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Alexander Beckman, co-founder and former CEO of Silicon Valley AI startup GameOn, and his lawyer wife, Valerie Lau Beckman, have recently been indicted by federal prosecutors on multiple fraud charges. They are accused of deceiving investors and the company by falsifying financial statements and other means from 2018 to 2024, involving more than $60 million.

Tencent Cloud announced a strategic partnership with the S.M.A.R.T Entrepreneurs Association in Singapore, aimed at accelerating the deployment of smart digital humans in the Southeast Asian market. The S.M.A.R.T Entrepreneurs Association focuses on assisting global entrepreneurs and senior management teams in building global intelligent enterprises, achieving business transformation and digital transition, and promoting mutually beneficial international business cooperation.

Entrepreneurs should possess faith in AI and not treat new things with past experiences. Zhou Hongyi emphasizes multiple times that AI will disrupt everything, thus focusing on the future and not being confined to existing models.

Zhujian Intelligence has announced the suspension of operations, with rumors suggesting a hiatus of up to six months. However, senior management stated that this applies only to the loss-making business units. The suspension aims to optimize business direction in response to cash flow pressures and ensure long-term sustainable growth. Zhujian Intelligence is an AI technology provider, and this move reflects the challenges faced by AI startups. Other AI companies like ElevenLabs have become unicorns, and Reddit signed a $60 million content licensing agreement. The UK House of Lords committee is urging ministers to protect the interests of content creators to prevent the misuse of AI technology.

PhotoRoom founder Matthieu Rouif emphasizes the importance of staying focused, achieving a $50 million ARR in three years, and a valuation of $500 million. From GoPro to PhotoRoom, Matthieu's experience in the image application industry provides deep insights for entrepreneurship. McDonald's testing became an early user research method for PhotoRoom, allowing for rapid product iteration through user dialogue. AI entrepreneurship requires a long-term perspective, and PhotoRoom has found a unique positioning in the competition by segmenting scenarios.

Dropped out at 19 to start a business, received $5 million in investments from NEA and Sequoia, joined Y Combinator to help it become a business empire, ultimately forced out by partners, created OpenAI, secured a $13 billion investment from Microsoft, and successfully reinstated after being dismissed by the board.

The resignation of OpenAI's founder as CEO has ignited an internal power struggle. AI entrepreneurs in both China and the U.S. are under pressure to become profitable, with significant differences in the investment markets. The era of large models presents new challenges for entrepreneurs, as the survival space for independent apps shrinks. Investors are focusing on different segments: application layers are gaining attention in China, while the investment market in the U.S. is booming. The differences in AI entrepreneurship between China and the U.S. stem from the maturity of large models and the activity level of the investment markets.

OpenAI's first developer conference stunned entrepreneurs with new content on multimodal models, price reductions, GPTs, and more. Startup companies are filled with anxiety as investors begin to question entrepreneurs, stating that differentiation is significantly lower than OpenAI, sparking heated discussions about the future of the large model industry.

Make Startups has launched an AI software called CoFounderOS to assist new entrepreneurs in smart entrepreneurship. CoFounderOS integrates various features, including entrepreneurial advice, market analysis, and business planning. This software provides personalized guidance at any time, without the need for appointments or face-to-face meetings.

1. The explosion of large models has attracted many entrepreneurs eager to get a piece of the pie. 2. Entrepreneurs developing plugins face the risk of being marginalized, with real opportunities lying in vertical fields. 3. However, vertical fields also have barriers, and entrepreneurs with limited resources face greater risks. 4. Increasingly strict regulations mean high compliance costs, and entrepreneurs have limited capacity to bear these. 5. Although there appear to be many opportunities, the actual challenges are significant, leaving entrepreneurs' prospects uncertain.

Wang Huainan believes that the battle for large models is basically over, and China should seize the opportunity to create vertical Copilot applications. He is developing an oral history product called 'Ru Xi' to help everyone easily complete their personal history. The goal of the oral history project is to have a Sima Qian beside everyone, marking a historical moment where everyone can leave their mark. Wang Huainan will collaborate with his friend Lu Qi on this project, as they believe it concerns all of humanity and has an idealistic tone. Wang Huainan thinks that Sam Altman's entrepreneurial qualities are what have brought OpenAI to where it is today.

Jing Kun and Zhu Kaihua previously served as CEO and CTO of Xiaodu Technology, respectively. Jing Kun is known as the 'Father of Xiaobing'. Both have experience in software and hardware integration and specialize in voice interaction. Their planned startup aims to leverage large model technology to create an integrated voice interaction solution.

Nemo Yang, a post-00s Chinese entrepreneur, founded Kinesys AI and launched the large model middleware Cortex, which has attracted considerable interest from investors. Cortex enables quick integration of large model APIs and data interface access, saving AI developers a significant amount of time. Startups in the large model middleware space, such as LangChain and LlamaIndex, have also secured investments from Silicon Valley firms. Due to the high technical barriers, competition in the large model middleware field is not intense, making it a promising niche industry. The market for large model middleware is vast and is expected to facilitate the deployment of AI applications.

1. Don't FOMO or JOMO; stay calm amidst the noise and be aggressive in calmness. 2. Successful AI companies need to build a data flywheel. 3. Vertical models with professional barriers may be opportunities.

Adept AI, an AI company founded by Chinese entrepreneurs, has developed a universal operating tool using generative AI technology, allowing users to complete various operations and tasks through voice or text commands. The founding team of Adept AI includes the proposers of Google's Transformer architecture and well-known scholars, and has secured investments from notable figures including LinkedIn founder Reid Hoffman and Tesla's head of autonomous driving, Andrej Karpathy.