2023: The Unbearable Explosion of AI Growth Leading to the Closure of Hundreds of Startups Worldwide

AI Daily: China's AI Investment to Exceed $100 Billion by 2028; OpenRouter Releases Free Model Quasar Alpha; Midjourney V7 Launches Major Update

Welcome to the 【AI Daily】column! Your daily guide to exploring the world of artificial intelligence. We present you with the hottest AI news, focusing on developers and helping you understand technology trends and innovative AI product applications. Discover new AI products here: https://top.aibase.com/ 1、IDC: China's AI Investment to Exceed $100 Billion by 2028 According to IDC's prediction, China's investment in artificial intelligence will significantly increase, with a total investment expected to exceed $100 billion by 2028.

IDC: China's AI Investment to Exceed $100 Billion by 2028

International Data Corporation (IDC) released the "Worldwide Artificial Intelligence and Generative AI Spending Guide," projecting that China's total AI investment will surpass $100 billion by 2028, with a compound annual growth rate (CAGR) of 35.2%. According to IDC, global spending on AI IT is expected to reach $3,158 billion in 2024 and $8,159 billion by 2028, representing a CAGR of 32.9%. In the generative AI sector, the global market is expected to grow significantly over the next five years.

Meta AI Research Lead Joelle Pineau to Depart; $65B Investment Plan Continues

Joelle Pineau, VP of Meta AI Research, announced on Tuesday via a Facebook post that she will be leaving her position at Meta in May. Pineau has served as the head of Meta's Fundamental AI Research (FAIR) lab for the past two years, leading the lab's cutting-edge research in artificial intelligence. FAIR is a core internal research team at Meta, led by renowned scientist Yann LeCun. Pineau's departure comes as Meta...

Zhipu AI Company Name Change

Musk's xAI Partners with Nvidia, Microsoft, and BlackRock to Boost AI Infrastructure Investment

Elon Musk's xAI is collaborating with Nvidia, Microsoft, and BlackRock to significantly increase investment in artificial intelligence infrastructure. This partnership aims to accelerate advancements and development in the field of AI.

Tencent Leads New Funding Round for Zhiyuan Robotics, Marking Entry into Embodied AI

According to The Science and Technology Innovation Board Daily, Zhiyuan Robotics recently closed a new round of financing led by Tencent. This marks Tencent's first investment in the embodied AI field. The round also attracted several industry players and existing investors, including Longqi Technology, Wolong Electric, Huafa Group, and BlueRun Ventures. Image Note: Image generated by AI, with permission from Midjourney. Insiders revealed that Zhiyuan Robotics is currently seeking a new round of financing with a valuation of 150 billion yuan. Zhiyuan Robotics was founded in 2023 by...

Zhihuijun's Zhiyuan Robotics Receives Increased Investment of Over 80.45 Million Yuan

Qichacha APP shows that Shanghai Zhiyuan Innovation Technology Co., Ltd. recently increased its registered capital to over 80.45 million yuan. The legal representative has changed from Shu Yuanchun to Deng Taihua, and several senior executives have also changed. Qichacha information shows that the company was founded in February 2023, with Sangpeng (Shanghai) Technology Partnership (Limited Partnership) as the major shareholder, holding over 30% of the shares. The latter is 13.79% owned by Peng Zhihui (Zhihuijun).

Nvidia Plans Multi-Billion Dollar US Investment to Boost Semiconductor Supply Chain

CMSC: DeepSeek Series Models Deployed, Integrated into Office Communication Software

CMSC stated on an interactive platform that it has deployed the DeepSeek series of models, currently primarily integrated into the company's office communication software to support employees' daily work needs. In the future, the company will comprehensively utilize R1-class strong reasoning models for business digitalization upgrades, exploring applications centered around core businesses such as intelligent investment advisory, intelligent investment, and intelligent investment research.

Tencent's Cumulative R&D Investment Reaches 3912 Billion Yuan Over Seven Years, Doubling Down on User-Friendly AI