OpenAI Launches Faster and Cheaper AI Model for All Users OpenAI has launched a faster and cheaper AI model to power its chatbot ChatGPT. During Monday's live event, OpenAI unveiled its new large language model, GPT-4o. This is an updated version of its GPT-4 model, which has been around for more than a year. The model is trained on a large amount of data from the internet, is better at processing text and audio, and supports 50 languages. The new model will be available to all users, not just paying users.
In addition, Sam Altman summarized OpenAI's presentation on May 13. "For one, a key part of OpenAI's mission is to make all AI tools available to people for free," Altman said. Second, the new voice (and video) mode is the best human-computer interaction I've ever used. (Finance Associated Press)
On May 13, Kai-Fu Lee, chairman and CEO of Sinovation Ventures and CEO of 010,000,000 Things, released the 100-billion-parameter Yi-Large closed-source model, and upgraded the previously released versions of the Yi-34B and Yi-9B/6B small and medium-sized open-source models to the Yi-1.5 series. In the interview, Kai-Fu Lee said that today's model is evolving very quickly based on the Scaling Law (the law of scale), and everyone is only optimizing the application for GPT-3.5 a year and three months ago, and GPT-4 has rewritten the capabilities of the application, so practitioners must constantly predict how the technology will go in the future. It's not based on what today's technology can do, but predicting how powerful technology will be in six months, a year from now. Domestic large model companies have gathered a large amount of funds in the current primary market, the dark side of the previous month was reported that the founder's cash-out action, in this regard, Li Kaifu said that he did not comment on the specific company's situation, but he promised investors when he founded 010000 things, 10 years will not cash out, and the best way to cash out is to "go public as soon as possible".
In addition, when asked whether the explosion of large models will bring about a large-scale reshuffle of Chinese startups, Kai-Fu Lee said that it is too early to conclude the coffin of China's large-scale model startups, and that Chinese entrepreneurs are always beyond imagination. At the same time, Kai-Fu Lee said that the ofo-style subsidy logic is no longer applicable to AI 2.0, and he hopes that the competition in the large model track will focus on achieving TC-PMF (product-market matching). (CBN)
Recently, the reporter went undercover for McDonald's Zhengzhou Excellent Agricultural Union Restaurant and McDonald's Jinan University Restaurant, and found that both restaurants had problems such as tampering with food shelf life labels, using expired ingredients, selling food after the expiration date, and cutting corners. McDonald's Zhengzhou Excellent Agricultural Union Restaurant, there is also a situation where the quality of fried oil exceeds the standard. On the evening of May 13, McDonald's China issued a statement saying that it apologized for the impact on the restaurant involved, and that the company was actively cooperating with the local market supervision department to investigate and verify, and would not tolerate any violation of operational standards and dealt with it seriously. In addition, the implementation and enforcement of restaurant operation specifications will be further strengthened. (Time Weekly)
On May 12, blogger Brother Leopard bluntly said (Li Bao) posted a video talking about the controversial remarks of former Baidu vice president Xuan Jing, which attracted comments from Xuan Jing's social account. The blogger said that the reason why Xuan Jing can become the vice president of public relations of a large factory is that this position does not require any specific work, and all the work is done by subordinates. The blogger also expressed his views on the abilities, professional backgrounds, and employment concepts that executives need to have. Xuan Jing's social account commented under the video, "You just rub a little less, spread less rumors, leave some morality to be a person, do I know you?" Who are you to review me? Regarding the comments of other netizens who simulated Xuan Jing's tone and proposed to change the topic for discussion, Xuan Jing's social account also replied: You vicious bad guy! (Sina Finance)
[Douyin restricts the publication of current political, financial, legal or medical content? Response: False information] On May 13, it was rumored that Douyin no longer supports accounts that mainly publish social current affairs, finance, law, or medical content, or accounts with high followers and influence, and commercial promotion accounts to establish an authorization relationship that includes the ability to publish content. If the creator's account has made such authorizations, the corresponding authorization relationship will be terminated from May 15. In response, the relevant person in charge of Douyin responded that the online transmission of restrictions on the release of current political, financial, legal or medical content is false information. The relevant adjustment is to the authorization function of commercial material release, which does not affect the creator's other monetization or commercialization capabilities, including self-publishing of commercial materials, advertising, e-commerce, etc., and does not involve content creation. (The Paper)
