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Argentine software giant Globant plans to invest $1 billion to build AI business
On August 11, according to Bloomberg, the Argentine software giant Globant plans to invest US$1 billion to establish its artificial intelligence business in Latin America and nearly double the number of employees in the company in the next five to six years. A new center in São Paulo focused on artificial intelligence and quantum computing will be at the heart of the expansion, which will be funded from the company’s own revenue, Chief Executive Martin Migoya said in an interview.
Zhidu shares: the world's first ChatGPT speaker will be released globally on August 17
According to news on August 11, according to Zhidu’s official Weibo account, the world’s first ChatGPT speaker will be launched globally by VIFA on August 17.
ChatMini's main high-EQ companionship chat is driven by ChatGPT and Baidu Wenxin Yiyan dual AI. Compared with traditional smart speakers, ChatMini is smaller and can be carried with you, so you can communicate at any time and accompany you anywhere. ChatMini, equipped with Baidu Wenxinyiyan, has obvious advantages and features in terms of functions, and can have richer dialogues with users to meet the diverse needs of users. In addition, ChatMini can provide users with comfort, encouragement and advice based on their emotional state; it can also create poems, lyrics, articles, etc. for users based on their interests and hobbies. The speaker can also conduct interesting games, tests, and questions and answers with users.
Faraday Future: The first FF 91 car delivery ceremony will be held this weekend
On the afternoon of August 10th, Faraday Future announced on Weibo that the delivery ceremony of the first FF 91 2.0 Futurist Alliance will be held this weekend. According to the official introduction, the delivery ceremony of the first car will be recorded and broadcast, and the live video will be played on August 15 (next Tuesday), focusing on the new cars that will be delivered to more car owners. With all necessary compliance processes and steps completed, FF says it is ready to deliver new vehicles to users. Faraday Future also announced that it will announce on August 16 the first owner of the second batch of users in the second phase of co-creation delivery. This user is also an industry elite and will become a participant in the FF developer co-creation project. It should be noted that although the delivery has been announced, according to the delivery mode introduced by FF, FF 91 can only be delivered one car at a time.
Ali Dharma Academy opens 100 AI patent licenses for free
At the Zhejiang Provincial Patent Disclosure Implementation Policy Announcement Conference held on August 11, Alibaba Dharma Institute (Hupan Laboratory) announced that it would open 100 AI patent licenses to the public for free to support small, medium and micro enterprises to use AI at low cost. According to reports, the Ali Dharma Institute released 100 AI patent licenses for free this time, which will be included in the first batch of national patent disclosure implementation lists and put on the shelves in Zhejiang Intellectual Property Exchange Center, which covers image technology, video technology, 3D vision and many other AI patents. technology field.
Alibaba Dharma Institute stated that AI is currently setting off a new wave of technology and promoting the progress and development of thousands of industries. However, for small, medium and micro enterprises, how to use AI technology for business innovation has always been a problem, because the threshold for AI technology research and development is too high. High, AI patents are mostly in the hands of a few companies and universities.
Xiaomi's large model exposed for the first time
According to the news on August 11, the C-Eval and CMMLU large-scale model evaluation list appeared for the first time the Xiaomi large-scale model MiLM-6B. As of now, Xiaomi's large model ranks 10th in the C-Eval list, and ranks 1st in the same parameter category; CMMLU's Chinese large model ranks 1st. The reporter learned from the company that this is the first time that Xiaomi’s large model has been exposed.
Nvidia releases CALMAI model: Training virtual characters can simulate 5 billion human actions
On August 11th, Nvidia, in cooperation with the Israel Institute of Technology, Bar-Ilan University, and Simon Fraser University, jointly released a technical paper on the CALMAI model. Nvidia said that the full name of the CALMAI model is "Conditional Adversarial Latent Models", which is designed to train customized virtual characters. According to Nvidia, by training for 10 days in the real world, it is equivalent to training for 10 years in the simulated world. After training, the CALMAI model can simulate up to 5 billion human actions, including walking, standing, sitting, running, and fighting with a sword.
