1. Industry dynamics
Luxury giant LVMH announces the launch of metaverse project "The Journey"
Recently, luxury giant LVMH announced the launch of the meta-universe project "The Journey", allowing its users to enter a new virtual world with exclusive products and experiences, the official website currently shows that the meta-universe project includes The Showroom, The Tech Playground, OpenLands, Job Offers four sections, and two more sectors have not yet been disclosed.
Google showcases the world's first multi-tasking AI agent
Recently, DeepMind demonstrated RoboCat, an AI agent for robots. DeepMind calls it the world's first agent capable of solving and adapting to multiple tasks. What's more, RoboCat is a self-improving AI agent that can operate different robotic arms and solve tasks with a minimum of 100 demonstrations and improve from its self-generated data.
Ke Ruiwen, chairman of China Telecom: The value of 5G networks needs to be further developed
News on the morning of June 28, 2023MWC Shanghai opened today, and China Telecom Chairman Ke Ruiwen delivered a keynote speech. When talking about 5G development, he said that without joint construction and sharing, there would be no 5G today. Through co-construction and sharing, a series of problems in technology, engineering and management have been broken, and the experience has been extended to the whole industry. "The further development and maturity of 5G still requires the joint efforts of all sectors of the industry, phenomenal 5G applications have not yet emerged, and the value of 5G networks needs to be further developed."
The China Mobile booth at MWC was pleasantly surprised
On June 28, the 2023 Mobile World Congress Shanghai opened in Shanghai. Focusing on the two major sections of new information infrastructure and new information service system, China Mobile's booth showcased China Mobile's leading achievements in network, technological innovation and new generation information technology to empower economic and social development in a vivid and three-dimensional presentation.
Yingke Intelligent launched AI-designed rare disease drugs
On June 27, Insilico Medicine, a dual-headquarters start-up based in New York and Hong Kong, announced that a new drug it designed through AI has launched phase II clinical trials in China and the United States to verify its efficacy. The company uses AI to analyze massive medical data, find the protein structure related to the production and development of IPF disease, screen out the substances that inhibit the protein, and will carry out clinical trials in 40 institutions in China and the United States for 60 people.
MIIT Releases New Edition of the Provisions of the People's Republic of China on Radio Frequency Allocation
A few days ago, the Ministry of Industry and Information Technology issued a new version of the "Regulations of the People's Republic of China on Radio Frequency Allocation", which will be officially implemented on July 1. In the revision of the "Allocation Regulations", the Ministry of Industry and Information Technology took the lead in allocating all or part of the 6425-7125MHz frequency band for IMT (International Mobile Communications, including 5G/6G) systems worldwide.
Zhou Hongyi: The big model should be used as a "co-pilot" to help
Recently, when attending the main forum of the Nishan Dialogue on Digital Civilization at the World Internet Conference, Zhou Hongyi, founder of 360, said, "The vertical big model is the future development direction, and it is the real value to change the big model from a 'jack of all trades' to a government, industry and enterprise." In the face of safety concerns about the development of large models, Zhou Hongyi believes that the key to achieving "safe and controllable" large models lies in adhering to the "auxiliary mode", positioning the large model as an assistant to enterprises and employees, providing assistance as a "co-pilot" role, and letting people's will play a key role in the entire decision-making loop. "The development of artificial intelligence should be 'people-oriented', and large models should not trigger large-scale layoffs, but should help employees improve their capabilities and efficiency."
Baidu Robin Li: The training speed of version 3.5 of the Wenxin model has been increased by 2 times
Recently, Robin Li, founder, chairman and CEO of Baidu, introduced the latest development trend of artificial intelligence technology at the main forum of the Nishan Dialogue on Digital Civilization at the Internet Conference, saying that only by adhering to technological development and safe and controllable two-wheel drive can we achieve stability and long-term development. "The key point of the new international competitive strategy is not how many large models a country has, but how many native AI applications are on your large models, and to what extent these applications improve production efficiency." If we can squeeze into the table and get a ticket to the competition, China will have a stronger digital industry and the scale of the digital economy will grow tremendously. Li Yanhong also revealed in his speech that Baidu Wenxin big model has been iterated to version 3.5, compared with version 3.0, the training speed has been increased by 2 times, the inference speed has been increased by 17 times, and the model effect has been improved by more than 50%.
