Pandaily's Digest | May 17, 2024
Editor's note: Tencent announced that its Hunyuan text-to-image large model has been fully upgraded and open-sourced.
Tencent Announces the Open Source of Hunyuan Text-to-Image Large Model
On May 14th, Tencent announced that its Hunyuan text-to-image large model has been fully upgraded and open-sourced. Link
Headlines from China
Microsoft Responds to Reports of Its China’s AI Team’s Relocation to the U.S.
On May 15, Microsoft responded to reporters, stating that only a small number of employees currently have the opportunity to choose international rotation. Link
Xiaomi’s AI Large Model MiLM Officially Passes the Record
Xiaomi's large language model MiLM has officially passed the filing for large models and will be gradually applied in Xiaomi's cars, phones, smart home products, etc. Link
Huawei Press Conference Accused of Fraud, Ascend Community Responds
In response to the news that there were suspicions of artificial manipulation of images at Huawei press conference, the Ascend Community stated: all demonstrations shown are actual codes. Link
AliExpress Ramps Up Overseas Investment, Contributes to Alibaba International’s 45% YoY Revenue Surge in March Quarter
In the previous financial quarter, Alibaba International reported a substantial 45% year-on-year revenue increase, largely driven by the expansion of its cross-border operations, notably through the AliExpress' Choice service. Link
News You Shouldn’t Miss
Following Major Organizational Restructuring, Li Auto Initiates Personnel Optimization
Li Auto is undergoing a new round of company-wide personnel optimization, with an overall optimization ratio of over 18%. Link
Starting from 219,900 Yuan: ONVO’s First Car L60 Starts Pre-Sale
On May 15th, ONVO, a sub-brand of NIO, officially launched its first model L60. Link
Speculated Partnership Between Baidu and Tesla Gains Further Traction
Today, the General Manager of Baidu's Autonomous Driving Technology Department expressed interest in partnership with Tesla, confirming earlier speculations. Link
ByteDance Released DouBao Large Model
Currently, the DouBao large model processes 120 billion tokens of text daily and generates 30 million images. Link