 9. The revenue in the first quarter reached 42.7 billion yuan, a year-on-year increase of 19.1%; the net loss attributable to ordinary shareholders in the first quarter narrowed to 1.2 billion yuan. The loss in the same period last year was 16.3 billion yuan. Among them, China's travel business revenue in the first quarter was 39 billion yuan, a year-on-year increase of 18.7%; international business revenue was 1.7 billion yuan, a year-on-year increase of 40.7%.
Lihewei: Net profit in the first half of the year is expected to increase by 57.52%-66.97% year-on-year
On July 10, Lihewei issued an announcement saying that the net profit in the first half of the year is expected to be 50 million to 53 million yuan, a year-on-year increase of 57.52% to 66.97%. During the reporting period, the power grid market continued to grow, and the company had sufficient orders, which increased by more than 50% compared with the same period of the previous year. At the same time, chip projects such as smart photovoltaics and smart homes were also advancing in an orderly manner.
Policy/Report
The Ministry of Industry and Information Technology and other departments released the average fuel consumption and new energy vehicle credits of Chinese passenger car companies in 2022
According to news on July 10, the Ministry of Industry and Information Technology and other departments issued an announcement on the average fuel consumption and new energy vehicle credits of Chinese passenger car companies in 2022. The announcement pointed out that in 2022, 125 passenger car companies in China produced/imported a total of 2176.03 million vehicles (including new energy passenger cars, excluding export passenger cars, the same below), the industry average vehicle curb weight is 1575 kg, and the actual value of average fuel consumption (WLTC working condition, the same below) is 4.11 liters/100 km, 32.5649 million positive points for fuel consumption, 3.6404 million negative points for fuel consumption, 15.2408 million positive points for new energy vehicles, and 462,600 negative points for new energy vehicles.
Investment and Financing
"West Lake Heart" received a strategic investment of over 100 million yuan from Tom Cat
Recently, "Xihu Xinchen" announced that it has obtained a strategic investment from Tom Cat, with an investment amount of over 100 million yuan. At the same time, Xihu Xinchen officially launched a self-developed general-purpose large model - "West Lake Large Model". According to the official introduction, after this round of financing, Xihu Xinchen will accelerate cooperation with Tom Cat in the fields of general large-scale models, vertical domain models, and terminal software and hardware.
Huoyin Technology completed the A round of financing of tens of millions of yuan
Data security management manufacturer Huoyin Technology recently completed the A round of financing. The investor of this round of financing is the Qi'an Chuanfa Fund jointly established by Qi Anxin Group and Sichuan Development, and Airline Capital acts as the exclusive financial advisor. According to reports, this is the second financing this year for Huoyin Technology after obtaining financing from Hefei High Investment in April. The amount of financing in this round is tens of millions of yuan.
other
Artificial intelligence rapidly decodes brain cancer genome
A Harvard Medical School team has designed an artificial intelligence (AI) medical tool that can quickly decode the DNA of brain tumors to determine their molecular identity during surgery, while existing methods take days It can take weeks or even weeks to get this critical information. The research results were published in the "Medical" magazine on the 7th.
The new tool is called CHARM (Cryosection Histopathological Assessment and Review Mechanism). CHARM aligns the diagnosis during surgery with the recently updated World Health Organization classification system, which can be used to diagnose and grade the severity of gliomas. The tool is reported to have successfully captured hallmarks of more aggressive gliomas, as well as pinpointing clinically important molecular changes in low-grade tumors. The tool also links the appearance of the cells to the molecular signature of the tumor, in a pattern that more closely resembles the way a human pathologist visually evaluates a sample. In addition, it can be retrained to recognize other subtypes of brain cancer.
Unity CEO: Generative AI will make game development 5-10 times faster
July 10 news, the average video game world requires hundreds of game designers, graphic artists and musicians to spend years to create. Unity CEO John Riccitiello predicts that generative artificial intelligence (AIGC) will dramatically reduce this time, by a factor of 5 to 10.
Nikkei: The price of major memory chips fell by 40% in 1 year, and it is expected that it will take some time to eliminate excess inventory
According to reports, the semiconductor memory chip market is recovering slowly, and the price of DRAM, a representative memory chip, has declined for 12 consecutive months as of April. The bulk transaction price of "DDR4 8GB" products, which is a price indicator, dropped 45% in June from a year ago. From the perspective of NAND flash memory used for long-term data storage, the "TLC (three-level cell) 256GB" product fell 44% year-on-year from April to June, and continued to decline. Nikkei said that semiconductor manufacturers will step up production capacity reduction, but it is expected that it will take some time to eliminate excess inventory.
Oxford and Cambridge lifted the ban on ChatGPT, and 24 top universities in the UK released detailed usage principles
On July 10th, the Russell University Group, composed of 24 top universities in the UK, including Oxford University, Cambridge University, and Birmingham University, recently jointly released new principles for using generative AI tools on campus. The rules, which have been unanimously supported by the vice-chancellors of the 24 member universities, will develop relevant curricula and governance bodies to use new technologies such as generative AI in an ethical and responsible manner.
