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GM launches self-driving road tests in Shanghai
Recently, General Motors was approved for the road test qualification license for intelligent connected vehicles in Shanghai, and carried out L4 autonomous driving road tests in the designated demonstration area. According to the report, the first phase of the road test is planned to last for one year, mainly in the Shanghai Jinqiao Intelligent Connected Vehicle Test Demonstration Zone. This road test will use Momenta's AI technology to accelerate algorithm iteration, laying the foundation for GM's test fleet in China to carry out higher-level autonomous driving tests and operations in the future.
TAL's self-developed 100-billion-level mathematical model MathGPT is online and open for public testing from now on
According to news on August 24, during TAL’s 20th anniversary live broadcast, CTO Tian Mi announced that MathGPT, a 100-billion-level large-scale model in the field of mathematics developed by TAL, was officially launched and opened for public testing. From now on, users can apply for a free trial experience through the official website to register an account.
Ant Group's innovation and technology headquarters landed in Haidian, Beijing
According to news on August 24, Beijing Haidian District and Ant Group signed a strategic cooperation agreement. Ant will set up an innovation and technology headquarters in Haidian District, covering multiple fields such as security technology, mobile technology, and SaaS services. The innovation and technology headquarters will also set up a digital technology research and development center and ant technology research institute, focusing on basic and cutting-edge technology research.
MediaTek announced the use of Meta large model Llama 2
On August 24th, MediaTek announced that it will use Meta's latest generation of large-scale language model Llama 2, MediaTek's most advanced artificial intelligence processing unit (APU) and complete AI development platform (NeuroPilot) to establish a complete terminal computing ecosystem and accelerate AI application development on terminal devices such as smartphones, cars, smart homes, and the Internet of Things. It is expected that AI applications developed using the Llama 2 model will appear on the latest flagship products at the end of the year.
SpaceX partners with technology company Cloudflare to seek to enhance Starlink performance and increase Internet speed
On August 24, according to the American technology media The Information, people familiar with the matter said that Musk’s Space Exploration Technology Company (SpaceX) is working with the technology company Cloudflare to seek to improve the performance of the satellite Internet service “Starlink”. The two companies are working on a way to add to Starlink's ground network of mini-data centers around the world, which could help it offer faster internet speeds to customers, according to people familiar with the matter.
Wu Xinzhou, the person in charge of Xiaopeng Zhijia, confirmed his resignation and officially joined Nvidia
According to news on August 24, He Xiaopeng, CEO of Xiaopeng Motors, posted a photo on Weibo with Wu Xinzhou, vice president of autonomous driving of Xiaopeng Motors, and Huang Renxun, CEO of Nvidia, and said that a deeper cooperation with Nvidia is about to begin. Subsequently, Wu Xinzhou reposted this Weibo and confirmed that he would leave to join Nvidia. Wu Xinzhou said that He Xiaopeng and Huang Renxun are two important men in his life. "Tomorrow is the first day of work at NV (NVIDIA). Thank you Xiaopeng for personally sending it to Lao Huang. According to Lao Huang, I will still work for Xiaopeng in the future, but he will not be paid by him." Wu Xinzhou wrote.
Unity China: The internal testing of Unity Engine will start in September, and AI technology will penetrate the whole process of game development
On August 24th, Unity China, a real-time 3D content creation and operation platform, released the new Unity Engine Creation Edition yesterday. Compared with Unity's overseas products, Unity Engine is based on Unity 2022 LTS, based on China's local original development, optimization and expansion. It not only provides AI technical support, but is compatible with Windows, Linux, Android, iOS and other operating systems and platforms, and adapts to domestic ecological conditions. Multiple software and hardware platforms also provide comprehensive tool support, technology empowerment and efficiency acceleration for small games, smart cockpits and other fields. Unity China stated that it plans to invite a small number of developers to participate in the internal beta of Unity Engine in September, open to developers successively from October to November, and launch the official version of Unity Engine in December.
It is said that Hon Hai exclusively undertakes large orders for NVIDIA GH200 modules and L40S reasoning cards
According to news on August 24, the market reported that Nvidia has expanded its cooperation with Hon Hai, and Hon Hai will exclusively undertake the chip module orders for Nvidia's latest AI chip GH200 and the order for reasoning cards equipped with Nvidia's L40S graphics processing unit (GPU).
Google's mixed reality plans are in trouble, sources say
Following reports in June that Google had abandoned its Project Iris augmented reality glasses project, the company's mixed reality headset project with Samsung is now also facing setbacks. The device, code-named Project Moohan internally, is said to be able to provide a mixed reality experience powered by the Android platform. The collaboration makes it "more likely that Samsung will call the shots on product features," and the company doesn't want Google's other hardware divisions to know about the project, fearing they might try to build a competing product.