[The general manager of the public relations department of Xiaomi Group responds to the SU7 brake failure: it is indeed a software misidentification, and it has been fixed] Wang Hua, general manager of the public relations department of Xiaomi Group, posted on Weibo on May 13 to respond to the Xiaomi SU7 brake failure: I verified it, and it was indeed a misidentification of the software. At present, this small probability event has been fixed, and there is no need to panic. Wang Hua said that he had found engineers from the automotive department to help sort out the situation, and after analysis, it was confirmed that the system of the main brake controller (DPB/BCP) of the vehicle at that time misidentified the degradation to trigger the backup braking strategy, and the brake auxiliary controller (ESP/BCS) directly responded to the braking demand to provide braking deceleration for the vehicle; At the same time, the large screen of the vehicle also reported a fault prompt for the braking system. (Interface News)
[Insider: Meizu's first model or modified model of Lynk & Co 07 will be themed on e-sports games] According to the official website of Meizu Unbounded Zhixing, Meizu's first model will be named "Meizu MX". The model will use the Flyme Auto full-case intelligent vehicle machine system. It was learned from a source close to Meizu that according to the previous plan, Meizu's first model is a modified model of Lynk & Co 07, and it will be themed on e-sports games. In this regard, the relevant person did not comment on the confirmation of the Meizu Public Relations Department, only saying that "there is no definite news for the time being." He also said, "Our Meizu DreamCarMX customized car is still under development." (Blue Whale Finance)
[BMW appoints new head of MINI brand] BMW Group announced on May 13 that personnel changes at the helm of the MINI brand. As of August 1, 2024, Stefan Richmann will begin the management of MINI, succeeding Stefanie Wurst, who has been head of the MINI brand since February 1, 2022. (Straight Flush)
[It was revealed that the mass production of AI chips in 2025 was supported by SoftBank, Arm responded] On May 13, it was reported that with the escalation of artificial intelligence chip competition, more and more technology companies have begun to develop AI chips. Recently, it was reported that Arm has established an AI chip division, aiming to achieve mass production in 2025. Buoyed by the news, Arm rose more than 5% in the pre-market of U.S. stocks on May 13. Since the beginning of this year, Arm's stock price has risen by nearly 45%. On May 13, Arm was asked for confirmation, and the other party said: "Arm does not comment on any rumors and speculations. (Yicai)
[ByteDance's real estate business merged into Douyin Life Service] It was learned from people familiar with the matter that ByteDance's real estate business "Happiness Lane" and decoration business "Zhuxiaobang" were merged into Douyin Life Service. Zhu Shiyu, the former head of the Xingfu Lizhu Gang, was transferred to Douyin e-commerce and was responsible for the consumer durables business. (The Paper)
Apple prepares to sell Vision Pro outside the U.S. for the first time, possibly expanding sales to China, Japan, France and Germany. Apple is gearing up to launch the Vision Pro outside of the U.S. for the first time after the Worldwide Developers Conference early next month to test whether the $3,499 VR headset has broader appeal. Apple has started training sessions in recent days and has summoned hundreds of employees from its international stores to Cupertino, California, to learn how to demonstrate the device to customers, according to people familiar with the matter. Apple has maintained a consistent attitude of secrecy and did not tell employees in training sessions where the Vision Pro will be available. But the company is training employees from Germany, France, Australia, Japan, South Korea, Singapore and China, suggesting that these regions will be the first international markets for the device. (Sina Finance)
On May 14, it was reported that Tesla is starting to rehire some employees of its Supercharger team, which was previously disbanded by CEO Elon Musk at the end of last month, when nearly 500 employees were laid off. According to people familiar with the matter, the highest-ranking of those rehired is Max de Zegher, director of North American charging operations. He was one of the subordinates of veteran director Rebecca Tinucci, who was fired by Musk last month, when almost the entire charging team was laid off. It's unclear how many of the laid off employees were rehired, and neither Musk nor de Zegher responded to requests for comment. (IT House)
