JD (09618) established the "Chameleon Business Division", fully undertaking the creation and commercialization of core AI products such as JoyAI App, JoyInside, and Digital People. JD responded to mainland media that the commercialization of AI technology is accelerating, and the JD Chameleon business department has been established. The second batch of self-developed AI toys will be fully launched in mid month JD (09618) established the "Chameleon Business Division", fully undertaking the creation and commercialization of core AI products such as JoyAI App, JoyInside, and Digital People. JD responded to mainland media that the commercialization of AI technology is accelerating, and the JD Chameleon business department has been established. The second batch of self-developed AI toys will b
40% of Xiaomi's revenue comes from mobile phone sales, with a profit contribution accounting for nearly half. Meanwhile, the growth of its new energy vehicle SU7 has brought a high premium to the shares in recent years. However, Xiaomi has always been characterized by its high cost-effectiveness, and its gross profit margin is not high. Once the cost increases and it cannot be completely passed on to consumers, it will have a significant impact on its profitability. In addition to chips and memory, metal prices have skyrocketed in recent years, causing the prices of metal materials for mobile phones, household appliances, and cars to rise simultaneously. In other words, Xiaomi is being impacted by rising costs in all directions. Because of this, even though Lei Jun used 100 million HKD to
The Korean stock market is strong, with the heaviest Samsung Electronics taking great credit. Driven by the continued strong demand for artificial intelligence (AI) and server capacity, there is a global "memory shortage" and the storage market has entered a super bull market, with the profitability of related enterprises significantly increasing. According to a Citigroup report, storage providers pricing power has reached an all-time peak and is entering an extreme seller's market, warning that there will be a severe shortage of storage chips in 2026. It is expected that the average selling price of dynamic random access memory (DRAM) and enterprise-grade solid-state drives (SSDs) has surged by 144% and 87% year-on-year; based on the above assumptions, it is estimated that Samsung, the gl
Joe Creed, CEO of Caterpillar, said: “As AI transcends the data level and starts to reshape the physical world, it is opening up new opportunities for innovation — from construction sites, factory workshops to workplaces, Caterpillar is committed to addressing the most severe challenges customers face by applying advanced technology in all aspects of the equipment and business.” The collaboration with NVIDIA is advancing this process at an unprecedented speed." Jensen Huang, founder and CEO of NVIDIA, said: "For a century, the industrial equipment created by Caterpillar has shaped the entire world; in the era of artificial intelligence, NVIDIA and Caterpillar will collaborate in all aspects—from the autonomous construction fleet to the artificial intelligence data center that will help the
Nvda has released its new self driving model Alpamayo, and Tesla's stock price plummeted in response However, Musk believes that going from 0 to 99 is easy, and the hardest part is the remaining 1%.
Last Saturday, the US military suddenly invaded Venezuela, and there were multiple explosions in the capital Caracas. As a result, President Nicolas Maduro and his wife were arrested and sent to the United States for trial. Without dragging the mud and rushing straight towards the Venezuelan regime, the political situation in Venezuela is already predictable. Geopolitics have become complex, with China and Russia losing their strategic strongholds in Latin America, and a large amount of oil investment, infrastructure, and economic interests in Venezuela have been seized. How China and Russia can counterattack has become the focus; commodity market performance has attracted much attention, with oil prices and gold prices likely falling instead of rising. The joint military and law enforceme
Huang emphasized that energy constraints are the core physical boundary of current AI development, and the upper limit of all calculations is ultimately constrained by bit flipping and the energy required for information transmission. "We are far from reaching those fundamental bottlenecks that truly limit development," he said. At the same time, our task is to build a more energy-efficient computing platform. Meanwhile, Huang mentioned that improving the energy efficiency of AI computing is NVIDIA's current priority. He emphasized that since 2016, the energy efficiency of AI computing has increased by 10,000 times, and this progress is comparable to the technological singularity in the automotive and lighting industries in terms of energy density improvement. To build smarter systems must
Amazon Network Services (AWS) announced a plan on Monday to build and deploy for the first time a system dedicated to artificial intelligence and high-performance computing for the US government. The plan promises to invest up to $50 billion to enhance the company's artificial intelligence and supercomputing capabilities to US federal government customers. This investment will launch in 2026, when it will build data centers on AWS's Top Secret Area, AWS Secret Area, and AWS Government Cloud (US) Regions, using advanced computing and networking technologies, adding nearly 1.3 gigawatts of artificial intelligence and supercomputing capabilities.
This year, the new stock market in Hong Kong has made a strong comeback, with a total annual fundraising of about 280 billion HKD, and is set to return to the top spot in new stocks globally. However, at the same time, the basic underwriting rate of Chinese issuers continuing to rely less on international investment banks this year, the basic underwriting rate of investment banks has hit a 25-year low, an average of only 1.46%. The industry believes that under the continued fierce competition, the future rate levels will hardly show significant improvement. The basic fee rate is more than 20% less than the peak According to LSEG statistics, as of December 15, this year, the average underwriting rate for local IPOs and second listings in 2025 (only basic fees, not discretionary incentives)
Amazon rose nearly 3% in the night session. According to The Information, OpenAI is in negotiations with Amazon to raise at least $10 billion from Amazon and use Amazon's artificial intelligence chips
There are about a hundred new cloud merchants operating like CoreWeave around the world, borrowing funds from banks, bond markets, private equity funds, or issuing stocks and equity bonds through the stock market, then buying GPUs from Fedda to install their hardware in the cabinets and leasing their hardware to AI companies, including OpenAI and Meta, which seem worry-free. However, there are some flaws in their business model. One is that the added value of the business is not significant, and the cost is very high. As seen from a report released by McKinsey last month, the evolution and next step of new cloud services, 36% of their revenue is gross sales costs, because they do not own the power and hydropower systems of their factories and data centers, they need to rent from the owners
Temu, a subsidiary of Pinduoduo, has reportedly been subjected to a surprise inspection by the European Union, fearing that it may receive subsidies from the Chinese government. Last week, the EU's competition regulator raided Temu's European headquarters in Dublin, Ireland, to investigate whether it had received unfair subsidies, according to foreign media reports. Suspected of receiving unfair subsidies from China The Commission said it had conducted an unannounced on-site inspection of a company actively engaged in e-commerce within the EU under the Foreign Subsidies Regulation, but did not disclose the name of the company involved. The Foreign Subsidies Regulation aims to combat unfair competition caused by non-EU companies receiving government subsidies, and companies that violate the
According to sources cited by Reuters, Nvidia has developed location-validation technology that can show which country its chips are operating in, helping to prevent their artificial intelligence (AI) chips from being smuggled into countries that are prohibited from exporting. The news indicates that this new feature of Nvidia utilizes the confidential computing power of its image processor (GPU). The company has demonstrated this feature privately in recent months, but has not publicly released it, allowing customers to choose to install it when updating the software. Utilize GPU monitoring. Not publicly released The report points out that the software's purpose is to enable customers to track the overall computing performance of the chips, which is a common practice for businesses when p