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Intel announces 15,000 layoffs

Intel's financial report shows that the company's revenue fell 1% year-on-year in the second fiscal quarter ending June 29. The company recorded a net loss of US$1.61 billion in the quarter, compared with a net profit of US$1.48 billion in the same period last year.

After releasing its financial data, Intel announced plans to lay off 15% of its employees, or about 15,000 people. The company also said it would not pay a dividend for the fourth quarter of fiscal 2024, the first time it has suspended dividends in 32 years.

Intel CEO Pat Gelsinger said: "In short, we must align our cost structure with the new operating model and fundamentally change the way we operate. Our revenue has not grown as expected, and we have not fully benefited from powerful trends such as artificial intelligence. Our costs are too high and our profits are too low." (Source: Sina Finance)

Apple releases financial data, revenue in Greater China declines

On August 2, Apple released its third quarter results for fiscal year 2024. The financial report showed that Apple's revenue in the third quarter was US$85.78 billion, a year-on-year increase of 4.9%; net profit was US$21.45 billion, a year-on-year increase of 7.9%.

Among them, iPhone business revenue decreased by 0.94% compared with the same period last year; the company's revenue in Greater China in the third fiscal quarter was US$14.73 billion, a year-on-year decrease of 6.5%. (Source: 36Kr)

BYD's sales in July exceeded 340,000 units

On August 1, BYD released its July production and sales report, with total sales reaching 342,383 vehicles, compared with 262,161 vehicles in the same period last year, a year-on-year increase of 30.5%.

Among them, the sales volume of pure electric models decreased slightly compared with the same period last year, but the sales volume of plug-in hybrid models increased by 66.87% year-on-year.

As of the end of July, BYD's cumulative sales in 2024 exceeded 1.95 million vehicles, a year-on-year increase of 28.83%. (Source: IT Home)

Musk: BYD needs to change lanes quickly, otherwise there will be trouble

On August 1, BYD announced that it had reached a long-term strategic partnership with Uber, the global leader in online ride-hailing. Subsequently, Tesla CEO Musk expressed his opinion on the matter: BYD needs to change direction quickly, otherwise they will be in trouble.

According to the statement, the cooperation between the two parties will first be launched in Europe and Latin America, and then expand to markets such as the Middle East, Canada, Australia and New Zealand. Through cooperation, the two parties aim to reduce the total cost of electric vehicle ownership for Uber drivers, accelerate the popularization of electric vehicles on the global Uber platform, and bring a more environmentally friendly travel experience to millions of passengers. (Source: IT Home)

Boeing's Starliner program lost an additional $125 million, and could lose more in the future

According to documents filed by Boeing with the U.S. Securities and Exchange Commission (SEC), the company has estimated an additional loss of $125 million for the Starliner project.

Boeing also informed investors in the document that the Starship project has incurred an additional cost of $238 million due to its participation in NASA's manned flight program, so more losses may occur in the future. (Source: Sina Finance)

Google launches Chrome AI features

On Thursday, Google announced three new AI features for Chrome, including Google Lens, a tab-based comparison shopping assistant, and natural language-integrated search history. These features are powered by Gemini technology and are available for the desktop version of Chrome.

These new features are designed to enhance the user's browsing experience, making it smarter and more convenient. (Source: Sina Technology)

Huawei's first MPV model spy photos exposed

Recently, a camouflaged MPV model appeared outside Huawei Research Institute, which is expected to be Huawei's first MPV model.

As can be seen from the picture, the car has slogans such as "Say Bye Bye to Traditional MPVs", "MPVs Have Air Suspension", "Immersive Sound", and "Open a Cinema" written on the body of the car, which are expected to be the selling points of the car.

According to the information revealed by Yu Chengdong, Huawei's executive director, chairman of the Terminal BG, and chairman of the Intelligent Automotive Solutions BU in a live broadcast a few days ago: the smart car brand jointly developed by Huawei and JAC Motors is named Zunjie, which will enter the million-yuan-level sedan and MPV market, and the relevant models will be produced on the JAC X6 platform.

In addition, at the 2024 Beijing Auto Show in April this year, GAC Trumpchi announced a joint innovation plan with Huawei, which will be equipped with Huawei Qiankun Intelligent Driving System ADS 3.0 and the new generation of Hongmeng cockpit. (Source: IT Home)

The international version of the game "Fortnite" will soon be localized in Chinese, and the Chinese version will be launched on the Epic Games Store

Recently, the B station account "Fortnite International Server" released its first video, revealing that "Fortnite" International Server will soon be localized and will meet Chinese players through the Epic Games Store.

"Fortnite" is an online battle royale game developed by Epic Games, which is well-known in Europe and the United States. As of November 2018, the entire series has more than 200 million registered players. In November 2023, the number of monthly active players of "Fortnite" exceeded 100 million. (Source: IT Home)

Research institute: All high-quality text data will be used up by 2028

Recently, The Economist magazine published an article titled "AI companies will soon exhaust most of the Internet data", pointing out that with the depletion of high-quality Internet data, the AI ​​field is facing a "data wall". For AI big model companies, the challenge now is to find new data sources or sustainable alternatives.

Research firm Epoch AI predicts that all high-quality text data on the Internet will be used up by 2028, and machine learning datasets may exhaust all "high-quality language data" by 2026. Researchers point out that training future generations of machine learning models with datasets generated by artificial intelligence (AI) may lead to "model collapse." (Source: cnBeta)

*Photo source: Visual China

Musk: Can the next me appear in China? You must learn to question what you have learned.

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