Kwai starts the largest organizational structure adjustment in the year
On December 7, Kwai released an internal email announcing a new round of organizational restructuring, involving multiple business lines such as the main station, e-commerce, commercialization, and community science. This is also the largest organizational restructuring of Kwai since this year.
Specifically, the local consumption business department under the Kwai Commercialization Business Department was adjusted to the main station offline, renamed as the Recruitment Real Estate Business Department, which is responsible for quick recruitment and real estate related businesses; Cancel the main site product department and establish an incubation product department offline, responsible for independent APP products such as Kuaiying, Yitian Camera, and Huisen.
After the CEO was arrested, Douyu handed over his third quarter transcript
On December 7th, Douyu released its financial report for the third quarter of 2023. The total net income of Douyu in the third quarter was 1.3592 billion yuan, a year-on-year decrease of 24.42%, with a net profit of 76.4 million yuan and a net loss of 6.6 million yuan in the same period last year. After adjustment, the net profit increased to 71.9 million yuan, a year-on-year increase of 179.9%.
In the third quarter financial report conference call of Douyu, Douyu Director and Vice President Cao Hao stated that Douyu Company is currently operating normally and will continue to closely monitor and investigate relevant situations, and disclose them in a timely manner when necessary. Douyu is always committed to legal compliance and will take necessary measures against any violations of platform rules and policies, with the goal of achieving long-term healthy development of the platform.
November China Mobile Game Global Revenue Ranking Released
On December 7th, according to data from third-party data testing firm Sensor Tower, the global mobile game market showed a downward trend in monthly revenue in the first half of this year, with a total revenue of $38.6 billion for the entire six months, a year-on-year decrease of 4.2%. After entering the second half of the year, the global mobile game market's revenue has resumed a year-on-year growth trend, with a total revenue of 31.7 billion US dollars from July to November.
According to the statistics on the list, 37 Chinese manufacturers made it to the top 100 last month, with a total revenue of 1.87 billion US dollars, accounting for 38.3% of the revenue of the top 100. Among them, Tencent, NetEase, and MiHoYo still rank in the top three, followed closely by Diandian Interactive, Sanqi Interactive, and Lilith.
Google releases multimodal large model Gemini 1.0
On the early morning of December 7th, Google CEO Sandal Pichai and Deepmind CEO Demis Hassabis jointly posted on Google's official website, announcing the official launch of the latest multimodal large model Gemini 1.0 (Gemini) version. From the demonstration video released by Google, it can be seen that all existing multimodal large models on the market have intergenerational performance differences with Gemini, including Meta's open-source AI model ImageBind across six modalities and GPT-4 in May.
Google has stated that Gemini will reach billions of users through Google products. Starting from December 13th, developers and enterprise clients can access Gemini Pro through the Gemini API in Google AI Studio or Google Cloud Vertex AI.
AMD releases two flagship AI chip products
On December 7th, AMD officially released two flagship AI chip products, Instinct MI300X and MI300A, at the Advancing AI Conference held in San Jose, California, USA.
MI300X is a data center GPU designed specifically for generative AI intelligent computing power, with the front facing facing Nvidia H100; MI300A is an APU product designed specifically for supercomputers. APU is an upgraded CPU concept proposed by AMD in 2011, which combines the CPU and GPU on the same chip to meet the requirements of high-performance computing in supercomputers.