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Zeng stated that despite the fierce competition in the domestic market, CATL's global market share last year has caught up with LG, demonstrating vast potential for growth.
Doubao made substantial strides in code capabilities, improving by around 50% compared to the previous generation model on the HumanEval and MBPP evaluation sets.
The company will also consider cooperating with a local manufacturer to build a factory in Europe, but NIO first needs to increase its sales in Europe, says Li Bin.
As of the fiscal year ending March 31, 2024, Alibaba invested a total of approximately $800 million to acquire about 36% equity stake in Moonshot AI as a preferred stock investment.
"Facing such a trend, we saw that our peers significantly increased their efforts in the first quarter, and Pinduoduo welcomes healthy competition," Chen Lei said.
Yu Tao is still in his current position but has confirmed that he will soon resign. In response to this, a person in charge at XPeng said they would "provide feedback next week".
Robin Li is a strong advocate for an application-driven approach to AI. He believes this strategy can speed up the transition from the internet age to the AI age.
Wang Naiyan, the former CTO of TuSimple China, will join Xiaomi Auto and report to Ye Hangjun, Chairman of the Xiaomi Technical Committee and head of Xiaomi Auto's autonomous driving.
Baichuan AI CEO Wang Xiaochuan believes that the essence of this round of price cuts by major companies is that cloud providers are entering a new battlefield.
Chinese electronics recycling and trading major ATRenew on Monday extended its quarterly profit for the seventh straight quarter. Its first-quarter revenue grew up 27.1 percent to 3.65 billion yuan, meeting the top end of its guidance.