Geely's first SEA-based pure electric sedan, the Galaxy E8, is scheduled to be released in the fourth quarter
According to the news on August 23, the reporter learned that Geely Galaxy's first model based on the SEA architecture, the Galaxy E8, is planned to be released in the fourth quarter of this year. It is reported that this model will debut the world's widest 45-inch 8K unbounded smart screen, and will be the first to be equipped with Qualcomm Snapdragon 8295 flagship chip and Geely's new car-machine system.
HuggingFace Launches SafeCoder, an Enterprise AI Code Assistant
On August 23rd, according to HuggingFace official news, HuggingFace announced the launch of SafeCoder, a code assistant, to help companies improve software development efficiency. It is reported that SafeCoder is a programming aid developed by HuggingFace based on the StarCoder model, and is proficient in more than 80 programming languages. Users can make personalized adjustments to code suggestions for users through collaborative training with Hugging Face. According to HuggingFace, they will cooperate with VMware to provide SafeCoder on the VMware Cloud platform. At present, VMware has begun to use SafeCoder internally to help with programming.
financial report
Snowflake's fiscal second-quarter revenue beat expectations
August 24th, Snowflake's second-quarter revenue was US$674.0 million, analysts expected US$662.8 million; second-quarter product revenue was US$640.2 million, analysts expected US$624.9 million; the full-year product revenue forecast was maintained at US$2.60 billion remains unchanged, analysts expect US$2.61 billion; maintaining the full-year adjusted operating profit margin forecast at 5% will change; product revenue is expected to be US$670 million to US$675 million in the third fiscal quarter, analysts expect US$674.9 million.
Loongson Zhongke's net loss in the first half of 2023 exceeds 100 million yuan
On August 24, Loongson Zhongke released the 2023 semi-annual report. In the first half of 2023, the company's operating income was 308 million yuan, a decrease of 11.43% compared with 348 million yuan in the same period last year; the net loss attributable to shareholders of listed companies was 103.8 million yuan , compared with the net profit of 88.7633 million yuan in the same period last year, a decrease of 216.92%.
Nvidia's second-quarter net profit was $6.188 billion
On August 24, Nvidia announced the company's financial report for the second quarter of fiscal 2024 ending July 30, 2023. The report shows that Nvidia’s revenue in the second fiscal quarter was US$13.507 billion, an increase of 101% compared with US$6.704 billion in the same period last year, and an increase of 88% compared with US$7.192 billion in the previous quarter, setting a historical record; net profit It was US$6.188 billion, an increase of 843% compared with US$656 million in the same period of the previous year, and an increase of 203% compared with US$2.043 billion in the previous quarter.
Policy/Report
Support policies for strategic emerging industries for central enterprises are expected to be released
According to news on August 24, greater efforts to deploy forward-looking strategic emerging industries is one of the key tasks of the new round of state-owned enterprise reform and deepening and upgrading actions. It is reported that the State-owned Assets Supervision and Administration Commission is actively deploying the central enterprise industry renewal action and the future industry sailing action. The establishment of a special fund for the development of strategic emerging industries is also being accelerated, and a package of policies to support the development of central enterprises' strategic emerging industries is expected to be released at an accelerated pace. Industry insiders believe that according to the goal proposed by the State-owned Assets Supervision and Administration Commission at the beginning of the year, the proportion of strategic emerging industries of central enterprises will be increased by more than 2 percentage points in 2023.
U.S. State Department: Seeking to extend the China-U.S. Science and Technology Cooperation Agreement for six months
According to news on August 24, the US State Department stated on the 23rd local time that the United States is seeking a short-term extension of the "Sino-US Science and Technology Cooperation Agreement" for six months in order to negotiate with the Chinese government and "strengthen" the agreement. As one of the first batch of intergovernmental agreements signed after the establishment of diplomatic relations between China and the United States in 1979, the "Sino-US Science and Technology Cooperation Agreement" has always been regarded as an important symbol of scientific and technological cooperation between the two countries. The agreement is renewed every five years and has been uninterrupted for more than 40 years. According to the current signing date, the agreement will expire on August 27, 2023. If the agreement can be renewed, it will send a strong signal that the two countries can put aside their disputes and work together.
Ministry of Natural Resources: 264 cities across the country carry out city-level 3D model construction
According to the news on August 23, the Ministry of Natural Resources stated today that as of now, 264 cities in my country have carried out city-level 3D model construction, and various scenarios have been continuously enriched. Real 3D, simply put, is to build a city in the digital world that is exactly the same as the reality, and it is a 3D digital map in a real scene. According to the latest data from the Ministry of Natural Resources, there are currently 264 cities in about 26 provinces (autonomous regions and municipalities) in my country, and about 55,200 square kilometers of urban 3D model construction has been carried out. The relevant achievements have been used in local digital transformation and smart city construction. had a positive effect. According to the plan, by 2025, my country will initially realize the coverage of cities above the prefecture level in 5 cm resolution city-level real scene 3D.
