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Oriental Selection: Anchor Dong Yuhui resigns; OpenAI directly challenges Google and tests artificial intelligence search function; Baichuan Intelligence confirms financing of 5 billion yuan | Geek Early Knowledge

sunrui2024/07/26

Summary

Apple Maps web version is launched to compete with Google Maps; Microsoft Bing releases AI function update, and AI summary function begins testing; Xiaopeng Motors will hold an AI smart driving technology conference on July 30

Oriental Selection: Anchor Dong Yuhui resigns

Oriental Selection announced on the Hong Kong Stock Exchange that Dong Yuhui has decided to no longer serve as an employee of the company and senior management of a consolidated affiliated entity of the company. The departure is due to Dong Yuhui's career ambitions, his commitment to his other careers and personal time arrangements, and will take effect on July 25, 2024. In addition to paying Dong Yuhui the promised benefits and compensation in full, Yu Minhong, chairman of the board of directors, has sought approval from the board of directors and the board's remuneration committee to distribute all remaining undistributed profits of Yihuixing to Dong Yuhui. In addition, in accordance with the listing rules and the company's articles of association, Yu Minhong has made arrangements for the settlement price of Dong Yuhui's acquisition of Yihuixing. In order to maintain the normal operation of Yihuixing, the company will provide Yihuixing with its self-developed information system free of charge. (Source: Cailianshe)

Apple Maps web version launched to compete with Google Maps

Apple has announced that Apple Maps is now available on the Web through public beta, which means you can now access the service directly from your browser. This launch will put Apple Maps in direct competition with Google Maps, which has long been available on the web. The web version of Maps supports English and is compatible with Safari and Chrome on Mac and iPad, as well as Chrome and Edge on Windows PC. Apple plans to support more languages, browsers, and platforms in the future. Apple Maps is used on the web in a similar way to mobile apps. You can get driving and walking directions; order food through map location cards; browse featured guides and reviews, and more. Apple plans to bring additional features, such as its 360-degree panoramic view "Look Around" feature, to the web version in the coming months. Apple noted that developers can link to Maps on the Web to allow their users to get driving directions, view detailed location information, and more. The launch of the web version of Apple Maps comes 12 years after Apple launched the iPhone service. By expanding Apple's availability, the company hopes to reach more users and compete with Google Maps, which has long dominated the web. (Source: techcrunch)

Microsoft expands AI data center network, announces partnership with Lumen Technologies

IT Home reported on July 25 that Microsoft is continuously expanding its generative AI services such as Copilot for enterprises, organizations, education customers and ordinary consumers, so the company needs more data centers to meet the computing power and network requirements for AI services.

Today, Microsoft announced a new partnership with network systems provider Lumen Technologies to expand the capacity and capabilities of its AI network and will leverage the Microsoft Cloud to further Lumen’s digital transformation.

Microsoft said Lumen's Lumen Private Connectivity Fabric will help the company connect to its growing data centers. Lumen's Private Connectivity Fabric is a custom network that provides Microsoft with existing dedicated fiber networks, as well as new fiber connections on existing and new network paths.

Microsoft also added: As data demands increase, this AI-enabled infrastructure will enhance connectivity between Microsoft datacenters by providing the network capacity, performance, stability, and speed that customers need.

The press release did not reveal any financial information about the new deal, but it did mention that the service could increase Lumen's cash flow by more than $20 million (IT Home Note: currently approximately RMB 145 million) next year.

According to reports, Lumen was actually founded in 1930 and has undergone many changes over the past century. It has also used many different names, such as Century Telephone Enterprise and CenturyLink, and was finally renamed Lumen Technologies in 2020. (Source: IT Home)

LG Energy Solution expects revenue to drop by more than 20% year-on-year this year and will reduce capacity expansion

LG Energy Solution said on July 25 that due to the greater-than-expected slowdown in global demand for electric vehicles, the company's revenue this year will fall by more than 20% from last year, compared with a previous forecast of about 5% growth. LG Energy Solution said it would adjust the pace of expansion of new projects or reduce the scale of investment in some projects while maximizing the use of existing production capacity. The company predicts that the growth rate of the global electric vehicle market will slow from 36% last year to just over 20% this year. LG Energy Solution's stock price fell 2.6% in early trading, hitting a new low since its listing in January 2022. LG Energy Solution's overall net loss in the second quarter was 23.7 billion won. (Source: Interface News)

OpenAI directly challenges Google to test artificial intelligence search function

OpenAI is testing a new set of search features with a small number of users that will provide more timely information and links to cited materials when answering questions. This marks the company's most direct challenge to Google to date. The new feature, called "SearchGPT," will be released in a test version on web browsers, providing users with an independent search experience, and may be added to its most famous product, ChatGPT, in the future. OpenAI declined to disclose the launch date of SearchGPT, but said it will initially be available to users on a waiting list. OpenAI said it is communicating with creators and publisher partners to get feedback on the new tool, and plans to integrate the most successful search features into ChatGPT. (Source: Cailianshe)

Microsoft Bing releases AI feature update, AI summary feature begins testing

According to official Microsoft news, Microsoft Bing invites some users to participate in testing the upcoming AI summary feature.

