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[Giant Wind Indicator]
1. Elon Musk responds to Tesla's statement that they can make phones, but they cannot. On November 5th local time, Musk was interviewed by renowned podcast Joe Logan, who responded to rumors about Tesla making phones: "Building phones is not something we want to do unless Apple and Google start doing some very bad things, such as censorship of applications or gatekeeping in a very bad way, then I think we will make a phone
2. Lei Jun revealed that he is considering establishing a driving school to train track driving courses. On November 5th, Lei Jun, Chairman and CEO of Xiaomi Group, announced in a recent live broadcast that he is considering opening up three types of courses within Xiaomi, including advanced driving training, track driving training, and drift training, to Xiaomi car owners in the future. At present, there is no specific amount of training fees or cooperative driving schools formulated.
3. The ByteDance anti-corruption dismissed 103 people, and 11 people were suspected of committing crimes. ByteDance internally released the fourth Corporate Discipline and Professional Ethics Committee Notice within the year. According to the report, 103 people (including outsourcing and interns) were dismissed for illegal and irregular behavior, of which 11 people were investigated by the public security organs for suspected criminal offenses. In addition, the report also disclosed the recent incident of interns disrupting model training that has received attention. Among the 11 individuals suspected of constituting criminal offenses mentioned above, based on the suspected charges, one is suspected of embezzlement of official duties, five are suspected of accepting bribes from non-state personnel, and five have not disclosed their specific suspected charges. From the perspective of businesses and departments involved, 3 of the 11 people involved in e-commerce business, 3 in life services, 2 in Tiktok, and 1 in enterprise services, human resources and management, and finance.
4. Tencent launches Hunyuan Large open-source model. On November 5th, Tencent announced the launch of Hunyuan Large, the largest and most effective open-source MoE language model in the industry. The total parameter count of this model is 389B, the activation parameter is 52B, the training token count is 7T, and the maximum context length is 256K.
5. Kunlun Wanwei releases advanced search function for Tiangong AI. On November 5th, Kunlun Wanwei Tiangong AI officially released the latest version of AI advanced search function. Among them, Tiangong AI Advanced Search supports processing over 500K words of ultra long text in the field of document AI reading and analysis, and adds new interactions and functions: PDF citation source, PDF floating window, citation original display, deep parsing, and professional source display.
6. Apple is exploring its entry into the smart glasses market and has launched the codenamed "Atlas" plan. Apple is exploring entering the smart glasses market by conducting internal research on its current products, in preparation for following Meta in this category. According to informed sources, the project codenamed "Atlas" was launched last week, which includes collecting feedback from Apple employees on smart glasses and plans to establish more focus groups in the near future. These studies are led by the Product System Quality team under Apple's Hardware Engineering department.
7. The former head of Meta's AR glasses team announced his joining OpenAI. On November 4th local time, Caitlin Kalinofsky, former head of Meta's augmented reality (AR) glasses team, announced that she will join OpenAI tomorrow, responsible for robotics and consumer hardware business. Caitlin also led the hardware team for Meta Virtual Reality (VR) glasses for nine years.
8. CoreWeave, a cloud service provider supported by NVIDIA, is aiming for an IPO next year and has reportedly selected multiple major banks to prepare. Insiders have revealed that cloud service provider CoreWeave has chosen Morgan Stanley, Goldman Sachs, and JPMorgan Chase to prepare for its IPO next year. It is reported that preparations are underway and more banks may join. Last month, it was reported that Cisco Systems agreed to invest in CoreWeave, valuing the latter at $23 billion. CoreWeave's investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street Capital, Morgan Asset Management, and Fidelity.
9. Apple reportedly plans to invest nearly $10 million in Indonesia to seek the lifting of the iPhone 16 ban. Insiders revealed that Apple has proposed investing nearly $10 million to produce more products in Indonesia, seeking to lift the Indonesian government's ban on the sale of iPhone 16. It is reported that Apple has submitted a proposal to the Indonesian government, planning to cooperate with suppliers to invest in a factory in Bandung to produce accessories and components for Apple gadgets. According to informed sources, the Indonesian government is currently reviewing the proposal and is expected to make a decision soon.
10. Meta faces a fine of KRW 21.6 billion in South Korea for illegally collecting personal information. According to the survey results, Meta collected sensitive information such as religious views, political views, and whether they are married to the same sex from about 980000 Korean users on its social platform Facebook profile. According to the Personal Information Protection Law, information related to personal thoughts and beliefs, political opinions, sexual life, etc. is classified as sensitive information that requires strict protection and is generally prohibited from being processed.
Listed capital flow
1. Robot software startup Physical Intelligence has received investments from Bezos and OpenAI. Physical Intelligence, a startup that develops basic software for robots, announced on November 4th local time that it has raised $400 million in early-stage funding, with investors including Jeff Bezos, OpenAI, venture capital firms Thrive Capital, and Lux Capital.
2. Yuanrong Qixing received a $100 million financing from the host factory. On November 5th, Shenzhen Yuanrong Qixing Technology Co., Ltd. (hereinafter referred to as "Yuanrong Qixing") announced the completion of a $100 million C1 round strategic financing. Yuanrong Qixing stated that this round of financing is exclusively invested by top domestic automakers and will be used to solidify domestic mass production projects, expand overseas business, and provide financial support for exploring the commercial operation of Robotaxi and laying out VLA models and other technologies.
3. Humanoid robot company "Yuequan Bionics" has received nearly 100 million yuan in Pre-A round financing. Yuequan Bionics recently completed a Pre-A round financing of nearly 100 million yuan, led by Hongtai Fund, with Changxing Fund and Zhongguancun Qihang Fund as co investors, and Inspur Capital serving as the exclusive financial advisor for this financing. The raised funds will mainly be used for investment in the research and development of humanoid robots, the continuous construction of talent and technological barriers for the company, and the acceleration of commercialization and delivery.
4. A wholly-owned subsidiary of MTR Corporation has invested in Disheng Technology. On November 5th, MTR Lab Company Limited (a wholly-owned subsidiary of MTR Corporation) announced its investment in the mainland start-up company Di Sheng Technology. This strategic investment is MTR Lab's first investment in mainland China, and the funds will be used to promote the product research and development of Disheng Technology. MTR Lab will also support Disheng Technology in further developing technology solutions that meet international standards to develop overseas markets. Di Sheng Technology is positioned to develop AI acoustic monitoring and analysis technology, providing acoustic fault diagnosis, predictive maintenance, reducing downtime risks, and improving equipment maintenance quality for industries such as manufacturing, energy, power, and transportation.
New Trendy Products
Optimal Choice: For the first time, humanoid robots will collaborate with unmanned vehicles and be applied in BYD factories. On November 5th, Ubiquitous teamed up with its smart logistics subsidiary UQI UQI to launch a full stack unmanned logistics solution at the 2024 Asia Shanghai International Logistics Exhibition. For the first time, humanoid robots and unmanned vehicles will work together and be applied in BYD factories.
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