The most complex AI voice model created to date
According to the British "Daily Mail" reported on the 23rd, Facebook's parent company Metaverse Platform Company (Meta) said that it has developed "the most powerful speech-generating artificial intelligence Voicebox to date", which can imitate anyone's voice, including the deceased. However, fearing that this advanced technology would be abused, Meta announced that it would not make its AI models public. Meta's deep learning AI researchers introduced Voicebox and pointed out that Voicebox uses a "stream matching" method, which outperforms the diffusion model used by current state-of-the-art generative speech systems.
Huawei's Pangu model will announce a major upgrade on July 7
HUAWEI CLOUD Pangu model will usher in a major upgrade on the 26th. It is understood that the Pangu large model will be clearly positioned for the first time, that is, "born for the industry"; The full-stack innovation of Pangu's basic large model and the "alchemy" of the industry large model will also be announced for the first time. It is reported that the Huawei Developer Conference 2023 (Cloud) Conference will kick off in Dongguan on July 7, and there will be branch venues in more than 10 countries around the world and more than 30 cities in China.
Alibaba Cloud Daniel Zhang: Building secure and trustworthy artificial intelligence has gradually become an industry consensus
Chairman and CEO of Alibaba Cloud Intelligent Group Daniel Zhang said at the Nishan Dialogue Forum of Digital Civilization at the World Internet Conference that the development of artificial intelligence technology in China has three advantages: solid foundation, rich scenarios, and integration of data and reality. At the same time, "building safe and credible artificial intelligence" has gradually become the consensus of the industry, and relevant laws and regulations are being improved, cultivating a good soil and environment for the sustainable development of technology and industry. We hope that based on cloud computing, computing power will be more inclusive and AI more popular, and general artificial intelligence will be able to open up data disconnection nodes with lower threshold and higher efficiency, promote the smooth flow of data in all elements such as enterprise R&D, production, distribution, and services, and deepen the integration of data and reality.
Samsung Electronics plans a high-capacity, high-performance next-generation HBM3P
According to industry sources, Samsung Electronics is planning to mass-produce HBM3 products with speeds up to 6.4Gbps, including 16GB and 12GB capacity versions. Moreover, they plan to launch the next generation of HBM3P products with higher capacity and higher performance in the second half of the year. As a high-bandwidth, low-power memory technology, HBM has a wide range of application prospects in artificial intelligence, graphics processing and other fields. At the same time, HBM's development still faces some challenges, such as high costs and manufacturing difficulties.
2. Brand dynamics
On June 26, AI intelligent hardware startup company Lotte Pie officially released its first product, Lotte Pie Desktop Robot, which uses the Android operating system and is a desktop companion AI robot in the true sense. This product was officially sold on the official mini program of Lotte Pie at 19:00 on the 26th, priced at 1799 yuan. The Lotte Pie desktop robot will provide functions such as entertainment companionship, life companionship, guardian companionship, learning companionship, work companionship, and child companionship.
ZTE showcased the world's first consumer-grade GPT wireless AR smart glasses
On June 28, the 2023 Shanghai Mobile World Congress was grandly opened at the New International Expo Center, and ZTE officially unveiled the world's first lightweight binocular refractive integrated GPT wireless AR smart glasses nubia Neo Air. Nubia Neo Air is not only a wireless AR glasses that supports voice commands, but also a smart glasses that introduces AIGC algorithms similar to GPT. Users can realize instant question and answer through the GPT model equipped with multiple AI large model capabilities, and conduct intelligent interaction with artificial intelligence voice assistants such as chat and voice query data.
Fluorite 4G lamp holder camera C8b new product online
Fluorite's new C8b 2K·4G lampholder version camera, heavy launch. Under the appearance of the bulb, the fluorite C8b camera cleverly uses the general E27 lamp holder to take power to solve the wiring problem. At the same time, a built-in 4G SIM card is also used to solve the network coverage problem, which eliminates the trouble of wiring power connection and hole installation. Its optical specifications use a 3 million pixel ultra-clear lens, with a large aperture of F1.6, and also support dual-lamp night vision (one high-power warm light + one infrared light), which can also present color pictures at night.
The 2023 TUYA Developer Conference is exciting
On June 29, the 2023 TUYA Developer Conference was grandly opened in Shenzhen, and AIGC, PaaS2.0, Matter, and new energy exploded heated discussions in the industry! At the meeting, Tuya officially released PaaS 2.0, which empowers developers in an all-round way with the innovative model of "one platform + four major development services", and meets its core requirements of "efficiency & differentiation & autonomy and controllability" by providing the best platform products and services, the richest hardware solutions, and open tools and API priority architecture, solving the problems of long development technology links, strict security compliance, and inconsistent standards, and helping developers comprehensively improve product strength and market competitiveness.
