Against the backdrop of rapid development in artificial intelligence, iFLYTEK and several enterprises jointly established the 'Anhui Kexun Artificial Intelligence Venture Capital Fund Partnership (Limited Partnership)' on December 16. The fund has a total investment of 500 million RMB, aiming to support and promote innovation and development in the field of artificial intelligence. According to data from the Tianyancha App, the managing partner of this newly established investment fund is Hefei Kexun Innovation Information Technology Partnership (Limited Partnership). Its business scope is extensive, covering equity investment and investment management for private equity funds.

AI drug development company Genesis Therapeutics recently announced that it has secured additional investment from Nvidia's venture capital arm, NVentures, though the specific amount remains undisclosed. This move marks a further deepening of the collaboration between the two parties, aimed at accelerating the development of Genesis's AI platform GEMS (Genesis Exploration of Molecular Space), which focuses on utilizing physics-based AI for structure-driven drug design.

Recently, U.S. presidential candidate Donald Trump, alongside SoftBank Group CEO Masayoshi Son at his Mar-a-Lago resort in Florida, announced a plan for SoftBank to invest $100 billion in U.S. projects over the next four years. This major investment is expected to focus on the development of artificial intelligence. Image source note: The image was generated by AI, with licensing provided by Midjourney. During the announcement, Trump stated that SoftBank's investment reflects tremendous confidence in America's future. He mentioned that since his election, many have expressed hopes to invest in...

Colin Angle, co-founder of the renowned Roomba vacuum maker iRobot, is raising funds for his new home robotics startup Familiar Machines. According to documents filed with the SEC, Familiar Machines is aiming to raise $30 million and has already secured $15 million from eight investors. Image source note: The image is AI-generated and licensed from service provider Midjo.

According to the Globe and Mail, the Canadian federal government is considering introducing incentives of up to CAD 15 billion to encourage major domestic pension funds to invest in AI data centers powered by green energy. This proposal was made during private consultations with pension funds and may be considered as part of the government's fall economic statement. Image source note: Image generated by AI, image authorized by service provider Midjourney. With the rapid development of AI technology, platforms like OpenAI's ChatGPT.

According to the Qichacha APP, China Life (601628) has recently applied to register a trademark for 'AI Large Model Service Platform', classified under financial management, and the current trademark status is 'application in progress'. Previously reported, the Guoshou Investment GPT platform under China Life's Guoshou Assets has launched various office assistants including multi-model experience officers, customer panoramic insights, intelligent document Q&A, AI search, company policy Q&A, and voice cloning, among others, continuously expanding the capabilities of large models and flexibly combining them to achieve business goals.

The competition in TV software is shifting towards advertising. TV manufacturers are increasingly keen on leveraging TV operating systems (OS) for ad placements and user tracking, leading to bold new strategies such as advertising technology companies launching TV OS and displaying ads on TV screensavers. TCL, as a TV manufacturer, is set to premiere a series of shorts on its free streaming service. This marks the company's new attempt at monetizing TV users and film production, relying on generative AI and targeted advertising.

In the race for global digital infrastructure, Meta is quietly scripting an astonishing infrastructure plan. This tech giant is set to invest over $10 billion in building a submarine cable network that spans the globe, with ambitions and scale that are noteworthy. This 40,000-kilometer-long submarine cable is not just an ordinary communication project; it represents Meta's significant strategic layout in the global digital infrastructure sector. Unlike before, this time Meta will be the sole owner and user of this cable, marking a first in the company's history.

According to a recent survey, more and more US companies are moving from testing artificial intelligence (AI) to full implementation. The survey, conducted by US venture capital firm Menlo Ventures between September and October 2024, involved 600 IT decision makers and revealed that the total AI investment in the US reached $2.3 billion in 2023, skyrocketing to $13.8 billion in 2024, marking a sixfold increase. The participants came from companies with at least 50 employees, indicating that AI is gradually

OpenAI recently announced a $1.5 billion stock buyback plan aimed at SoftBank. This plan is a continuation of SoftBank's investment after recently injecting $6.6 billion into OpenAI, which is now valued at $157 billion. According to insider sources, this transaction was driven by SoftBank's founder and CEO Masayoshi Son, who aims to acquire a larger stake in OpenAI. This financing not only provides SoftBank with an opportunity to increase its holdings in OpenAI.

Recently, OpenAI CEO Sam Altman has been actively pushing for a financing round of up to $150 million to support semiconductor startup RainAI. This initiative aims to challenge NVIDIA in an effort to capture a share of the artificial intelligence hardware market. RainAI's valuation has risen to $600 million in this financing, highlighting its growing impact in the field of high-performance and energy-efficient semiconductors. Image source note: The image is AI-generated.

Recently, Lenovo Group announced its financial report for the second quarter of the 2023 fiscal year, showing that the company continues to maintain growth momentum supported by strong sales of smart devices. For the three months ending in September, Lenovo's net profit increased by 44% year-on-year to $359 million, slightly surpassing analysts' expectations of $355 million. As the world's largest personal computer manufacturer, Lenovo's ongoing investments in artificial intelligence technology are gradually showing results. Company executives stated that they are committed to launching AI-powered personal computers.

According to a study by IDC, 92% of enterprises are actively leveraging AI technologies to enhance productivity, customer engagement, revenue growth, cost management, and product innovation across multiple key areas. This study was commissioned by Microsoft and titled 'The Business Opportunities of AI'. The report shows that as enterprises invest in AI, their return on investment (ROI) significantly improves. The research indicates that the adoption of generative AI is rapidly expanding, expected to rise from 55% in 2023 to 75% in 2024. Currently, businesses are...

According to the latest forecast from research firm IDC, global spending on artificial intelligence (AI) technologies is expected to reach $337 billion by 2025, and this figure is projected to double to $749 billion by 2028. As IT leaders across industries continue to drive the implementation of AI strategies, future application scenarios will be increasingly diverse. Image source credit: Image generated by AI, image provided by licensing service provider Midjourney. In line with this trend, more and more companies are starting to experiment with generative AI.