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.

Today, Baidu officially released its financial report for the fourth quarter and the entire year ended December 31, 2024. The data shows that in the fourth quarter of 2024, Baidu achieved revenue of 34.1 billion yuan, a year-on-year decline of 2%; total annual revenue reached 133.1 billion yuan, down 1% year-on-year. The net profit attributable to Baidu for the fourth quarter was 5.2 billion yuan, with a non-GAAP net profit of 6.7 billion yuan; the total annual net profit attributable to Baidu was 23.8 billion yuan, with a non-GAAP net profit of 27 billion yuan.

Artificial intelligence company Anthropic recently released its financial forecast for the coming years, showcasing impressive growth potential. According to informed sources, after experiencing a cash outflow of $5.6 billion last year, Anthropic plans to reduce this amount by nearly half by 2025, while expecting revenue to reach $3.7 billion that year. Achieving this goal means that Anthropic is continuously narrowing the gap in competition with industry leader OpenAI.

Recently, the two giants in the education training industry—TAL Education and New Oriental—have released their mid-term financial reports for FY2025, showcasing their market performance and development strategies. These reports not only reflect the operational status of the companies but also serve as important indicators of the industry's future direction. TAL Education's net revenue for Q3 of FY2025 reached $606.4 million, a 62.4% increase from $373.5 million in the same period last year. The company's gross profit also rose by 59.6% year-on-year, reaching $319.8 million, successfully turning a profit.

Wall Street is closely watching Meta Platforms (META) for its aggressive push into artificial intelligence (AI) and its dominant position in digital advertising. The tech giant's early investments in AI infrastructure are seen as a strong engine for long-term growth, with some analysts even setting lofty price targets between $650 and $800 per share. Over the past year, Meta's revenue grew by 23% year-over-year, reaching $156.23 billion. Additionally, its operational efficiency remains impressive, boasting a return on equity of 36%.

Baidu announced today its financial report for the third quarter of 2024. The data shows that the company's total revenue reached 33.6 billion yuan in the three months ending September 30, a decrease of 3% compared to the same period last year. In terms of net profit, Baidu's net profit attributable to the company was 7.6 billion yuan, while the net profit calculated according to non-GAAP was 5.9 billion yuan.

Kuaishou Technology announced in its third-quarter earnings report for 2024 that the company's revenue reached 31.13 billion RMB, a year-on-year increase of 11.4%, exceeding market expectations of 31.03 billion RMB. The adjusted net profit was 3.9 billion RMB, an increase of 24.4% year-on-year, demonstrating the company's strong growth momentum. In the earnings conference call, Kuaishou Technology's founder and CEO Cheng Yixiao shared the company's latest developments in the field of artificial intelligence large models.