IBM released quantum computing chips, and Himalaya denied laying off 30% of its workforce

Hot spotlight

IBM released a quantum computing chip and plans to build a supercomputer within 10 years

IBM unveiled the most powerful quantum computing chip in history, IBM Quantum Heron, with 133 qubits and 3 to 5 times better performance than its predecessor, with a record error rate. IBM also released the first computer with more than 1,000 qubits, IBM Quantum System II, and demonstrated a new modular system. The company has set a goal of producing quantum supercomputers by 2033 and plans to open eight quantum computing centers around the world by the end of 2024. (All-weather technology)

Technology companies

News says Himalaya lays off 30% of employees: The company denies it, and employees say that HR has started to lay off HR

After three consecutive failed IPOs, Himalaya is likely to carry out large-scale layoffs, with a reduction rate of about 30%, mainly involving product and operational departments. Co-CEO Chen Xiaoyu proposed that the future of apps "mainly rely on AI". In the past six months, a number of senior executives have left. Himalaya employees revealed that if it can't be listed next year, the company's internal financing situation is not optimistic. Himalaya is still looking for new business growth points and planning to transform to survive under pressure. (City boundary)

NIO's revenue in the third quarter was 19.07 billion yuan, a year-on-year increase of 46.6%

NIO's total revenue in the third quarter was 19,066.6 million yuan, up 46.6% year-on-year and 117.4% quarter-on-quarter. The adjusted net loss was 3,953.2 million yuan, an increase of 13.0% year-on-year and a decrease of 27.4% month-on-month. In the third quarter of 2023, NIO delivered 55,432 vehicles, up 75.4% year-on-year and 135.7% quarter-on-quarter. (Tencent Technology)

According to the news, TikTok will work with Indonesian technology company GoTo to develop its e-commerce business

In September, Indonesia banned social media platforms like TikTok from conducting direct sales transactions. To overcome regulatory hurdles, TikTok has entered into a partnership agreement with Indonesian tech company GoTo to jointly develop its e-commerce business. TikTok will invest in a subsidiary of the GoTo Group to cooperate with it in the e-commerce business. The two companies plan to announce details of the partnership as early as next week. TikTok CEO Zhou Shou Capital plans to invest more than $12 million in the next three years to support the Southeast Asian market. (IT House)

Wang Xing took the initiative to attack, and Meituan's management was shaken

Meituan faces doubts about its profitability, with CEO Wang Xing saying that Meituan's share price only reflects the valuation of a single food delivery business and has launched a billion-dollar buyback program. At the same time, Meituan has made internal personnel adjustments, and a number of core business leaders have adjusted or changed their positions, with a special focus on technical positions, showing its determination to accelerate its layout in the field of technology. Wang Xing said that Meituan will continue to implement the strategy of "retail + technology" and empower the digital transformation of various industries in life services through technology. (E-commerce News Pro)

The Xiaomi 14 series has increased its order by 40% The supply chain is expected to enter the recovery track

The Xiaomi 14 series of mobile phones has sold more than one million, and the speed may break the record of domestic mobile phones. Affected by the hot sales, the Xiaomi 14 series mobile phones are frequently out of stock, and it is already the third batch of replenishment. In terms of performance, this series of mobile phones has been greatly improved, including the first launch with a Snapdragon 8 Gen3 chip, and the price is relatively cost-effective. The analysis believes that the hot sales of Xiaomi 14 will promote the recovery of the smartphone market. (Finance Associated Press)

AI weather vane

The performance is directly after GPT-4,000 H100 training!

InflectionAI has released a new AI model, Inflection-2, which outperforms those developed by Google and Meta, closely follows OpenAI's GPT-4, and will soon be integrated into the chatbot Pi. In several benchmarks, Inflection-2 outperformed Google's PaLM Large 2 model and Meta's LLaMA-2. Although the new model outperforms many major models, it still lags behind OpenAI's GPT-4. (New Zhiyuan)

OpenAI's competitor Mistral is valued at nearly $2 billion and has luxury shareholders such as A16z and Nvidia

The latest round of 450 million euros in funding for French AI startup Mistral AI is in the final stage, with major shareholders including A16z, Nvidia, Salesforce and others. A16z led the equity investment of more than €325 million, with Nvidia and Salesforce providing €120 million in convertible bonds. This could push Mistral's valuation to €1.5-2 billion. Mistral was founded by former scientists at DeepMind and Meta. (All-weather technology)

Meta and IBM have teamed up with several companies to create an AI alliance to share technology and reduce risk

Meta and IBM are joining forces with more than 40 companies and organizations to create the AI Alliance to share technology and reduce risk, with the aim of increasing the number of open-source AI models and developing AI technologies with safety and security tools. The consortium will also work with academic researchers to develop new hardware. Participants include Oracle, AMD, Intel, and academic research organizations. OpenAI is not listed as a participant in the alliance. (Smart Finance Network)

Self-driving taxis can not be equipped with safety officers, and the Ministry of Transport issued a document to clarify the commercial requirements for autonomous driving

The General Office of the Ministry of Transport issued the Guidelines for Transportation Safety Services for Autonomous Vehicles (Trial), which aims to regulate the commercial operation of autonomous vehicles on mainland roads. For the first time, the guidelines clarify the scope of application of autonomous driving and the information that should be recorded in the event of an accident. The clarification of the rules for the deployment of RoboTaxi vehicle safety officers, allowing companies to deploy remote safety officers in approved situations, means that the pace of commercialization of autonomous vehicles in mainland China is accelerating, and regulation and safety management have been strengthened. (car thing)

Tech figures

Sam Altman谈被OpenAI解雇及重回董事会

After being fired by OpenAI's board of directors, Altman admitted that he felt provoked, hurt and angry, and said that he would welcome OpenAI's new board of directors to independently investigate the incident. Altman officially returned to OpenAI on November 29 as its CEO. (Semiconductor Industry Vertical)

Wang Huiwen once again returned to the AI entrepreneurship track

Wang Huiwen, the former co-founder of Meituan, recently invested in Beijing Silicon Technology Co., Ltd. and became the company's new shareholder, holding a 5% position. Silicon Technology is 95% owned by Yuan Jinhui, the founder of First-Class Technology, and is a company focusing on software and information technology services. Earlier, Wang Huiwen withdrew from the AI entrepreneurship track due to health reasons, and now he is back. The change in shareholding structure has not yet led to new projects or product launches, but the cooperation between the two entrepreneurs has attracted market attention. (Rongzhong Finance)