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As the challenges and pressures faced by the banking industry in digital transformation intensify, more and more banks are beginning to integrate large model technology into their core businesses, rather than simply relying on chatbot applications. The latest financial reports show that some major domestic banks have made significant progress in technology investment and large model applications, but also reveal a trend of differentiated investment. According to an analysis of ten major banks by Titanium Media App, including the six major state-owned banks and several joint-stock banks, six of them have seen a reduction in technology investment. For example,

New York-based AI startup 1Fort announced a $7.5 million seed funding round to improve the process of small businesses obtaining commercial insurance through its AI-powered platform. The company, which saw 200% revenue growth in 2024, aims to automate cumbersome and outdated manual processes, helping millions of underserved small businesses address insurance gaps. The funding round was led by Bonfire Ventures, with participation from Draper Associates.

Designers woke up to a collapsing world. Jimeng quietly launched the internal testing of its 3.0 model. The new model has made significant breakthroughs in image quality, generating images with rich details and superior quality from simple text prompts. Jimeng 3.0's core advantage lies in its precise control over complex scenes and details. By inputting short prompts, the model can generate visually stunning images in a short time, such as realistic natural landscapes or exquisite portraits. Compared to previous versions, Jimeng 3.0 shows significant improvements in scene layout, color matching, and detail rendering.

On March 25th, Kuaishou released its full-year 2024 financial results, reporting a year-on-year revenue growth of 11.8% to 126.9 billion yuan, and adjusted net profit reached 17.7 billion yuan, a significant year-on-year increase of 72.5%. A highlight of the report is the rapid commercial progress of Keling AI, its video generation large language model launched in June last year. By February this year, it had accumulated over 100 million yuan in revenue. Keling AI adopts a membership fee model for C-end users and has established API subscription partnerships with thousands of B-end enterprises. Kuaishou CEO Cheng Yixiao revealed in the earnings conference call that Keling AI is already serving...

DeepSeek quietly released its latest large language model, DeepSeek-V3-0324, causing a stir in the AI industry. This massive 641GB model appeared on the Hugging Face model hub with almost no prior announcement, continuing the company's understated yet impactful release style. Performance leaps rivaling Claude Sonnet3.5 make this release particularly noteworthy.

HPC-AI Tech recently announced Open-Sora 2.0, a groundbreaking video AI system achieving commercial-grade quality at approximately one-tenth the typical training cost. This represents a potential paradigm shift in the resource-intensive field of video AI, mirroring efficiency gains seen in language models. While existing high-quality video generation systems like Movie Gen and Step-Video-T2V can cost millions of dollars to train, Open-Sora 2.0 offers a significantly more affordable alternative.

The AI revolution is upon us! Tech leader Kai-Fu Lee recently made a bold prediction: 2025 will not be ordinary; it will mark an explosive year for AI applications and a crucial test for large model commercialization. Opportunities and challenges coexist as a transformative storm reshaping the future of AI is brewing. Lee's prediction is not unfounded but based on his deep understanding of industry trends. He points to the emergence of DeepSeek as an example, expressing excitement that it represents more than just a Chinese AI advancement.

Douyin's Safety Center recently announced a crackdown on stock investment content on its platform, aiming to foster a healthy online environment. While encouraging financial and securities professionals to share reliable information, Douyin is targeting accounts using AI tools to spread misinformation and even engage in fraudulent activities without proper qualifications. These accounts often promote supposedly high-efficiency AI stock picking tools to attract users.

At the 2025 Global Developer Pioneer Conference, SenseTime announced the launch of its open-source low-code platform, LazyLLM, aimed at lowering the barrier to entry for AI application development. Developers can now build complex multi-agent large model applications with approximately 10 lines of code. LazyLLM not only helps users rapidly develop AI applications but also simplifies the development process through intuitive operations, making it as easy as building with blocks. The name "LazyLLM" reflects SenseTime's goal of enabling effortless AI application development.

On February 25th, JD Retail's technology team announced the official launch and full opening of its self-developed JingDianDian AIGC content generation platform. This platform aims to provide e-commerce merchants with a highly efficient and cost-effective content generation solution using AI technology. Currently, the platform covers over 20 core scenarios, with daily AI capability calls exceeding 10 million times. It assists over 350,000 JD merchants in generating high-quality product images, marketing copy, and soon-to-be-launched main video, significantly improving content production efficiency and reducing production costs.

On February 25th, at the 2025 Global Developer Pioneer Conference, SenseTime announced a comprehensive upgrade to its AI productivity tool, the Xiao Huan Xiong family. This upgrade significantly enhances its multimodal capabilities, accelerating the application of AI and advancing its evolution towards AI Agents. The improvements not only boost performance but also reaffirm AI's fundamental purpose: to serve as a powerful productivity tool.

On February 24th, the National Intellectual Property Administration (CNIPA) announced it had legally rejected a batch of trademark applications for 'DeepSeek' and similar names, aiming to maintain a fair market and protect the legitimate rights and interests of innovative entities. The announcement notes that DeepSeek, an AI large language model developed by Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., has recently garnered significant global attention for its technological prowess and market potential. Image note: Image generated by AI, image rights provided by Midjour.

The Qichacha APP shows that on February 10, Shandong University of Traditional Chinese Medicine released a correction announcement for the smart course construction project (3008), stating that for packages 1, 2, and 3, the project requirements and technical specifications have added "Integration Requirement Importance: General; Technical Specifications: Ability to integrate with DeepSeek model." The budget for package 1 is 2 million yuan, for package 2 is 800,000 yuan, and for package 3 is 1.4 million yuan.

Recently, the launch of the domestic large model DeepSeek has attracted widespread attention in the tech and investment sectors. As the popularity of this new technology skyrockets, various paid training courses related to DeepSeek have emerged. According to the Beijing Daily, a large number of DeepSeek-related courses appeared online after the Spring Festival holiday, attracting many users to pay for participation. Some knowledge payment bloggers have even leveraged this trend to quickly attract a large number of paying members, with one blogger selling courses worth nearly 200,000 in just 4 days.

With the rise of the domestic AI model DeepSeek, a group of speculators are profiting from users' curiosity about AI. Investigations reveal that some merchants are making substantial profits by selling free DeepSeek installation packages and low-priced 'monetization courses'. On an e-commerce platform, the prices for DeepSeek installation packages range from 9.9 to 19.9 yuan. One store has sold over 200,000 copies, which, even at the lowest price of 9.9 yuan, translates to over 2 million yuan in revenue. However, reporters found that these paid contents are actually...

On January 20th, SenseTime announced that its 'SenseNova-5o Interactive Version' is officially providing real-time audio and video conversation services, available to users for free for a limited time. The release of this interactive version marks another significant advancement for SenseTime in the field of artificial intelligence, aiming to enable more natural and smoother communication between AI and humans through powerful real-time interaction, visual recognition, memory thinking, and complex reasoning capabilities.

In the AI era, enterprises need to focus not only on the parameters of models but also on their application value. With the number of large model bidding projects skyrocketing to 1,520 in 2024, iFLYTEK held the AI Service Market Industry Partner Ecosystem Conference in Beijing's Zhongguancun, gathering representatives from hundreds of companies to discuss cutting-edge trends and application practices in large model technology. iFLYTEK's Senior Vice President Yu Jidong pointed out that the AI service market aims to drive industrial upgrading and has constructed a brand new industry growth model for AI rejuvenation. Since 2010,