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The Innovation Committee for AI terminal agents has been officially established, jointly initiated by Lenovo, Baidu, Alibaba, and others.
Sina Technology reported on the morning of December 27 that at the 2024 LENOVO GROUP Tianxi Ecological Partners Conference, LENOVO, in collaboration with 20 co-initiators, held the establishment ceremony of the China National Software & Service Industry Association AI Terminal Intelligence Innovation Committee. LENOVO serves as the chairman unit of the AI Terminal Intelligence Innovation Committee. Baidu Intelligent Cloud, Alibaba Cloud, Volcano Engine, Zhipu, and MiniMax are the vice chairman units, while Mianbi Intelligent, Geely Automobile Research Institute, and Wuwen Xinqiong are the committee members. The vice president of LENOVO GROUP, chief strategy officer of LENOVO China, and executive chairman of LENOVO China Technology Management Committee, Abo Li Ke Mu.
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On December 23, Alibaba spent 32.2613 million USD to repurchase 3.0653 million shares.
Alibaba-W (09988) announced that on December 23, 2024, it will spend 32.2613 million USD to repurchase 3.0653 million shares, with a repurchase price of 10.35-10.62 USD per share.
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
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