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On December 18th, at the Force Conference hosted by the Volcano Engine, ByteDance officially launched the Doubao Vision Understanding Model and announced its price at 1,000 tokens for 0.003 yuan, 85% cheaper than the industry average, which means that for one yuan, it can process 284 images of 720P resolution. This signifies ByteDance replicating its […]
On December 18th, it was reported that “Cool River Venture HK Limited”, founded by Zhang Yiming, co-founder of ByteDance, officially obtained the Hong Kong license plate number 9. According to the announcement of the Hong Kong Securities and Futures Commission, Cool River Venture HK Limited obtained License No. 9 issued by the Hong Kong Securities […]
A new giant has entered the field of humanoid robots. On December 13th, the ‘BYD Recruitment’ official account released information about recruiting for the 25th Embodied Intelligence Research Team. The positions include senior algorithm engineers, senior structural engineers, senior simulation engineers, etc., with research directions involving humanoid robots, bipedal robots and other dimensions. The target […]
BYD‘s global expansion is still ongoing, and next year the company will produce its best-selling models Dolphin and Atto 3 in Europe. In an interview with the German business magazine Capital, Li Ke, head of BYD’s European region, revealed that BYD is building a large production base in Hungary and will start capacity expansion by […]
Multiple sources claim that Xiaomi is preparing to launch its automotive business overseas. The international department of Xiaomi Group has set up a team to prepare for overseas sales, and is currently recruiting positions such as market research, project management, and electric vehicle after-sales engineers. In the automotive sector, Xiaomi‘s autonomous driving department has added […]
On December 11th, Pony.ai and GAC AION held a Robotaxi strategic cooperation signing ceremony at the GAC Group’s headquarters in Panyu. The two parties will further collaborate to create commercially competitive mass-produced Robotaxi models and jointly promote the commercialization of fully autonomous Robotaxis. According to the agreement, both parties will jointly develop a fully redundant […]
On December 8th, Jack Ma attended the 20th anniversary event of Ant Group. Jack Ma stated in his speech that in the next 20 years, the tremendous changes brought by the AI era will exceed everyone’s imagination, because AI will be a greater era and will change everything, but this does not mean that AI […]
On the evening of December 4th, Meitu announced that it had liquidated its cryptocurrency holdings, making a profit of approximately 571 million yuan. This income has exceeded the company’s net profit for the entire year last year of 378 million yuan, with sideline income overshadowing its main business. The company, which started out with photo […]
NIO plans to release version 3.1.0 of the Banyan intelligent system in January 2025, which will achieve the first push of an end-to-end large model architecture for intelligent driving, NIO‘s end-to-end intelligent driving “better late than never”. For comparison, the Banyan 3.0.0 version of the intelligent system released by NIO in August focuses on upgrading […]
In the early morning of December 5th, Allen Zhu, managing partner of GSR Ventures, posted on his WeChat moments listing three “facts” aimed at exposing the true nature of the conflict between Moonshot AI and Recurrent AI’s old shareholders, as well as the real reason for former managing partner Zhang Yutong’s departure from GSR Ventures. […]