Alibaba Leads Funding for Large-Scale Model Startup MiniMax
The large-scale model startup project MiniMax is undergoing a new round of major financing, with Alibaba as the core lead investor.
Category: Industry
Showing 12 of 6361 posts in this category
Manus Development Team Monica Completes A New Round of Financing, Led by Tencent
The 'Internet celebrity' product Manus's parent company Monica has completed a new round of financing led by Tencent.
Tencent Suspends New Signups to WeChat Due to Security Upgrade
WeChat, a leading Chinese social communication platform operated by Tencent, suspended the registration of new individual users on Tuesday morning while the firm carries out a security upgrade.
7/28/20213 min read
JD.com Subsidiary Completes Acquisition of CNLP
On July 14, Chinese e-commerce firm JD.com announced that its subsidiary, JD Intelligent Industry Development Group, had completed its compulsory acquisition of China Logistics Property Holdings (CNLP).
7/15/20222 min read
Tesla Announces New Battery Solution at Battery Day, 16% Increase in Range
Tesla announced a new battery solution for its electric cars at the "Battery Day" event on Wednesday, the biggest highlight of which is the further significant reduction in battery energy density and cost.
9/23/20202 min read
Huawei HarmonyOS to Enter European Market Next Year
Derek Yu, president of Huawei's consumer business in Central and Eastern Europe, Northern Europe and Canada, said that the Huawei HarmonyOS system will land in the European market next year.
12/6/20211 min read
Alibaba Cloud: Tongyi Qianwen Visual Understanding Model Reduced by 80%
Alibaba Cloud announces a price reduction for large models, with the entire line of Tongyi Qianwen visual understanding models reduced by over 80%.
Chinese Structural Biologist Nieng Yan Talks Cooperation with AI Team
Nieng Yan, a well-known Chinese structural biologist, responded on Twitter-like Weibo on November 11 to topics such as her resignation from Princeton University, her return to China, and her core research direction being replaced by AI.
11/11/20223 min read
Huawei Releases HarmonyOS 4
On August 4th, Huawei released HarmonyOS 4, which includes added features such as personalized space, various productivity tools, and an AI assistant for smartphones called "Xiao Yi" with significantly improved intelligence.
Hou Yi and Daniel Zhang Jointly Buying Freshippo Is Not True
The founder of Freshippo Hou Yi and former CEO of Alibaba Daniel Zhang's joint purchase of Freshippo for $2 billion is fake news.
New Oriental Expects $800-$900 Million in Losses, June-Nov 2021
Chinese private tutoring giant New Oriental announced on Friday that its net losses in the six-month period ended November 30, 2021 were expected to total $800-900 million.
1/24/20223 min read
Didi Chuxing Compensated 280 Million Yuan of Unpaid Ride Fares in 2020, Open Letter Reveals
In an open letter, Sun Shu, CEO of Didi's ride-hailing branch and head of the Drivers Committee, addressed commission rate policies and disclosed information about wage compensations.
6/16/20213 min read