Bing said that by combining the power of generative artificial intelligence and large language models (LLMs) with search results pages, Bing's generative search can make customized dynamic responses to users' queries. This new experience combines the foundation of Bing search results with the power of large and small language models (LLMs and SLMs). It can understand search queries, review millions of information sources, dynamically match content, and generate search results with new layouts generated by artificial intelligence, thereby more effectively achieving the intent of user queries.

This feature is expected to be officially launched in a few months. (Source: Pinwan)

Baichuan Intelligent confirmed financing of 5 billion yuan, and domestic large-scale models entered the 20 billion valuation era

On July 25, Baichuan Intelligence responded to Phoenix.com Technology and said that the company had indeed recently completed its A round of financing, with a total financing amount of 5 billion yuan, and would start its B round of financing with a valuation of 20 billion yuan. The investors in the A round include Alibaba, Xiaomi, Tencent, Asia Investment Capital, CICC and other leading companies and market-oriented investment institutions, as well as state-owned industrial investment funds such as Beijing Artificial Intelligence Industry Investment Fund, Shanghai Artificial Intelligence Industry Investment Fund, and Shenzhen Capital Group.

Baichuan Intelligence has always adhered to the development strategy of "super model + super application" dual-wheel drive. So far, it has released 12 large models and launched its first AI assistant - Bai Xiaoying in May this year.

In addition, Baichuan Intelligence has always believed that medical care is the "crown jewel of the big model" and the best scenario for creating super applications. As the only leading big model company in China focusing on medical care, Baichuan Intelligence has made phased progress in both AI medical technology and applications. The self-developed general medical enhanced big model has surpassed GPT-4 in multiple authoritative evaluations, and also demonstrated its AI medical application - AI Health Advisor for the first time at the World Artificial Intelligence Conference (WAIC) held in early July.

So far, among the leading large-scale model companies in China, including Baichuan Intelligence, Dark Side of the Moon and Zhipu AI, three large-scale model companies have announced the latest financing news. Among them, Dark Side of the Moon’s latest round of financing has a valuation of US$3 billion (about RMB 21.7 billion). Zhipu AI also received investment from Saudi Aramco in early June this year, and its post-investment valuation reached about US$3 billion. So far, the leading domestic large-scale model startups have entered the era of 20 billion yuan valuation.

However, there is still a gap in valuation between these domestic large-scale model companies and overseas AI startups. Data disclosed at the end of last year showed that OpenAI's valuation exceeded US$80 billion. (Source: Phoenix.com Technology)

Xpeng Motors will hold an AI smart driving technology conference on July 30

According to the official Weibo account of Xiaopeng Motors on July 25, Xiaopeng Motors will hold an AI intelligent driving technology launch conference at 19:30 on July 30. Xiaopeng XNGP is about to usher in the biggest update in history, and Xiaopeng AI Dimensity XOS 5.2.0 will also usher in a new breakthrough.

BYD's driverless all-terrain vehicle patent released

Tianyancha intellectual property information shows that recently, the "all-terrain vehicle" patent applied by BYD Co., Ltd. was announced. The abstract and description show that a first placement space for placing a power module is provided in the frame of the all-terrain vehicle, and the power module is suitable for being connected to the wheels to provide power; the top cover is located on the top of the frame, and is provided with an air inlet and an air outlet, and the air inlet and the air outlet are respectively connected to the first placement space. Providing the air inlet and the air outlet on the top cover can increase the height of the air inlet and the air outlet from the ground, thereby increasing the wading depth of the all-terrain vehicle. The all-terrain vehicle of the present invention is an unmanned vehicle, and a fence is provided on the top cover. In this way, the elimination of the cab setting can further improve the wading ability of the all-terrain vehicle, and facilitate the simplification of the upper structure of the all-terrain vehicle, reduce weight and cost, and increase cargo loading space. (Source: Interface News)

Bloomberg releases 16 AI startups worth watching in 2024: OpenAI and Zero One Everything are on the list

Bloomberg released its 2024 AI Emerging Companies Ranking, including the 10 largest, most important, and best-funded startups to watch in 2024, as well as the six most important up-and-coming companies in the industry.

These 10 companies include: OpenAI, Anthropic, the world's first-tier large language model technology company, multimodal company Suno, AI search engine Perplexity, open source large model company Mistral, Musk's chatbot xAI, data platform Scale AI, enterprise-level model Cohere, cloud computing service provider CoreWeave, and speech generation software ElevenLabs.

These six cutting-edge AI companies include: Cognition AI, Helsing, Imbue, Safe Superintelligence, 01.AI, and Covariant.

Among them, 01.AI is the only Chinese AI startup on the list. The list commented: As the competition between China and the United States in artificial intelligence becomes increasingly fierce, many people are paying attention to 01.AI. The Chinese startup was founded by technology pioneer Kai-Fu Lee and has received a valuation of $1 billion in just a few months. Its newly launched 100 billion parameter model Yi-Large is now considered by some to be one of the world's top artificial intelligence models.

It is reported that this list is the second time Bloomberg has released a ranking of emerging artificial intelligence companies after June 2023. (Source: TechWeb)

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