At the 2024 Baidu World Conference held at the Shanghai Expo Center, Li Yanhong, founder, chairman, and CEO of Baidu, announced an impressive achievement: the daily call volume of the Wenxin large model has exceeded 1.5 billion, a figure that has grown by more than 7.5 times in the past six months.

Recently, OpenAI announced an important personnel appointment, naming former U.S. Chief Economist Aaron Chatterji as the company's first Chief Economist. This former economist who worked under President Joe Biden will provide an economic perspective to OpenAI's research, focusing on the impacts of artificial intelligence (AI) on economic growth and employment prospects. Chatterji has a rich background in government work and previously served as a senior member of President Barack Obama's Council of Economic Advisers.

Recently, consulting firm Accenture released a new research report indicating that the UK's potential in generative artificial intelligence (AI) far exceeds that of other developed countries. The report shows that if this technology can be effectively utilized, the UK's economic growth could nearly double. Source note: The image is generated by AI, image licensed by service provider Midjourney. The report emphasizes that the greatest opportunity for generative AI lies in enhancing productivity, especially in the public sector. For instance, doctors could save up to five working hours each week, while business sales representatives may reduce their...

In the field of artificial intelligence, the startup Anthropic has recently made an exciting announcement. According to a latest report from CNBC, the company is expected to reach $1 billion in revenue this year, with an impressive annual growth rate of 1000%. This massive increase has shocked the entire industry, indicating strong demand for AI technology. Notably, 60% to 75% of Anthropic's revenue comes from the use of third-party application programming interfaces (APIs). This demonstrates

In the face of an unclear global economic situation, CEOs in Australia and around the world are increasingly enthusiastic about investing in generative artificial intelligence (Gen AI). This is the result of KPMG International's annual CEO outlook survey. According to the survey, 58% of Australian CEOs and 64% of global CEOs believe that generative AI is an important area for investment. The report also indicates that despite economic challenges, CEOs are optimistic about the future growth of their companies.

Goldman Sachs mistakenly attributed the decline in OpenAI's ChatGPT traffic to data analysis errors, failing to notice that domain changes distorted traffic statistics, which raised concerns in the market about the outlook for AI stocks. In reality, Similarweb data shows that the number of ChatGPT users has increased by 66.2% over the past year, making it the most popular generative AI application. OpenAI announced that its weekly active users have reached 200 million, doubling from 2022, with rapid growth in enterprise business and a continuous rise in API usage demand.

The rapid development of AI technology has propelled GPUs to become a hot commodity worldwide, with Nvidia reporting significant growth in the second quarter, exceeding $30 billion in revenue. However, powerful GPUs require adequate data centers to support the AI demand. Nvidia, along with partners, is investing $160 million in Applied Digital to expedite the construction of data centers in North Dakota, aiming to provide data center and cloud services around Nvidia's GPUs. The construction of data centers is crucial, as GPUs are expensive.

Reddit, known for its vast user community and rich data resources, has opened up new revenue streams through data licensing. The platform hosts over 100,000 active communities, attracting 76 million users daily and generating a massive amount of data that includes real-time discussions, opinions, and interactions, which is highly valuable for AI and machine learning model development. With the rapid advancement of AI technology, Reddit's data has become a key resource for training AI models. In 2023, Reddit launched its data licensing program, which is expected to grow significantly in 2024.

Dell Technologies Group's second-quarter fiscal report for 2025 demonstrates strong performance, with total revenue reaching $25.026 billion, a year-over-year increase of 9%. The Infrastructure Solutions Group performed impressively, generating $11.6 billion in revenue, a 38% increase, with server and networking revenue jumping 80% to $7.7 billion. However, the storage business reported revenue of $4 billion, down 5%. The Client Solutions Group's revenue was $12.4 billion, reflecting a 4% year-over-year decline. Demand in the AI sector continues to climb, with demand for AI-optimized servers at $3.2 billion, a 23% quarter-over-quarter increase.

The report 'How Innovative is China in the Field of AI?' provides a comprehensive assessment of the development status of China's artificial intelligence sector, offering a comparison with the United States. It highlights that China has become a leader in global AI research publications and is on par with the US in the field of generative AI. China ranks first in the world for the number of papers published in this area and leads in patent numbers over the US. In terms of talent cultivation, Tsinghua University is seen as a breeding ground for AI startups, demonstrating China's leading position in top AI talent. The technical strength of China's large models is rapidly improving, narrowing the performance gap with the US.

In 2023, China's AI public cloud service market showed strong growth, reaching a scale of 12.61 billion yuan, a year-on-year increase of 58.2%. Large models play a key role in driving innovation in generative AI applications and the implementation of traditional AI applications. Baidu Intelligent Cloud and Alibaba Cloud rank first in the market, with Tencent Cloud following closely behind, and Huawei Cloud in third place, indicating fierce market competition. The report pays special attention to market services such as computer vision, conversational AI, and intelligent voice, in which Tencent Cloud, Baidu Intelligent Cloud, and Alibaba Cloud dominate. In addition, natural language...

Lenovo Group reported impressive performance in its Q1 FY2024/25 earnings report released today. As of June 30, 2024, the quarterly revenue reached 111.9 billion RMB, a 20% increase compared to the same period last year; according to non-Hong Kong financial reporting standards, net profit approached 2.3 billion RMB, achieving a remarkable 65% year-on-year growth. Furthermore, the revenue share from non-PC businesses reached a record 47%.

On August 12, the e-commerce platform 1688 announced the launch of a new initiative called 'Efficiency Improvement and Revenue Increase', designed specifically for source manufacturers in industrial belts to aid in their business growth and efficiency enhancement. As part of this initiative, 1688 will offer merchants a free 'AI Business Assistant' service to help new merchants ensure a stable order volume, number of customers, and reasonable profit margins.

India's technology outsourcing sector is facing challenges brought about by artificial intelligence (AI), as the rise of AI could lead to significant job losses, affecting an industry that contributes 8% to the Indian economy. In the past year, the industry added only 60,000 jobs, marking a ten-year low, while the total number of employees in three major tech companies decreased by over 60,000 during the same period. The labor intensity of the industry is decreasing, with the number of employees required to generate $1 million in annual revenue dropping from 27 to 21, indicating that AI may exacerbate this trend. Indian outsourcing companies are actively responding by training employees to adapt to the future demand for advanced skills.

A survey by Google Cloud and the National Research Group highlights the significant impact of generative AI on enterprise ROI. Among global companies surveyed, 61% adopted generative AI, with 74% achieving returns within a year and 86% reporting revenue growth exceeding 6%. AI is seen as a key driver of business growth, particularly in customer service, productivity enhancement, and process optimization, leading to a 45% overall productivity incr....

AMD's Q2 sales show strong performance in the data center market, with Instinct MI300X GPU sales exceeding $1 billion and projected to generate over $4.5 billion in FY2024. Data center revenue rose 115% year-on-year to $2.8 billion, nearly half of total revenue. However, gaming revenue fell 59% due to decreased demand for Microsoft and Sony consoles. AMD expects continued decline in gaming revenue in Q3, but growth in data center and client produ....

At the World Artificial Intelligence Conference in Shanghai, Alibaba Cloud CTO Zhou Jingren announced the latest developments of the Tongyi Large Model and the Alibaba Cloud Baoyan Platform. The download volume of the Tongyi Qianwen open-source model has doubled in two months, exceeding 20 million times. At the same time, the number of clients using Alibaba Cloud Baoyan services has increased from 90,000 to 230,000, achieving a growth of over 150%.Zhou Jingren emphasized Alibaba Cloud's commitme