[ZEEKR: There is no artificial limit on the charging power of the vehicle] On May 13, in response to the charging power problem that users are concerned about recently, ZEEKR issued an explanation on the official Weibo of "ZEEKR Service". ZEEKR said that there is no artificial limit on the charging power. The charging and discharging management system of electric vehicles will automatically make intelligent dynamic adaptation to the charging power by comprehensively considering factors such as energy replenishment scenarios, station conditions, and battery power. ZEEKR further said that with the increase of the use time and the number of charging cycles, the power battery will produce natural attenuation, which will also affect the peak power during charging, which is also the conventional physical characteristics of lithium batteries. At the same time, in the process of a single charge, the charging power is not always at the peak, and there will be dynamic changes due to factors such as remaining power, charging pile power, battery temperature, and grid conditions. (IT House)
[Xiaomi, vivo, OPPO and Honor will all use domestic ultrasonic fingerprint solutions on high-end machines this year] It is exclusively learned from the supply chain that domestic mobile phone manufacturers such as Xiaomi, vivo, OPPO and Honor will use domestic ultrasonic fingerprint solutions for their flagship mobile phones. Among them, the X100 Ultra ultrasonic fingerprint chip just released by vivo has been localized. (Wall Street News)
Li Bin, founder, chairman and CEO of NIO, said in a recent interview, "In the past 10 years, NIO has completed the process from 0-1, and the upcoming release of the Ledao brand means that we will enter a new process of '1 to 10' or '1 to 100'. It is reported that in 2024, Ledao Auto will independently build an offline sales network of no less than 200, and the stores will adopt a direct sales model. Li Bin said that in the market segment where Ledao Automobile is located, Xiaomi Automobile, Li Auto, Zeekrypton, etc. all have very good products on sale, and they have enough psychological preparation for the challenges encountered by Ledao. "The reuse of software and hardware can expand the scale effect, bring a significant reduction in costs and improve R&D efficiency, and realize the cost reduction of R&D, of which the cost of Ledao L60 will be reduced by about 10% compared with Tesla Model Y." Li Bin said. (CBN)
On May 12, the South China Morning Post reported that Sam's Club will soon open an online business in Hong Kong. According to the report, two Sam's employees in Shenzhen said that they would open the service in the near future, and they could enjoy free delivery if they purchased more than 599 yuan (about 660 Hong Kong dollars). On May 13, Sam was asked for confirmation on this, and Sam did not deny that he was about to open an online business in Hong Kong. However, it could not reply to the information on whether to increase categories in the future and set up a front warehouse in Hong Kong. (Sina Finance)
[According to the report, MINISO plans to open about 600 stores overseas] According to reports, Eason Zhang, chief financial officer of MINISO, said in an interview that it plans to open about 600 stores overseas this year. MINISO also plans to open about 400 stores in China. Overseas markets are expected to account for more than half of its sales in the next two to three years, up from about 35% last year. (Finance)
Haidilao's overseas business Tehai International plans to be listed on the NASDAQ and issue about 2.69 million shares] Haidilao disclosed at the U.S. Securities and Exchange Commission (SEC) on May 13 that Haidilao's overseas business SuperHi will issue 2,692,700 American Depositary Shares (ADS), which is expected to be traded on the NASDAQ stock market under the symbol "HDL". After the completion of the offering, the entities controlled by Daniel Zhang will own a total of 45.66% of the company's issued shares, assuming the underwriters do not exercise the option to purchase additional ADSs.
Subtle Medical Inc., an AI medical imaging company, announced the completion of a B+ round of financing of nearly $10 million, with a cumulative financing of more than $50 million. The investors include previous investment institutions such as Fusion Fund, a Silicon Valley investment institution, as well as a new US dollar fund, ENVISIONX Capital, Bluerun Ventures, a Silicon Valley headquarters fund of BlueRun Ventures, Shanghai Wenzhou Investment and other strategic partners in the Asia-Pacific region.
[Rongsu Technology Completes 10 Million Pre-A+ Round of Financing] Suzhou Rongsu Intelligent Manufacturing Technology Co., Ltd.'s official WeChat announced the completion of 10 million yuan Pre-A+ round of financing, led by the fund of Zhejiang University Holding Group and followed by the old shareholder Jiuhe Venture Capital. This round of financing will be used for new technology research and development and commercialization.
