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In a recent funding round, Abridge, an artificial intelligence startup dedicated to automating medical records, successfully raised $300 million in Series E financing, increasing its valuation to $5.3 billion. The round was led by the renowned investment firm Andreessen Horowitz, with Khosla Ventures also participating. Notably, this funding followed the company's $250 million funding round in February, when its valuation was $2.75 billion. Abridge has been in operation for seven years.

According to reports from the Financial Times, Elon Musk's artificial intelligence startup xAI is launching a stock sale plan worth $300 million. This plan is believed to be conducted in the secondary market with the aim of allowing company employees to sell their shares to new investors. The valuation of this stock sale reached $113 billion (approximately RMB 813.67 billion), showing the high attention the market pays to xAI. Previously, xAI was valued at $33 billion.

Recently, Telegram has reached a partnership with Elon Musk's artificial intelligence company xAI to distribute the latter's chat bot Grok through Telegram and integrate it into available applications on the chat application platform for one year. Telegram CEO Pavel Durov said on Tuesday that as part of the deal, xAI will pay $300 million in cash and equity to the chat application. Durov said, Te

China National Petroleum Corporation has officially released its latest Kunlun large model, with a parameter count as high as 300 billion. This milestone advancement marks an important step forward for China National Petroleum Corporation in the field of AI. The development of this large model was jointly created by four major giants: China National Petroleum Corporation, China Mobile, Huawei, and iFlytek. It is expected to complete formal filing by August 2024 and become the first approved large model in the energy and chemical industry. It is worth noting that the launch of the Kunlun large model was not accidental. As early as August 28 last year, China National Petroleum Corporation had launched a 33 billion parameter model.

In recent tech news, Telegram CEO Pavel Durov announced a major partnership agreement with Elon Musk's xAI. According to the agreement, xAI will pay $300 million to Dubai-based communications platform Telegram to deploy its latest artificial intelligence chatbot, Grok. This partnership is valid for one year, and Durov stated that this move will significantly enhance Telegram's financial position. Grok is launched by xAI

China National Petroleum Corporation Limited officially released its latest Kunlun large model with 300 billion parameters in Beijing. This significant achievement marks another important breakthrough for China in the field of large model technology, demonstrating the rapid progress and innovative capabilities of state-owned enterprises in the field of artificial intelligence. The new Kunlun large model has made remarkable improvements compared to the previous 700-billion-parameter version released in November 2024. The parameters of the language large model increased from 700 billion to 300 billion, the parameters of the vision large model increased from 3 billion to 44 billion, while those of the multimodal large model were...

In the latest development in the artificial intelligence field, OpenAI announced a remarkable $40 billion private funding round. This not only sets a new funding record but also catapults OpenAI's valuation to $300 billion, making it one of the largest private funding rounds ever. The news has garnered significant attention across the global tech industry. The funding round was led by SoftBank Group, with other investors including Microsoft, Coatue, Altimeter, and Thrive.

According to a recent Bloomberg report, OpenAI is close to finalizing a massive $40 billion funding round led by SoftBank, marking the largest funding round in the history of the AI industry. This funding is expected to significantly boost OpenAI's valuation to approximately $300 billion, nearly double its valuation in October 2023. SoftBank will be the lead investor, initially committing $7.5 billion, with several other investment firms participating, including Magnetar Capital.

Ant Group's Ling team recently published a preprint on arXiv titled "Every FLOP Matters: Scaling a 300-billion parameter Mixture-of-Experts LING model without high-end GPUs," detailing two novel large language models: Ling-Lite and Ling-Plus. These models incorporate several innovations enabling efficient training on low-performance hardware, significantly reducing training costs.

AMD recently announced GAIA, an open-source application designed to provide a highly efficient and localized method for running Large Language Models (LLMs). Currently supporting Windows and optimized for Ryzen AI 300 series processors, GAIA leverages the strengths of these processors for AI tasks. GAIA is a generative AI application enabling private LLM execution on personal computers, ensuring data privacy. Furthermore, GAIA utilizes...

Humanoid robot technology is quietly revolutionizing research and education. On March 12th, a major announcement captured industry attention: UBTECH Robotics, in collaboration with the Beijing Humanoid Robot Innovation Center, launched TianGong Walker, a full-size research and education humanoid robot. Priced at an astonishing $299,000, it shatters industry barriers, creating a wave of affordability in a market where comparable products typically cost over $500,000. This research-grade robot is not only affordable but also boasts impressive specifications. TianGong Walker stands 17...

Ele.me today announced the launch of an AI algorithm competition focused on the local life sector. The competition aims to explore how cutting-edge technology can drive innovation in practical applications and improve efficiency and user experience in the service industry. The competition features three tracks: Smart Elderly Care, Smart Rider, and Intelligent Business Efficiency. Each track will select five winning teams to share a total prize pool of 300,000 RMB. The first prize is 50,000 RMB, the second prize is 30,000 RMB, the third prize is 10,000 RMB, and two additional prizes of 5,000 RMB each.

On the morning of February 17, Tencent Holdings' stock price surged in the Hong Kong market, rising over 7.5% at one point, leading to an increase in market value of approximately 320 billion Hong Kong dollars (about 298.1 billion yuan). Related concept stocks also showed strong performance, with Weimob Group (02013.HK) up 15%, Yuanshen Group (00772.HK) up 11.97%, and Youzan (08083.HK) up 10.16%. The significant stock price increase may be related to the latest developments in WeChat Search. On February 16, Tencent announced that WeChat Search has integrated the mixed large model to provide AI search functionality.

Recently, AMD announced in its Q4 2024 earnings call that it plans to accelerate the launch of its next-generation data center GPU series - AMD Instinct MI350. AMD CEO Lisa Su stated that the MI350 will undergo sample testing with 'key customers' this quarter and will ramp up production and shipping by mid-year. Su noted that AMD initially planned to launch the MI350 in the second half of 2025, but the product’s progress has exceeded expectations, coupled with strong customer demand.