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On March 25th, Cai Chongxin, Chairman of the Alibaba Group, expressed his views at the HSBC Global Investment Summit, pointing out that a bubble is beginning to form in the construction of artificial intelligence (AI) data centers. He believes that many investment announcements in US data centers are "duplicated" or overlapping. Meanwhile, Cai Chongxin revealed that Alibaba's employee count has bottomed out and the company will restart its hiring plan. Regarding the current booming AI wave, Cai Chongxin broadly categorized companies involved into three types: the first focuses on model research and development, such as OpenAI; the second focuses on AI applications and integrations; and the third comprises infrastructure providers.

SoftBank Group Corp., the Japanese technology investment firm, announced it will acquire server-class chip designer Ampere Computing for $6.5 billion. This move marks another significant step in SoftBank's push into artificial intelligence (AI) and high-performance computing. Ampere Computing's major investors, including Oracle and Carlyle Group, also divested their stakes in the deal. Ampere focuses on multi...

On March 6th, Open Source China (Open Source Consensus (Shanghai) Network Technology Co., Ltd.), a leading enterprise in the open-source technology ecosystem, announced the completion of hundreds of millions of yuan in Series C financing. This round of financing was led by Beijing Information Industry Development Investment Fund (Beijing Information Industry Fund), with Shenzhen Special Zone Daily Equity Investment Fund (Shenzhen Special Zone Daily) and Beijing Shanghe Momentum Private Equity Fund (Shanghe Momentum) following suit. Index Capital acted as the financial advisor. The funding will be used to deepen its AI strategy, expand its product matrix, promote intelligent solutions with software and hardware synergy, and facilitate the implementation of AI in industrial fields. Founder and Chairman

Lenovo Group's Q3 2024 fiscal report shows that the company achieved revenue of 135.1 billion RMB, a year-on-year increase of 20%; net profit reached 4.98 billion RMB, up 106% year-on-year. Alongside delivering impressive performance results, Lenovo also announced significant advancements in its AI strategy. As the first in the world, Lenovo will deploy the DeepSeek large model locally on AI PCs. Previously, the Xiao Tian personal intelligent agent within Lenovo's Tianxi personal intelligent system (Tianxi AS) had already completed networking with DeepSeek-R1.

Recently, the South Korean government announced plans to strengthen investments in the field of artificial intelligence (AI) and establish a 'National AI Committee' to promote national development in this area, aiming to become one of the top three AI-leading countries globally. This policy comes in close relation to the technological advancements of the Chinese AI startup DeepSeek, which the South Korean government believes has brought new challenges to the domestic market, necessitating a stronger response. Image source note: The image was generated by AI and is licensed through service provider Midjourney, according to Bloomberg.

Faraday Future, led by Jia Yueting, announced that it will change its NASDAQ stock code from FFIE to FFAI in early 2025 to better reflect the company's ongoing focus on its artificial intelligence (AI) strategy. The company plans to announce the detailed date and plan for the stock code change in January 2025, and will host an 'FF Open AI Day' event, inviting AI industry partners to explore the future of AI in the mobility sector.

Microsoft has officially started the AI strategic layout for the Xbox platform. As the first AI feature, an intelligent customer service chatbot has already launched on the Xbox platform. According to informed sources, this is only the first step in Microsoft's push for AI strategy in the Xbox area. The second upcoming AI feature is natural language search. This feature will allow users to obtain recommendations without needing to remember specific game titles; they can simply input descriptive terms like "children's puzzle games". The new search system will also support error tolerance, capable of recognizing typos and abbreviations.

Microsoft's trajectory in the field of artificial intelligence is undergoing a significant transformation. Once ambitiously investing in self-developed large models, it now shifts its focus to collaboration with OpenAI and has launched a new 'Correction' feature aimed at addressing the 'hallucination' issues in AI-generated content. From self-development to leveraging partnerships: the evolution of Microsoft's AI strategy. Initially, Microsoft invested a substantial amount of resources in the field of generative AI (GenAI), hoping to create AI models comparable to or even surpassing OpenAI's GPT series. However, during the lengthy development process...