DIGITIMES Research: Shipments of high-end AI servers will reach 337,000 units in 2024
On August 24th, according to DIGITIMES Research, the shipment of high-end artificial intelligence servers is expected to reach 337,000 units in 2024. By 2030, the generative artificial intelligence market will reach 109 billion US dollars, with a compound annual growth rate of ( CAGR) is 35%. According to Eric Huang, vice president of DIGITIMES, the large amount of data generated by the cloud and hardware has greatly increased the amount of data transmitted, which opens up opportunities not only for artificial intelligence, but also for the entire ICT industry. The next step is to enter the era of edge AI.
IPO
Inspur Cloud Science and Technology Innovation Board Listing Counseling Plan will be completed in the first half of next year
According to news on August 24, Yan Liang, general manager of Inspur Cloud, said today, "Inspur Cloud's plan to go public has not changed, and it is still in the process of listing counseling, and the counseling plan will end in the first half of next year." It is reported that at the end of 2021, Inspur Cloud will restart the listing counseling work and plans to list on the Science and Technology Innovation Board.
After the listing of VinFast, the first Vietnamese technology company to apply for an IPO in the United States
According to news on August 24, Internet start-up company VNG Ltd. applied for an initial public offering (IPO) in the United States, becoming the first Vietnamese technology company to seek a listing in the United States. The company plans to issue nearly 22 million shares and will set a proposed price range later in a filing with the U.S. SEC. The Nasdaq listing of Vietnamese electric car maker VinFast has been a huge success. Its stock has more than tripled in the week since its listing, and its market value is larger than that of General Motors and Ford Motors combined.
Investment and Financing
Hugging Face Receives $200 Million in Series D Funding
On August 24, Hugging Face, an open source model library company, received US$200 million in Series D financing. This round of financing was led by Salesforce Ventures, an investment arm of Salesforce. After this round of financing is completed, Hugging Face will be valued at US$4 billion.
Heqijuli completed the C1 round of financing of tens of millions of yuan
On August 24, Beijing Heqijuli Education Technology Co., Ltd. (hereinafter referred to as "Heqijuli") has completed the C1 round of financing of tens of millions of yuan, invested by Dening Capital and Kaola Fund. This round of financing is mainly used for product research and development and market development. It will invest heavily in low-code aPaaS platforms and generative AI technology applications, and continue to expand its business and deploy more provinces.
Heqijuli was established in 2013, focusing on digital technology, providing software applications and comprehensive solutions covering the three major scenarios of educational affairs, teaching, and governance for basic education.
Xingsheng Energy received tens of millions of yuan in Pre-A round of financing
Recently, Beijing Xingsheng Energy Co., Ltd. (hereinafter referred to as Xingsheng Energy) completed the Pre-A round of financing of tens of millions of yuan. The investors are Hongtai Fund, Suzhou Huahui, Yunhe Capital, Haokun Technology, etc. Serve as a long-term financial investment advisor. The financing funds will be used for landing production line bases, high-end equipment companies and establishing a perovskite research institute.
Xingsheng Energy was established in 2020, and its core products are building integrated photovoltaic (BIPV) and high-strength flexible solar cell modules (BAPV).
Wuhan Zojirushi Technology completed tens of millions of yuan Pre-A round of financing
According to news on August 24, recently, Zojirushi Technology, a digital technology solution provider with industrial-grade 3D lidar scanning technology as the core, received tens of millions of yuan in Pre-A round financing, led by Shenzhen Zhengxuan Investment and followed by Suzhou Shunrong Capital. Investment, Angel round follow-up investment by Huagong Ruiyuan, a subsidiary of Wuhan Huagong Technology.
other
AI analog chips are 14 times more energy efficient than traditional chips
On August 24th, a study published in Nature on the 23rd reported an artificial intelligence (AI) analog chip with 14 times the energy efficiency of traditional digital computer chips. The chip, developed by IBM Research Labs, outperforms general-purpose processors in speech recognition. This technology may be able to break through the bottlenecks encountered in the current AI development due to insufficient computing performance and low efficiency.
Qingdao was approved to build a national computing power platform, focusing on the development of artificial intelligence in the marine field
According to news on August 23, recently, the Ministry of Science and Technology issued a notice of approval for the national new generation of artificial intelligence public computing power open innovation platform. "Successfully approved. This is the first national new-generation artificial intelligence public computing power open innovation platform approved for construction in Shandong Province.
