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Source: Cover News

TCL Huaxing plans to acquire LGD's Guangzhou factory with its own or self-raised funds

TCL Technology issued an announcement, announcing that its holding subsidiary TCL Huaxing has become the preferred bidder for the equity bidding of LGD's 8.5-generation LCD factory in Guangzhou. The assets to be acquired this time are 70% equity of LG Display (China) Co., Ltd. and 100% equity of LG Display (Guangzhou) Co., Ltd. TCL Huaxing will conduct exclusive negotiations with the seller on this transaction and agree on a transaction agreement. If a final transaction agreement is reached, TCL Huaxing is expected to use its own or self-raised funds for the acquisition, which will be subject to actual implementation.

Giant Network releases multi-agent large model AI native gameplay

Giant Network's reasoning party mobile game "Space Killer" today released a new gameplay "AI Endgame Challenge", which was jointly developed by Giant Network's AI Laboratory and the "Space Killer" project team. It is the industry's first AI native game play based on the Multi-Agent Large Model (Multi-Agent LLM). It is reported that the Multi-Agent Large Model (Multi-Agent LLM) combines the powerful language processing capabilities of the Large Language Model (LLM) and the collaborative characteristics of the Multi-Agent system to achieve autonomous decision-making and interaction of agents in complex environments.

Apple: Revenue in the third quarter of fiscal year 2024 was US$85.78 billion, a year-on-year increase of 4.9%

Apple released its third quarter results for fiscal year 2024. The financial report shows 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%. The company's revenue in Greater China in the third quarter was US$14.73 billion, a year-on-year decrease of 6.5%.

The U.S. Department of Justice is reportedly investigating Nvidia's acquisition of Run:ai

The U.S. Department of Justice is investigating semiconductor company Nvidia’s acquisition of artificial intelligence startup Run:ai on antitrust grounds, according to people familiar with the matter. The two companies announced the deal in late April but did not disclose the transaction price, although it was reported to be $700 million.

Samsung participates in new funding round for security and AI startup Protect AI

Security and artificial intelligence startup Protect AI Inc. has raised $60 million from investors betting that the intersection of AI and security will be big business. The round, led by Evolution Equity Partners, values ​​the startup at $400 million. This brings the company's post-money valuation to $460 million.