AMD announced that Keith Strier has been appointed as the Senior Vice President of Global Artificial Intelligence Market, aiming to drive the company's worldwide AI strategy development. Strier's addition will lead AMD in advancing its AI vision globally, enhancing ecosystem capabilities, and accelerating AI collaborations across various industries. As an expert with extensive experience in the field of artificial intelligence, he will report directly to AMD's Executive Vice President and Chief Technology Officer. AMD Chair Lisa Su emphasized that Strier's market expertise and industry network will enhance the company's influence in the global AI arena.

ByteDance is secretly preparing to establish a Large Model Research Institute to strengthen its position in AI large models. The institute has attracted top talents from the industry, including Qin Yujia and Huang Wenhao, who will manage technology projects and report directly to founder Zhang Yiming. This move indicates ByteDance's long-term plans and proactive strategies in AI model R&D, aiming to leverage external expertise for technological a....

In the semiconductor industry, AMD recently announced a significant development: Victor Peng, the company's president, will retire next month. As a pivotal figure in AMD's AI strategy, Peng's departure is sure to garner widespread attention within the industry.Since joining AMD in 2022, Victor Peng has been instrumental in driving the company's growth. Prior to AMD, he served as the president and CEO of Xilinx, a programmable chip design company, leading it for four years. Earlier, he had also w

At the recent WWDC conference, Apple announced an agreement with OpenAI, allowing ChatGPT to perform certain tasks on devices running iOS 18 (excluding the EU). This move marks another significant step for Apple in the field of artificial intelligence. According to The Wall Street Journal, Apple's executives also mentioned Google Gemini, but the list of potential partners is not limited to this.

The annual report recently released by gaming giant Embracer Group reveals its ambitious plans for the application of artificial intelligence (AI) in game development, sparking widespread attention and discussion within the industry. As the owner of well-known game franchises such as The Lord of the Rings and Tomb Raider, Embracer's AI strategy is sure to have a profound impact on the entire gaming industry.

Apple Inc. halts electric vehicle development and shifts focus to AI projects. CEO Tim Cook promises shareholders to explore new frontiers in AI. Investors are dissatisfied with the unclear AI strategy as the stock price continues to decline. Apple's stock has dropped 12% this year, with market capitalization falling below Microsoft. Investors want Apple to demonstrate its significant position in AI. Apple faces sluggish iPhone sales, and new product sales growth seems distant. Wall Street is casting doubt on Apple, continuously reducing buy ratings. Analysts believe Apple may launch competitive generative AI products.

Microsoft has reached a collaboration plan with the French company Mistral AI, investing in Mistral AI. Founded in April 2023, Mistral AI has raised approximately $415 million in funding. Mistral AI announced the launch of a new chatbot, Le Chat, similar to OpenAI's ChatGPT. Microsoft's partnership with Mistral AI marks a transition to support Mistral without wholly depending on OpenAI.

TAL Education focuses on mathematical scenarios and AI dialogue learning, launching MathGPT, the first large model specialized in mathematics in China. MathGPT provides detailed answers to mathematical problems, including analysis, detailed explanations, and key insights. The TAL Learning Machine becomes the core product implementing MathGPT, incorporating features such as AI dialogue learning and problem-solving assistance. AI dialogue learning locates students' weaknesses through multi-turn conversations and has received both positive feedback and some criticisms from parents. In the second quarter of 2023, the TAL Learning Machine shipped 90,000 units, ranking fourth in the domestic learning tablet market.

Salesforce's third quarter earnings exceeded expectations as customers look forward to new AI product subscriptions and support service revenue growth. Salesforce is fully committed to AI development, which may take longer than anticipated. The company plans to adjust its workforce.

{Content: The reason for Meitu's sharp profit increase is that its product matrix and business model adjustment directly mirror Adobe's successful model}{Content: Meitu primarily targets 'disseminators' who do not seek professional-level users but place more emphasis on ease of use}{Content: Meitu's AI strategy mainly focuses on utilizing generative AI to enhance existing product performance, rather than being deeply integrated into workflows like Adobe}{Content: Meitu faces internal challenges in keeping up with the changing demands of 'disseminator' type user groups}{Content: Meitu aims to achieve this through AI}