Pandaily Digest｜May 8, 2023
Editor's note: Xiaohongshu, a Chinese lifestyle sharing platform, has assembled a dedicated team for large model development since March.
Xiaohongshu Starts Exploring Large Language Model
Xiaohongshu, a Chinese lifestyle sharing platform, has assembled a dedicated team for large model development since March. The team comprises core employees from the natural language processing technical team of advertising businesses. Link
Headlines from China
iFlytek Claims Its Large Language Model Outperforms ChatGPT in Three Key Areas
iFlytek, a Chinese information technology company, showcased its large language model’s seven core competencies and shared application results in four major industries: education, office, automotive, and digital employees. Link
Luckin Coffee Opens A New Store on Average Every 1.9 Hours
Luckin Coffee released its Q1 2023 financial report recently. The report shows that Luckin Coffee achieved a total net revenue of RMB 4.437 billion (USD 640 million) in the first quarter of this year, an increase of 84.5% year-on-year. Link
TAL Education Is Developing A Large-scale Mathematical Model Called MathGPT
TAL Education Group, a Chinese holding company that provides after-school education and tutoring services for students, revealed its plan to develop MathGPT, a large-scale mathematical model on May 5th. Link
News You Shouldn't Miss
Citrix and Radware Reportedly to Withdraw from the Chinese Market
Citrix, a cloud computing and virtualization technology company, and Radware, a provider of cybersecurity and application delivery products, have downsized their teams in China considerably and may even exit the market entirely. Link
Autonomous Driving Company Mogo Auto Secures Series C2 Financing, Tencent Participates in
Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing. Link
China’s Mars Rover Zhurong Reveals Evidence of Liquid Water on Mars
Chinese researchers have found evidence of liquid water on Mars, formed from frost or snowfall, using data collected by their Mars rover Zhurong. Link
Social App Momo Removed from Apple’s App Store Due to Technical Issues
The developer of the Chinese social media app, Momo, has announced that technical issues are preventing users from downloading the app from the Apple’s App Store. Link
The Highest Award for Chinese AI Science & Technology Announced
On May 6th, the award ceremony for China’s highest prize in AI science and technology, the “Wu Wen Jun AI Science & Technology Award“, was held in Beijing. 60 awarded projects and individuals were recognized and rewarded. Link
Goertek Releases Link, Its First Interactive Smart Bracelet Reference Design
Goertek launched Link, its first smart bracelet reference design, which focuses on realizing XR device interaction. Users can control and interact with the device through the touch screen, buttons and simple gestures on the bracelet. Link
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