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Kuaishou announced that it will further increase its investment in the artificial intelligence (AI) sector to address concerns about the monetization capability of its latest AI tools. At the earnings conference call on May 27th, Chief Financial Officer Jin Bing stated that as company revenue continues to grow, Kuaishou's overall losses in Ke Ling AI will gradually narrow. Additionally, the amortization of fixed costs such as training and labor will help improve financial conditions. Jin Bing revealed that Kuaishou's AI expenditures are expected to increase year-over-year, mainly aiming to attract and retain top AI talent and enhance capabilities.

Meta announced a major reorganization of its AI division, splitting it into two core teams: 'AI Products' and 'AGI Foundations'. This move aims to address technical challenges and accelerate product development. In this restructuring, the original AI division has been divided into two key teams: the 'AI Products' team, led by Connor Hayes, focuses on the Meta AI Assistant and its functional applications on platforms such as Facebook, Instagram, and WhatsApp. The 'AGI Foundations' team is led by Ahm

Tech giant Apple recently made another significant adjustment to its artificial intelligence (AI) division. According to sources, Apple plans to transfer its secretive robotics team from the purview of AI chief John Giannandrea to senior vice president of hardware engineering, John Ternus, later this month. This follows the March move of the underperforming Siri voice assistant business away from Giannandrea. A series of...

Infosys recently released its Q4 FY25 financial report, revealing a net profit of $814 million, a 11.7% decrease compared to $959 million in the same quarter last year. However, the company's revenue grew by 7.9% year-over-year, reaching $4.7 billion. For the full fiscal year, total revenue reached $19 billion, showing a modest 3.9% increase. In a press release, Infosys CEO Salil Parekh expressed optimism regarding generative AI...

As an established non-profit, OpenAI is committed to building the world's best-equipped non-profit organization, aiming to enhance human creativity through historic financial resources and powerful technology. Imagine a model where a charity's investment capacity grows as the value of its affiliated companies increases. In OpenAI's vision, philanthropy is not merely the flow of money, but a fundamental form of support. Leveraging technology developed by leading AI companies, non-profit organizations will be able to...

Zhihu recently released its Q4 2024 and full-year financial results. The data shows that Zhihu's annual revenue reached 3.6 billion yuan, a 14.3% decrease compared to last year. However, in Q4, Zhihu achieved a significant breakthrough, with revenue reaching 860 million yuan. Adjusted net profit was 97.1 million yuan, and operating profit was 23.1 million yuan, successfully achieving overall profitability. This marks the first time Zhihu has achieved overall profitability in a single quarter since its IPO.

Although Elon Musk lost his preliminary injunction bid in the OpenAI lawsuit, a federal judge expressed serious legal concerns about the AI company's transition from non-profit to for-profit, offering hope to those opposing the change. US District Judge Yvonne Gonzalez Rogers on Tuesday rejected Musk's request for an injunction to halt OpenAI's transformation into a for-profit company, but noted that significant and irreparable harm could result when public funds are used for such a transition. The judge also mentioned OpenAI's...

Recent legal battles between Tesla CEO Elon Musk and OpenAI have reignited attention. Musk's lawsuit alleges that OpenAI deviated from its original non-profit mission when transitioning to a for-profit entity. Founded in 2015 as a non-profit, OpenAI shifted to a "capped-profit" structure in 2019 and now plans to further transform into a public benefit corporation. Musk had requested a temporary restraining order from the court to halt OpenAI's for-profit transformation, but the Northern District of California...

DeepSeek launched an official account on Zhihu and published a technical article, "DeepSeek-V3/R1 Inference System Overview," detailing its model inference system optimization and cost-profit margin information for the first time, marking the end of the highly anticipated DeepSeek Open Source Week. The article highlights two key optimization goals for the DeepSeek-V3/R1 inference system: higher throughput and lower latency. To achieve these goals, DeepSeek employs large-scale cross-node expert parallelism (EP) technology, although...

Dell Technologies is forecasting lower profit margins for its fiscal year 2026, citing increased costs associated with the rising demand for AI servers.

In a recent legal dispute, Elon Musk's lawyer stated that if OpenAI decides to abandon its transition to a for-profit company, they will withdraw the $97.4 billion acquisition offer for OpenAI's non-profit division. This news has sparked widespread attention in the tech community. Musk has long opposed OpenAI's transition from a non-profit organization to a for-profit enterprise. He believes that OpenAI should adhere to its original non-profit mission to ensure that its technology development and applications benefit all of humanity. In contrast,

In documents recently filed in the U.S. District Court for the Northern District of California, billionaire Elon Musk's lawyers stated that if OpenAI's board can "uphold the mission of the charity" and halt its transition to a for-profit company, Musk will withdraw his proposed $97.4 billion acquisition of the nonprofit organization. The documents emphasized that Musk's acquisition proposal is "serious" and indicated that the OpenAI nonprofit must receive compensation commensurate with what a typical market buyer would pay for its assets.

Google's Gemini AI Assistant has not yet introduced advertising, but this may change in the future. During Alphabet's investor conference call, CEO Sundar Pichai mentioned that the company has 'very good ideas' regarding how to display advertising with Gemini in the future. While users currently access Gemini through either a free or paid subscription model, advertising could become part of the product. Pichai responded to a Wells Fargo analyst regarding G

In the context of the rapid rise of the global artificial intelligence sector, OpenAI is undertaking an important strategic restructuring aimed at transforming its charitable division PBC (Public Benefit Corporation) into a profit-making entity. According to insiders, OpenAI has initially valued this newly established charitable division at $30 billion, but there remains no clear answer regarding the stake Microsoft's $14 billion investment will represent. During these negotiations, the OpenAI board is busy discussing.