During the metaverse boom in 2021, Alibaba Group Holding Limited established a wholly-owned subsidiary called “YuanjingOS” with a registered capital of 10 million RMB to focus on metaverse-related businesses. Three years later, Alibaba YuanjingOS – a team that once invested several billion yuan and had hundreds of employees – underwent large-scale layoffs. Many employees reported […]
On October 31, 2024, OnePlus officially launched its annual flagship OnePlus 13. As the flagship masterpiece of the new decade for the OnePlus brand, the OnePlus 13 debuts with multiple exclusive performance black technologies and industry-leading technologies, breaking industry norms. It is a product that excels in design, performance, screen quality, imaging capabilities, and battery […]
AISphere announced that its latest version of the video generation large model PixVerse V3 has been globally launched simultaneously. This version has significantly improved capabilities at the underlying model level, providing multimodal generation capabilities including creative templates, mouth shape matching, story continuation, and style conversion, as well as rich AI gameplay. PixVerse V3 version is […]
The cross-border leader Anker Innovation is actively recruiting and preparing to make further progress in the field of humanoid robots. On October 30th, a source close to Anker Innovation confirmed to reporters that Anker Innovation has formed a team for humanoid robots, led by Liu Fang, former head of production at Xiaomi‘s smart driving division. […]
On October 30, the crew of Shenzhou-19 spacecraft successfully entered the “Tiangong” space station, marking the fifth “space rendezvous” of China’s space station. So far, astronauts born in the 1970s, 1980s, and 1990s have gathered in the “Tiangong”. The crew of the Shenzhou 19 manned spaceflight mission is composed of “post-70s” astronaut Cai Xuzhe, “post-90s” […]
According to Xpeng Aeroht, the “Land Aircraft Carrier” Modular Flying Car will make its debut at the 2024 China Airshow. On November 12th, it will have its first public flight at the Lianzhou Exhibition Area in Doumen; meanwhile, the “Land Aircraft Carrier” will also be on static display at Hall 8 of Zhuhai International Airshow […]
Chinese artificial intelligence startups are trying to enter the US market and achieve rapid revenue growth. Shanghai-based MiniMax has made significant commercial progress in the past year. According to media reports, MiniMax’s revenue this year is expected to reach around $70 million. This is a high forecast for AI startups that have struggled with commercialization. […]
Leveraging extensive insights into brain function and memory, the internal AI team at the Tianqiao & Chrissy Chen Institute (TCCI) has made significant strides in artificial intelligence with their OMNE Multiagent Framework. This innovative framework has secured the leading position on the GAIA (General AI Assistants) benchmark leaderboard, co-launched by Meta AI, Hugging Face, and […]
The commercialization of KLING AI has made phased progress, with revenue possibly reaching tens of millions and internal team celebrations. It is currently uncertain whether the main source of income for KLING AI comes from consumers or APIs. KLING AI is a large-scale video generation model developed by the Large Model Team at Kuaishou. KLING […]
ByteDance’s Zhang Yiming Becomes the First Self-Made Chinese Billionaire Born in the ’80s – Pandaily
On Tuesday, the Hurun Research Institute released the 2024 Rich List. 1,094 entrepreneurs with personal wealth above 5 billion yuan made it onto this year’s Hurun Rich List, a decrease of 12% (147 people) from last year. The total wealth of the listed entrepreneurs is 21 trillion yuan, down 10% from last year. The number […]