I am MICI, the CEO study room. I have compiled a weekly report on the sea and sent it to you on time every Friday to help you review the most important news about the sea, touch the forefront of business technology, gain insight into the future road of the enterprise, and empower the globalization of the enterprise.
Look abroad
underfoot
1. Microsoft announces new AI Center in London
Recently, the American technology giant Microsoft announced in the official blog that the company will set up a new Microsoft Artificial Intelligence center in London, England, as the new base of the new department "Microsoft AI" (Microsoft AI). The new center, led by Jordan Hoffmann, a senior AI scientist and engineer at Microsoft, will work closely with Microsoft's AI team and partners such as OpenAI to drive pioneering work, advance advanced language models and infrastructure, and create the world's best tools for underlying models.
2. Strive to break through in the field of cloud computing Google promotes AI model Gemini to enterprise customers (Sina Finance)
Google has released a series of updates to its artificial intelligence products for cloud computing customers, stressing that the technology is secure and can be used in the enterprise space. At Google's annual Cloud computing conference in Las Vegas, cloud CEO Thomas Kurian demonstrated how Gemini, Google's most powerful AI model, can be used to create ads, defend against cybersecurity threats, and create short videos and podcasts. Enterprise customers can link Gemini's query responses to reliable sources of information. Kurian said the company is promoting the use of Google search results as a source of answers for AI models, providing greater accuracy and freshness.
3. Intel announces Gaudi 3 AI chip: Performance exceeds Nvidia H100, available in Q3 (IT Home)
Recently, at the Vision 2024 event, Intel announced a new generation of Gaudi 3 AI chips, which will be available in large quantities through OEM systems in the third quarter of 2024.
According to reports, the new Gaudi 3 compared to the Nvidia H100 training performance improved by 170%, reasoning ability improved by 50%, efficiency increased by 40%, but the cost is much lower.
In addition, Intel has introduced a new brand name for its data center CPU portfolio: chips formerly codenamed Granite Rapids and Sierra Forest will now be called the "Xeon 6" family. These chips are scheduled to be available this year and will support a new, performance-enhancing, standardized MXFP4 data format.
4. Uniqlo parent company's first-half net profit jumps more than 27% (Ebon Power)
Recently, Uniqlo parent company Fast Retailing Group released interim results, as of February 29, 2024, the first half of the fiscal year, the group's revenue increased by 9% to 1.6 trillion yen, profit increased by 16.7% to 257 billion yen, the net profit of the parent increased by 27.7% to 195.9 billion yen. Gross margin was 52.9%, an increase of 2.4 percentage points. During the period, Uniqlo's overseas market revenue increased by 17% year-on-year to 883.9 billion yen, and profit increased by 23% year-on-year to 150.9 billion yen. In its home market of Japan, revenue fell 2% to 485.1 billion yen, but profit rose 14.7% to 77.2 billion yen, mainly due to a significant improvement in cost rates and a 3.6 percentage point improvement in gross profit. GU revenue rose 9.6% year on year to 159.5 billion yen, while profit rose 17.5% year on year to 15.3 billion yen.
5. Amazon to invest $25 million in 10-year research collaboration to advance Artificial intelligence (Interface News)
On April 10, Amazon announced a new research partnership with the University of Washington, the University of Tsukuba, and Nvidia. The company will invest $25 million over the 10-year partnership to support key annual initiatives, including AI research grants and funding for postdoctoral and doctoral fellowships.
Look back at home
tramp
1. Station B ESG Report: More than 3 million UP main income in 2023 (Ebang Power)
Recently, Station B released the Environmental, Social and Governance Report 2023. According to the report, in 2023, the average daily use time of B station users will be 97 minutes, and the average daily video playback will reach 4.3 billion times. The number of daily active UP users increased by 24% year on year, the average monthly video submissions were nearly 21.5 million, an increase of 46% year on year, and more than 3 million UP users earned income in B station, an increase of 30% year on year. Among them, advertising and live broadcasting have become the most important channels for UP to obtain revenue. In 2023, more than 1.8 million UP owners earned income through live streaming, more than 950,000 UP owners joined various advertising plans, and the number of UP owners who earned income through video and live streaming goods increased by 133% year-on-year. In addition to live broadcasting and advertising, the B station also provides the UP master with rich cash channels such as charging, workshops, and classes. In 2023, a total of 2.4 million UP master opened the charging function, and more than 200 UP master's B station paid courses received more than one million water.
2. Ma Yun's internal voice affirmed the one-year effect of Ali's reform (Securities Times)
Recently, Ma Yun published a post entitled "To Reform and Innovation" on the Ali Intranet, highly affirming the courage of the new management composed of Tsai Chongxin and Wu Yongming for change, saying that Alibaba has returned to the track of healthy growth, and supports continued reform. It is reported that this is the first time in five years after retirement that Ma Yun shares his thoughts on the company's reform and innovation and future prospects. Ma Yun believes in the article that the core change of Ali in the past year is not to catch up with KPI, but to recognize themselves and return to the track of customer value. By attacking the disease of big companies, Ali returned to the supremacy of efficiency, the supremacy of the market, and became simple and agile.
3. Nearly a thousand Xiaopeng G9 shipped to Germany (interface news)
On April 9, Xopeng Motor announced that nearly 1,000 Xopeng G9 units have been shipped to Germany, which is a very large-scale overseas shipment in the history of Xopeng Motor. It is reported that the total export value of more than 500 million yuan, creating China's high-end intelligent driving pure electric vehicle single ship export value first.
4. Chery Automobile established a power battery company with a registered capital of 200 million yuan (Interface News)
Recently, Anhui Qida Power Battery Technology Co., Ltd. was established, the legal representative is Qu Guofeng, the registered capital of 200 million yuan, the business scope includes battery manufacturing, sales, auto parts and accessories manufacturing, goods import and export. The company is wholly owned by Chery Automobile Co., LTD. 's Wuhu Qida Power Battery System Co., LTD.
5.TikTok's spin-off period may be extended to 2025 (Interface News)
A month ago, the US House of Representatives voted in favor of a bill requiring ByteDance to sell TikTok within 180 days or face a ban. The bill will next be sent to the Senate for a vote. According to media reports, on April 10, the chairman of the US Senate Commerce Committee said that senators want to make the legal basis of the bill more complete, and are considering extending TikTok's divestiture period to one year.
As this week's work comes to a close, we would like to thank you again for your attention and support to the Chinese Manufacturing Enterprise Weekly Report.
When reviewing this week's major news, we deeply feel the development and change of the industry. In addition, we look forward to hearing your feedback and suggestions so that we can continuously improve and better provide you with valuable information.
Next week, we will continue to pay attention to corporate developments and bring you updated and more comprehensive industry information. Wish you all the best in your work and have a great weekend!
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