China Literature Launches the AI Network Scene Function "Building Dream Island"
According to news on August 11, Xiaoxiang Academy App, a subsidiary of China Literature, announced that it is open to testing its new AI-based online text scene function "Building Dream Island". Hou Xiaonan, CEO of China Literature, said at yesterday's performance meeting that users can use this function to interact with AI virtual characters and characters in the story, thereby gaining an immersive experience in the book. At present, "Zhumengdao" has opened the internal test application channel to Xiaoxiang Academy App users.
Apple obtains the latest technology patent: Apple Watch may control Mac and other devices with gestures
On August 11th, according to an announcement issued by the United States Trademark and Patent Office (USPTO), Apple recently obtained a technology patent that depicts possible future Apple Watch functions, including operating Mac and Devices such as Apple TV. The future Apple Watch can realize a variety of interactive functions, such as image editing, drawing, file processing, spreadsheet production, games, calls, video conferencing, mail, instant messaging, fitness support, digital photography, digital video, web browsing, music playback , notes, etc.
Easier World: Internal testing of AI e-commerce video advertising tools can improve efficiency by 10 times
Edianxia released the record sheet of investor relations activities on August 10. It is mentioned that KreadoAI has directly covered most of the internal design teams, and its digital human capabilities have directly reduced the cost of internal foreign model materials by 86%; the AI model function has reduced the cost of e-commerce product image advertising materials by 83%; AI text dubbing , AI smart cutout and other tools can improve the efficiency of the designer's work by more than 5 times.
The AI e-commerce video advertising tool currently in internal testing can achieve 10 times the creative production efficiency internally. Edianxia plans to launch AI video advertising tools to the market at the end of October.
OpenAI's "customization" feature expands to free users
News on August 11th, in the early morning of August 11th, Beijing time, OpenAI announced on the social platform that it has extended the powerful "customization" function to free users, including iOS and Android mobile applications. It is worth noting that this feature is temporarily unavailable in the EU and UK regions.
On July 21 this year, OpenAI first launched the "custom" test function to paid users of ChatGPT Plus, which allows users to better control ChatGPT's reply methods and preferences, and retain these settings in subsequent conversations.
financial report
Alibaba Announces Financial Report for the First Quarter of Fiscal Year 2024
On the evening of August 10, Alibaba released its financial report for the first quarter of fiscal year 2024, which is the first quarterly performance after the organizational change. The financial report shows that Alibaba’s revenue in the first quarter of fiscal year 2024 was 234.16 billion yuan, a year-on-year increase of 14%; adjusted net profit after interest, taxes, depreciation and amortization was 44.92 billion yuan, a year-on-year increase of 48%. Among them, Taotian Group's quarterly revenue increased by 12% year-on-year, Ali International Digital Business Group's revenue increased by 41% year-on-year, and Cainiao Group's revenue increased by 34% year-on-year.
SMIC Releases Second Quarter Financial Report
On the evening of August 10, SMIC announced its unaudited results for the second quarter ending June 30, 2023. The financial report shows that SMIC’s revenue in the second quarter was US$1.56 billion, the market expected US$1.553 billion, and US$1.903 billion in the same period last year; net profit was US$402.8 million, the market expected US$184 million, and US$514 million in the same period last year. Both beat expectations. Gross profit for the second quarter of 2023 was $317 million, representing a gross margin of 20.3%.
Huawei achieved sales revenue of 310.9 billion yuan in the first half of the year, a year-on-year increase of 3.1%
According to news on August 11, Huawei released its operating results for the first half of 2023. In the first half of the year, the company achieved sales revenue of 310.9 billion yuan, a year-on-year increase of 3.1%, and a net profit margin of 15.0%. Based on this calculation, the company's net profit in the first half of the year was 46.6 billion yuan, a year-on-year increase of over 200%. Among them, the ICT infrastructure business revenue was 167.2 billion yuan , the terminal business revenue was 103.5 billion yuan, the cloud computing business revenue was 24.1 billion yuan, the digital energy business revenue was 24.2 billion yuan, and the smart car solution business revenue 1 billion yuan.