3. Data report
IDC predicts that global spending on AI services will increase to $64.6 billion by 2026
According to IDC, global spending on artificial intelligence (AI) services will increase to $64.6 billion at a compound annual growth rate (CAGR) of 21.9% by 2026, with the market maintaining a growth rate of more than 20% throughout the forecast period.
TrendForce report: VR/AR device shipments in 2023 are worrying
Recently, the market research agency TrendForce reported that global shipments of augmented reality (AR)/virtual reality (VR) devices are expected to be 7.45 million units in 2023, down 18.2% year-on-year. Among them, the decline of VR equipment is the most obvious, with shipments of about 6.67 million units, and the reason is that the sales of high-end VR equipment are not as good as expected. The performance of AR devices was relatively stable, with shipments of about 780,000 units. Since AR devices and related applications are still relatively few, the agency believes that 2025 will see a significant growth in the VR and AR market, and the annual growth rate of shipments is likely to be nearly 40%.
IDC data: IoT investment will exceed $1 trillion in 2026
IDC expects Internet of Things (IoT) spending to exceed $1 trillion in 2026, driven by the continued digitalization and modernization of enterprises, at a compound annual growth rate (CAGR) of 10.4% over the forecast period 2023-2027. IDC estimates that global IoT spending could reach $805.7 billion by 2023, up 10.6% from 2022. These figures highlight the growing importance and potential of IoT technology across industries around the world.
4. Capital dynamics
Metaverse gaming platform AvatarLife closed a $1.5 million seed round
Recently, metaverse gaming platform AvatarLife completed a $1.5 million seed round of funding, led by Info Edge Ventures. The financing was used for product development, community building, and expanding its global team.
"Timely" received tens of millions of yuan in Pre-A+ round financing
According to the WeChat news of the official of Jiyu Intelligence, Beijing Zhiyu Intelligent Technology Co., Ltd. has recently completed tens of millions of yuan in Pre-A+ round financing. This round of financing is exclusively completed by Yuandu Capital, and the funds are mainly used for the research and development of cross-border overseas AI customer service related scenarios, and continuously improve technical barriers and leading advantages. At the same time, build a regional sales team to provide more perfect services for overseas enterprises.
Virtual fashion platform company DREST raised $138 million
Recently, virtual fashion platform Drest announced that it successfully raised 15 million pounds (about 138 million yuan) in financing. To date, it has raised a total of £45 million. This round of funding will be used to promote brand development, upgrade the developer ecosystem, marketing channels and more. Founded in 2019, Drest integrates fashion and beauty brands with metaverse technology, allowing players to design branded digital clothing and avatars on the metaverse Avatar. At present, Drest has partnered with more than 260 luxury brands.
Qingqian Intelligent announced the completion of tens of millions of yuan in angel round financing
In June 2023, Qingqian Intelligence, a provider of AI inference deployment solutions, announced the completion of an angel round of financing of tens of millions of yuan, exclusively led by Oasis Capital, which is mainly used for algorithm research and development, product development and team expansion. Founded in October 2022, Qingqian Intelligent received seed investment from Qiji Chuangtan at the beginning of its establishment, and has received two consecutive rounds of investment within a few months of its establishment.
Linghui Lixin completed a series A financing of nearly 300 million yuan
Recently, Suzhou Linghui Lixin Technology Co., Ltd. completed a round of financing of nearly 300 million yuan. This round of financing was led by Topband Investment, Goodway, Langmafeng, Source Code, Dingxin, Bridge Capital, Silk Road Golden Bridge, and additional investment by old shareholder Magmit Capital. This round of financing funds will be used to further enhance core technologies, as well as the iterative upgrading of key products and the research and development of new products, introduce high-end R&D talents, optimize product performance, and consolidate the market position of existing product lines. Provide more high-reliability and high-performance products to the market, and help realize the localization of industrial-grade high-end analog chips as soon as possible.
Videoacoustic Intelligent IPO meeting
News on June 27, the results of the 34th deliberation meeting of the Listing Committee of the Beijing Stock Exchange in 2023 were released: Videoacoustic Intelligence (870976) met the issuance conditions, listing conditions and information disclosure requirements, and successfully passed the meeting. Videoacoustic Intelligent is a high-tech enterprise specializing in the research and development, design, manufacturing and sales of intelligent equipment such as smart home and video intercom and LCD screens and modules, as well as supporting technical services. The company's business covers smart buildings, rail transit, smart homes, smart hotels, smart communities, smart medical and other application fields, providing customers with smart home systems, video intercom system products and integrated solutions.