Fintech AI Daily, August 30th: The main contents of today's AI daily morning news are: Huawei announces its latest performance; Blizzard China: 'NetEase's lawsuit against Blizzard wins in the first trial' is not true. The case has not entered the substantive trial phase of the first trial; The 'Generative Artificial Intelligence Industry Self-Discipline Initiative' is released to protect data security and privacy.

Huawei announces its latest performance.

Huawei releases its performance, achieving sales revenue of 417.5 billion RMB in the first half of 2024, a year-on-year growth of 34.3%, and a net profit margin of 13.2%. Xu Zhijun, rotating Chairman of Huawei, said that the overall operating condition of the Group is in line with expectations, will implement the 'high-quality' corporate strategy throughout the entire process, continuously optimize the industrial portfolio, enhance development resilience, and build a prosperous industrial ecosystem.

miHoYo establishes a new company in Shanghai with a registered capital of 0.15 billion.

According to the Tianyancha App, Shanghai Blue Intelligence Shengfeng Technology Co., Ltd. was established on August 29th, with Yu Chenxi as the legal representative and a registered capital of 0.15 billion RMB. Its business scope includes network technology services, internet of things technology services, information technology consulting services, information systems operation and maintenance services, graphic design and production, and animation game development. Shareholder information shows that the company is wholly owned by Shanghai miHoYo Network Technology Co., Ltd.

Blizzard China: 'NetEase wins in the first trial of the lawsuit against Blizzard' is not true. The case has not entered the substantive trial phase of the first trial.

There are reports stating that 'NetEase wins in the first trial of the lawsuit against Blizzard, and the court freezes Blizzard's 0.139 billion yuan assets.' In response to this, Blizzard China stated that the description of 'NetEase wins in the first trial of the lawsuit against Blizzard' is not true, and the case has not entered the substantive trial phase of the first trial. Currently, there are no other legal disputes between the two parties. Blizzard China stated that since announcing their renewed cooperation in April this year, NetEase and Blizzard have been working closely together to bring Blizzard games back to domestic players. On August 27th, the two parties successfully launched the latest expansion of 'World of Warcraft' called 'The Burning Crusade' in sync with the global release.

Teslink has received another large investment, with a valuation exceeding 20 billion.

According to the announcement of the Hong Kong-listed company Microware, it will soon complete the investment in the AIoT enterprise Teslink. Microware will take this as an opportunity to further promote the development of software and hardware products using AI technology and achieve synergies between IT and AI businesses, thereby enhancing the group's competitiveness. The investment amount is 50 million RMB, accounting for 0.24% of the total share, and the enterprise valuation in this round is approximately 21 billion yuan. Taking this cooperation as an opportunity, both parties are embarking on a win-win mode, where Microware's technological solutions are expanded, and Teslink, while enriching its cash reserves, is accelerating its process for listing in Hong Kong.

The 'Generative Artificial Intelligence Industry Self-discipline Initiative' is released to ensure data security and privacy.

The Artificial Intelligence Forum of the 2024 China Internet Civilization Conference took place in Chengdu on August 29th, where the 'Generative Artificial Intelligence Industry Self-discipline Initiative' was officially released. The rapid advancement of generative artificial intelligence technology in recent years has played a positive role in improving people's learning and daily lives, but it also brings potential risks, making it urgent to strengthen the standardized governance. During the event, the Artificial Intelligence Security Governance Special Committee of the China Cyber Security Association, in collaboration with relevant industry, academia, research, and application units, formally released the 'Generative Artificial Intelligence Industry Self-discipline Initiative', issuing calls to the industry to promote consensus and jointly drive the healthy development of the generative AI industry, with a focus on ensuring data security and privacy, as well as promoting positive content ecosystem construction.

Apple is reportedly in talks to invest in OpenAI and Nvidia is also interested in participating in the investment.

According to sources, the two tech giants Apple and Nvidia are both interested in investing in the artificial intelligence (AI) research company OpenAI.

On Wednesday, there was news that OpenAI is in talks for a new round of financing, planning to raise billions of dollars with a valuation of over 100 billion US dollars. Thrive Capital will lead this round of financing with an investment of 1 billion US dollars. In addition, Microsoft, as the largest shareholder of OpenAI, will also participate in this round of financing.

Informed sources stated that Apple is negotiating to invest in OpenAI, while Nvidia has also discussed joining the latest financing of OpenAI. It is reported that Nvidia is in talks to invest 0.1 billion USD in the new round of financing for OpenAI.

ChatGPT has over 0.2 billion active users.

OpenAI reported that the weekly active users of ChatGPT exceeded 0.2 billion. ChatGPT usage has doubled over the past year.

OpenAI and Anthropic have agreed to have their new models evaluated for safety by the US government.

The USA AI Safety Institute will conduct a security assessment of the new AI models from OpenAI and Anthropic to ensure that technological progress does not bring social risks. The institute was established in 2023 and is a result of the executive order from the Biden-Harris administration, aiming to promote responsible AI innovation. The top executives of OpenAI and Anthropic have expressed their support for the collaboration and emphasized the importance of safety in AI development.

Character.AI, a startup company in chatbots, has laid off at least 5% of its employees.

According to a source familiar with the company's leadership, at least 5% of the approximately 120 employees at Character have been laid off. The source said that these employees were mainly involved in marketing and recruitment.

AI server orders have surged, Dell's financial report has delivered better-than-expected performance.

Dell Technologies Group has announced revenue that exceeded expectations due to increased sales of servers used for handling AI workloads. The company stated on Thursday that AI-optimized server orders for the second quarter were $3.2 billion, surpassing the previous quarter's $2.6 billion. Chief Operating Officer Jeff Clarke said that the backlog of sales for this equipment is $3.8 billion, and potential transactions are "several times" that number.

Dell's revenue increased by 9% to $25 billion in the quarter ended August 2. Data compiled by the media shows that analysts' average estimate is $24.5 billion. The department, which includes servers, had sales of $11.6 billion, surpassing the average forecast of $10.9 billion. Dell rose about 4% in after-hours trading and closed at $110.74 on the New York market that day.

As of Thursday's close, the stock has risen 45% this year. Earnings per share, excluding certain items, came in at $1.89, higher than analysts' expectations of $1.71. In the more well-known computer business, Dell reported a year-on-year decline of 4% in sales to $12.4 billion, slightly lower than expected. Commercial computer sales remained stable, while consumer personal computer revenue declined by 22%.

Nokia is considering various options for its mobile network assets, and Samsung is reportedly interested.

According to insiders, Nokia's mobile network assets have attracted preliminary interest from bidders, including Samsung Electronics. Nokia has been discussing potential options for its mobile network business with advisors, as the business has been struggling to compete with larger rivals for years.

Insiders said that Nokia has considered various options, including partial or complete sales, spin-offs, or mergers with competitors. The overall valuation of the business is estimated to be around $10 billion. Samsung has expressed preliminary interest in acquiring some of Nokia's assets as it seeks to expand its scale in connecting phones to wireless access networks for telecommunications infrastructure.

Brazilian judges are expected to order the closure of X soon.

Social media platform 'X' expects Brazilian judges to soon order its closure in the country.

Codeium raised $0.15 billion in financing.

Smart code assistant Codeium raised $1.25 billion at a valuation of $0.15 billion.