Express News | Jack Ma-backed, Ant Group Co., utilized semiconductors manufactured in China to create methods for training AI models, resulting in a 20% reduction in costs, according to sources (Bloomberg)

Moomoo 24/7Mar 24 02:45 ET

Kai-Fu Lee: In the future, there will likely only be three major models left in China.

They are DeepSeek, Alibaba, and ByteDance. Li Kaifu stated that the competition in the large model industry in China is still very fierce, with DeepSeek currently having the strongest momentum, while ByteDance has an advantage due to its user base and monetization channels.

wallstreetcnMar 21 01:35 ET

The "gap" in the implementation of the DeepSeek large model integrated machine | Depth

① The customer demand for the DeepSeek all-in-one machine has significantly increased, more than doubling compared to the customer density brought by ChatGPT in the previous two years. ② Currently, there is a severe shortage of relevant technical talent in government and enterprises, and there is a considerable gap between large models and their Business implementation.

cls.cnMar 20 23:08 ET

Highlights from the brokerage morning meeting: Large models are driving the middle platform into a new phase, and the Technology Hardware Industry Chain is expected to benefit.

In today's Brokerage morning meeting, Soochow believes that the commercialization of non-invasive brain-machine interface products is expected to accelerate; HTSC stated that the growth rate of parcel volume in the express delivery industry this year may exceed expectations; China International Capital Corporation pointed out that large models are driving the middle platform into a new stage, and the Hardware Industry Chain is expected to benefit.

cls.cnMar 20 20:27 ET

Before the "three witching hour," US stocks had a one-day rebound, quantum computing stocks plummeted, PDD Holdings briefly rose by 10%, and the Bank of England took a hawkish stance, with UK bonds turning to declines during the session.

Accenture fell over 7%; quantum computing stock D-Wave dropped 18%; after the Earnings Reports, FedEx fell over 5% in after-hours trading; Micron Technology once rose over 5% in after-hours trading. NIO declined nearly 9%, but PDD Holdings closed up 4%. After the Bank of England meeting, UK bond yields experienced a V-shaped reversal, and UK stocks halted a six-day rally. The USD reached a two-week high. Brent crude oil rose nearly 2% to create a new three-week high. Gold reached a new intraday historical high for three consecutive days. Copper increased for four straight days, closing at a new historical high.

wallstreetcnMar 20 17:59 ET

Goldman Sachs comments on Tencent's Earnings Reports: Surpassing expectations! The market will focus on AI applications.

Goldman Sachs stated that Tencent achieved better-than-expected performance, mainly due to strong growth in its Gaming and Advertising Business, along with a significant increase in investments in AI-related fields. It is expected that Tencent will continue to benefit from the WeChat ecosystem, Global gaming Assets, and the application of AI technology in the future, with the market focusing on the progress of AI applications and the growth prospects of Gaming.

wallstreetcnMar 19 23:33 ET