China Mobile's semi-annual performance: revenue of 530.7 billion yuan, a year-on-year increase of 6.8%
On August 10, China Mobile announced the 2023 semi-annual report. According to the report, in the first half of 2023, China Mobile's operating income was 530.7 billion yuan, a year-on-year increase of 6.8%. Among them, communication service revenue was 452.2 billion yuan, a year-on-year increase of 6.1%. EBITDA was 183.5 billion yuan, a year-on-year increase of 5.5%. Capital expenditure was 81.4 billion yuan, and net profit was 76.1 billion yuan, a year-on-year increase of 8.4%. The total number of connections reached 3.19 billion, a net increase of 250 million.
Policy/Report
According to the report, 2023 Q2 global CPU shipments will increase by 17% month-on-month
On August 11, according to the latest report released by the market research organization Jon Peddie Research (JPR), global CPU shipments in the second quarter of 2023 will increase by 17% month-on-month, and core display shipments will increase by 14% month-on-month. Desktop CPU shipments fell 25% year-on-year, and notebook CPU shipments fell 22% year-on-year. According to the brand, AMD's CPU share decreased by 5.3% compared with the previous quarter, while Intel's market share increased by 23%.
Canalys report: 2023 Q2 global cloud basic service spending increased by 16% year-on-year
On August 11, according to the latest report released by the market research agency Canalys, the global cloud infrastructure service expenditure in the second quarter of 2023 was 72.4 billion US dollars (currently about 523.452 billion yuan), a year-on-year increase of 16%. A year-on-year increase of 19%. Growth slowed in the quarter, with the report citing an increase in market size as the main factor. Broken down to cloud infrastructure vendors, the top three suppliers AWS, Microsoft Azure, and Google Cloud together increased by 20%, accounting for 65% of total spending.
Japan plans tax breaks for battery, chip production
According to news on August 11, Japan’s Ministry of Economy, Trade and Industry will provide tax breaks for companies that increase domestic semiconductor and electric vehicle battery production, seeking to revise tax rules from April 2024, with the goal of strengthening economic security and supporting decarbonization. According to reports, Japan's Ministry of Economy, Trade and Industry has referred to the US "Inflation Reduction Act" and will finalize the details before the end of the year.
Agency: It is estimated that the output value of Micro LED chips will be nearly 600 million US dollars in 2027
According to a report on August 10, TrendForce estimates that driven by the mass production of large-scale displays and wearable devices, the output value of Micro LED chips will reach US$27 million in 2023, an annual growth rate of 92%. Stimulated by the expansion of existing application shipments and the continuous addition of new applications, the output value of Micro LED chips is estimated to be about US$580 million in 2027, and the compound growth rate (CAGR) from 2022 to 2027 is estimated to be about 136%. In addition to the steady increase in chip output, transfer and testing equipment, glass and CMOS backplanes, and active and passive drive ICs and other related supporting industries will also grow simultaneously under the expansion effect.
The domestic AR market is growing significantly, and Q2 sales in 2023 will increase by 258% year-on-year
According to news on August 11, recently, Luotu Technology’s latest push total data shows that in the second quarter of the domestic market, in the overall online retail market of VR/AR equipment, the sales of AR equipment increased significantly, with a year-on-year increase of 258%.
Investment and Financing
Deli Auto completed 700 million yuan in Series B financing
Recently, Deli New Energy Automobile Co., Ltd. ("Deli Auto") announced the completion of a B-round financing of RMB 700 million. This round of financing was jointly led by Eucalyptus Capital and Guoxuan Hi-Tech, with Huitongda Network, Dianshi Capital, Hongjing Zhijia and other institutions as investors. This round of financing will be used for product development, operation promotion and other aspects of development. This will further consolidate Deli Auto's leading edge in the green smart logistics market.
40Seas Receives $6 Million in Financing
On August 10, 40Seas, a B2B "buy now, pay later" (BNPL) cross-border trade financing service provider, announced that it has received a seed plus round investment of 6 million US dollars. This round was led by Jingya Capital, followed by US QED Investors, and the existing shareholders Team8 and Zim Chase increased their holdings.