[Zebra & Qiao BAN &CHOC Completes 20 Million Yuan Series A Financing] Chocolate products brand Zebra & Qiao BAN &CHOC has recently completed 20 million yuan in Series A financing. The investor did not disclose that the post-investment valuation exceeded 100 million yuan, and the funds in this round of financing were mainly used for product matrix development, self-operated channel construction and store expansion.
【Bluestar Optics Completes A+ Round of Financing】Bluestar Optics (Shanghai) Aerospace Technology Co., Ltd. has completed tens of millions of yuan in A+ round of financing, and the funds raised will be mainly used for production line expansion, continuous technology iteration and product testing and verification, etc., up to now, Bluestar Optics has raised nearly 150 million yuan in Series A. According to reports, at present, the latest generation of inter-satellite laser communication terminal products Z4 has covered all the winning units of a large satellite Internet constellation in China, and is the only enterprise in this project with a spaceborne laser communication terminal share of more than 50%.
[M4 version of MacBook Pro is expected to be released in October] Bloomberg's Mark Gurman said in the latest issue of the Power On newsletter that Apple will launch MacBook Pro and Mac Mini with M4 series chips later this year. Specifically, Gurman estimates that the 14-inch MacBook Pro will use the M4 chip, the 14-inch and 16-inch MacBook Pro models will use the M4 Pro and M4 Max chips, and the Mac mini models will use the M4 and M4 Pro chips. Gurman expects Apple to update the M4 chip for the MacBook Air, Mac Studio and Mac Pro in 2025, but Gurman did not mention the iMac. Foreign media MacRumors believes in a blog post that based on previous release habits, Apple may release a new Mac product equipped with M4 series chips in October this year. (IT House)
[Baojun Automobile's first 600km long-range smart SUV will be launched in the third quarter] On May 13, the official picture of the new smart SUV model under the Baojun brand was exposed, and the new car was named "Baojun Yunhai". The car is based on the Tianyu architecture D platform and will be equipped with Osmo intelligent driving, which is the first 600km long-range intelligent SUV of Baojun Automobile. The new model will be launched in the third quarter of this year. (IT House)
Recently, Thunderbird Innovation, a leading consumer AR brand, released a new content terminal, Pocket TV, for overseas markets. This is the world's first Google-certified portable GTV (Google TV) product, with Thunderbird Air 2 glasses, users can seamlessly access the GTV ecosystem through the 201-inch high-definition giant screen anytime, anywhere, and enjoy massive content. (Sina Finance)
[vivo released X100 Ultra and blueprint image] On May 13, vivo released the new X100 series and jointly launched the blueprint image with Zeiss. Among them, vivo X100 Ultra is equipped with Zeiss 200 million pixel telephoto lens and one-inch main camera, the same low dispersion material as the professional camera is appliedFCD100, the telephoto image stabilization level reaches CIPA4.5 level, and the computing power adopts the Dimensity 9300+ platform, and the top version supports two-way satellite communication, with a starting price of 6499 yuan. (Hexun.com)
[8 films including "Rifle Hotel" are scheduled for the Dragon Boat Festival] "Rifle Hotel" was officially announced to be released nationwide on June 8, according to the Maoyan Professional Edition release calendar, as of now, a total of 8 films are scheduled to be released in the Dragon Boat Festival in 2024, namely "Land of Dreams", "Day and Night River", "Sweeping the Black, Never Give Up", "I Don't Want to Be Friends with You", "Rifle Hotel", "Stop-and-Go", "Negotiator" and "Leaving the Injury". (Interface News)
[New energy vehicles have become the "winner and loser" in the first quarter, and the growth rate of China's automobile exports is greater than that of domestic sales] China's automobile industry is undergoing a deep transformation of new energy and internationalization. On May 11, data released by the China Association of Automobile Manufacturers (CAAM) showed that China's new energy vehicle sales in April increased by 33.5% year-on-year, far exceeding the overall vehicle sales growth. At the same time, China's auto exports increased by 34% year-on-year in April, and the growth rate of auto exports has been greater than that of domestic sales. The industry reform is also reflected in the first quarter performance of major listed companies, which have become the "winners and losers" of the first quarter performance of listed car companies such as BYD and Celis. (Securities Times)