China Archives - Page 71 of 123

Baidu Responds to Functional Plagiarism of ERNIE Bot

On March 23rd, a blogger on Weibo published an article that questioned ERNIE Bot's image generating function has all but copied "StableDiffusion", and that ERNIE Bot has limitations in its Chinese semantic understanding. To this, Baidu responded that ERNIE Bot is a big language model fully developed by the company, and the ability of words to generate pictures comes from the big model ERNIE-ViLG.

Pony.ai and Meituan Reach Strategic Cooperation

On March 23rd, Pony.ai announced a strategic cooperation agreement with Meituan to jointly promote the commercial application of its autonomous driving technology in the field of distribution.

Chinese Automotive Associations Call for End to Price War

On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.

NVIDIA Offers AI Supercomputing Capabilities through Chinese Cloud Service Providers

On March 21st, local time, Huang Renxun, founder and CEO of NVIDIA, disclosed new artificial intelligence and chip technologies at GTC, an annual technology summit for software developers. The most impressive announcement was that the company will rent powerful and expensive supercomputers that were used to develop artificial intelligence technologies such as ChatGPT to almost all enterprises.

Former Leader of Alibaba M6 Joins ByteDance AI Lab

Yang Hongxia, the former leader of Alibaba's M6 model, left her post at the Alibaba DAMO Academy Intelligent Computing Lab in September last year for personal and family reasons, and has now joined ByteDance's AI Lab (Artificial Intelligence Lab) to participate in the R&D of language generation model.

Starbucks Launches Curbside Service in China with AutoNavi

On March 21, Starbucks launched a brand-new retail channel in China called "Starbucks Curbside" through its collaboration with Alibaba-backed web navigation company AutoNavi, providing orders to customers on the go.

US Chip Designer Marvell to Begin Layoffs in China

Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.

Power Semiconductor Maker E-tronic Secures Series A+ Financing

E-tronic, a provider of power semiconductors and system solutions for electric vehicles, has recently announced the completion of its series A+ financing round raising tens of millions of yuan. The funding was exclusively led by Sinovation Ventures.

Mobile Content Platform Qutoutiao to be Delisted from Nasdaq

Chinese mobile content platform Qutoutiao has received a determination letter from Nasdaq indicating the exchange's intent to delist the company's shares. The stock will be suspended from Nasdaq trading starting at market open on March 23.

OPPO Launches Find X6 Series

On March 21st, at OPPO's new series launch event, two flagship smartphones, the OPPO Find X6 and OPPO Find X6 Pro, were officially released.

Roborock Releases Two Automatic Cleaning Robots

On March 21st, Roborock released its annual flagship automatic cleaning robot G20 and a brand-new model, the P10.

XCMG Group Releases Web3 Exploration Plan

Following along with the concepts of Metaverse and Web3, Xuzhou Construction Machinery Group (XCMG ) announced the Bored Ape NFT series number #3489 as its ambassador at the construction machinery exhibition at the Las Vegas Metaverse, and released its Web3 exploration linkage plan.

NIO Announces Findings of Sexual Assault Investigation

On March 20, Chinese leading electric vehicle maker NIO released a report on its internal investigation regarding the dismissal of a former intern who claimed to have been sexually assaulted and subjected to unfair treatment while employed at the company.

Baidu’s Ernie Bot-Integrated Cloud Service to Launch on March 27

Baidu, a Chinese technology company that recently launched its ChatGPT-like platform called Ernie Bot, is preparing to introduce a cloud service on March 27 that will integrate the large language model (LLM) and generative AI product.

Tencent, NetEase Games Approved for Launch in China

China released the approval information of imported online games in 2023 on March 20, and a total of 27 games were approved. NetEase's "Audition: Everybody Party" and Bilibili's "Pretty Derby," and Tencent's "Merge Mansion" are all on this list.

Baidu’s Apollo Go Launches Fully Unmanned Automatic Driving Travel Service in Beijing

On March 17th, Baidu's Apollo Go was allowed to carry out a demonstration of its unmanned automated driving service in Beijing. This is the first time in the world that unmanned motor vehicles have been implemented in a capital city. So far, Apollo Go has started unmanned automated driving travel services in Beijing, Wuhan and Chongqing.

Chinese E-commerce Accounts Take Top Three Shopping Spots in Spain

n March 20th, data.ai, a well-known third-party data provider, published the download list of Spanish e-commerce apps, and those from China occupied the top three spots. Among them, Miravia and AliExpress, Alibaba's two major overseas businesses, are first and third respectively.

Nanjing University Overturns American Research on Room Temperature Superconductivity

On March 15th, Haihu Wen's team submitted a 16-page research paper authored by nine different experts on the preprinted website arXiv, which denied Dias's research conclusion. The paper concludes: "Our experiments clearly show that there is no superconductivity in lutetium nitrogen hydrogen material LuH2 xNy from ambient pressure to 6.3 GPa and temperature as low as 10K (about-263 degrees Celsius)."

PG Verse Receives Millions of Dollars in Pre-A Round Financing

PG Verse announced the completion of a Pre-A round financing worth several millions of dollars. This round of financing was funded by New Access Capital, BlueRun Ventures and Youshan Capital. The funds are aimed at bolstering the company's Metaverse ambitions and its underlying technology, including the integration of "R&D + Algorithm + Computing Power" such as spatial computing, AIGC and 3D cloud services, and accelerate the process of commercial applications.

EV Maker Enovate to Raise Over $108M

Enovate, a Chinese electric vehicle manufacturer facing financial difficulties, is set to receive a much-needed infusion of funds through a new round of financing.

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