Search AI Products and News

As the challenges and pressures faced by the banking industry in digital transformation intensify, more and more banks are beginning to integrate large model technology into their core businesses, rather than simply relying on chatbot applications. The latest financial reports show that some major domestic banks have made significant progress in technology investment and large model applications, but also reveal a trend of differentiated investment. According to an analysis of ten major banks by Titanium Media App, including the six major state-owned banks and several joint-stock banks, six of them have seen a reduction in technology investment. For example,

At this year's World Economic Forum in Davos, numerous business and political leaders gathered, largely agreeing that US tech giants dominate the Artificial Intelligence (AI) landscape, with China and Asia seemingly lagging behind. However, in the wake of the event, this perception is being challenged. First, a previously unknown Chinese hedge fund, DeepSeek, has captured global attention. Its AI division has launched a large language model called R1,

The Beijing Artificial Intelligence Industry Investment Fund recently announced an additional investment of 200 million RMB in Beijing Zhipu AI Technology Co., Ltd. (Zhipu). According to the fund, Zhipu is the first AI large language model company invested in since the fund's establishment and is one of the fastest-growing companies in the field. Zhipu has accumulated deep expertise in model development across text, reasoning, speech, image, video, and code, and boasts a robust commercialization strategy, having established a developer community and enterprise user base exceeding one million. This investment aims to further support Zhipu's growth and development.

Amidst the rapid advancement of artificial intelligence, a significant strategic deployment concerning the future AI infrastructure is quietly unfolding. Sources reveal the UK is emerging as a prime contender to host a new overseas AI infrastructure project jointly developed by OpenAI and SoftBank, a development that has captured significant attention within the global tech community. This massive data center initiative, dubbed Stargate, boasts a staggering $500 billion investment, representing a colossal undertaking in the history of AI infrastructure. Although the project will initially be entirely based in the US,

Qichacha APP shows that recently, Shanghai Zhiyuan Xinchuang Technology Co., Ltd., an affiliated company of Zhiyuan Robotics, has undergone a business registration change. Guangxi Tencent Venture Capital Co., Ltd.'s stake has increased from approximately 2.06% to approximately 2.7%. Qichacha information shows that the company was established in 2023, with Deng Taihua as the legal representative, and is currently jointly held by Sangpeng (Shanghai) Technology Partnership (Limited Partnership) and others.

China recently announced a 60 billion RMB (approximately $82 billion USD) national fund dedicated to investing in early-stage artificial intelligence (AI) projects. This move demonstrates Beijing's commitment to fostering the AI industry and aims to further elevate China's position in the global technology competition through government-led investment. According to Zhang Jianhua, an official from the Ministry of Industry and Information Technology, speaking at a conference in Shenzhen, the "National AI Investment Fund" was established in January this year under the joint guidance of industrial and financial departments. The fund's...

In a recent annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's significant investment in artificial intelligence (AI). He noted that while the development and deployment costs of AI remain high, future AI usage costs are expected to decrease significantly as technology advances. Image Note: Image generated by AI, image licensing provider Midjourney. Jassy revealed that Amazon plans to invest up to $100 billion in capital expenditures in 2025.

Quantum artificial intelligence startup SandboxAQ announced the successful completion of its Series E funding round, raising $450 million. This round attracted investment from industry giants including Google, Nvidia, and BNP Paribas, bringing SandboxAQ's total funding to $950 million. The company stated that the funds will be used to accelerate the development of its large quantum models and foster collaborations across various industries. Image note: Image generated by AI, image licensing provider Midjourney.

According to AIbase, Google's parent company Alphabet has reaffirmed its $75 billion capital expenditure plan for 2025 in recent earnings calls and public statements. This underscores Google's continued commitment to infrastructure development, particularly in maintaining its leadership position in Artificial Intelligence (AI). The massive investment focuses on AI computing power. As a global tech giant, Google's capital expenditure plans are closely watched by the industry. AIbase analysis indicates that the reiterated $75 billion...

Alphabet Inc., Google's parent company, recently reaffirmed its capital expenditure plan of approximately $75 billion for 2023. This investment aims to expand data centers and acquire necessary chips and servers to support core business enhancements and the development of artificial intelligence (AI) services. Sundar Pichai, Alphabet's CEO, detailed the plan at Google Cloud's annual conference. Image note: Image generated by AI, image licensing service Mi.

Andreessen Horowitz (a16z) is reportedly planning to raise a massive $20 billion fund, significantly bolstering its already substantial investments in the artificial intelligence sector.

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.

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...

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.

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...

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).