Founded in Israel in 2022, 40Seas brings B2B payment and cross-border trade financing into the digital age through data and AI capabilities, and provides new solutions for small and medium-sized importers and exporters in cross-border trade financing.
Mawei Mavel completed tens of millions of US dollars in Series A and A+ rounds of financing
Recently, Mawei Technology Co., Ltd. (hereinafter referred to as "Mawei") announced that it has successively completed the A round and the A+ round of tens of millions of dollars in financing. The round of financing was invested by NIO Capital Industry. Founded in 1999, Mawei is from Italy and has been focusing on the research and development of high-speed, high-power-density electric drive systems.
Remedial Health Completes $12 Million Series A Funding
According to TechCrunch, Remedial Health, a Nigerian pharmaceutical start-up company, completed its A round of financing. This round was led by QED Investorsh and Ventures Platform, and Y Combinator, Gaingels, and Tencent participated in the investment, with a total financing amount of 12 million US dollars.
Founded in 2021, Remedial Health is committed to digitizing pharmacies and improving the efficiency of the pharmaceutical industry chain. The new funds will be used to expand its operations in the West African country.
Finiki received nearly 10 million Pre-A round of financing
Recently, Finiki, an Internet platform for the lithium battery industry, has received nearly 10 million Pre-A rounds of financing. The investors are Jiyuan Wanyang New Energy and individual investor Wu Jie.
Founded in 2019, Finiki Technology is a technology company covering the entire industry chain of low-speed lithium batteries. It mainly provides products and services for upstream and downstream manufacturers of the lithium battery industry chain to participate in low-speed battery replacement business. At present, the self-developed intelligent BMS, intelligent power exchange cabinet and lithium battery life cycle digital operation platform have been trinity, providing integrated solutions for all links of the industrial chain.
other
Hubei Computing Power and Big Data Industry Alliance was established
On August 11th, the Hubei Computing Power and Big Data Industry Alliance was announced. The first batch of alliance members include the three major operators, Huawei, HKUST Xunfei, Dameng Database, Wuhan University, Huazhong Agricultural University, and Wuhan Artificial Intelligence Research Institute , China Three Gorges Corporation, etc.
my country's first artificial intelligence satellite successfully launched today
On August 10, my country's first intelligent emergency satellite "Diwei Intelligent Emergency No. 1" with an artificial intelligence payload as the core and an intelligent operating system was successfully launched at the Jiuquan Satellite Launch Center and entered a predetermined orbit. This satellite was independently designed and developed by Zhejiang Hangzhou Enterprise Diwei Space Technology Co., Ltd.
Weibo is equipped with a third-party AI painting service to generate pictures by inputting text
News on August 11: Recently, many well-known Weibo big Vs participated in an interesting painting instruction activity. Participants can generate four images by entering "#起通服务成功# @星汉未来+(description of the picture you want)" in Weibo. However, it is worth noting that although it can be used after publishing in this format, users need to authorize Weibo private messages before using the service. In addition, ordinary fans are limited to 50 times when using the service, while V fans are limited to 20 times per day.
According to @古月中心相心, the service is developed based on the sd technology optimized for prompt words. Tests have shown that it takes about a few minutes to generate an image with a description like "dinosaur carrying a wolf". However, the image quality is similar to that of Wenxin Yiyan when it first started, and there is still room for improvement in the ability to understand Chinese vocabulary. Overall, judging from the experience of major Vs, the current effect of this service needs to be further improved, but the entertainment nature of making network memes is still interesting.
California approves GM, Alphabet subsidiary to provide 24/7 self-driving taxi service in San Francisco
According to news on August 11, the California Public Utilities Commission (CPUC) has approved Cruise and Waymo to provide charging services for unmanned taxis (RoboTaxi) 24 hours a day, 7 days a week in San Francisco. Cruise is a subsidiary of General Motors, and Waymo is a subsidiary of Alphabet. Cruise executive Prashanthi Raman called the decision an "industry milestone," and Waymo co-CEO Tekedra Mawakana called the license the real start of its commercial operations in the city.
