
Meituan, ByteDance, and Baidu Launch AIGC Products
TikTok parent company ByteDance, food delivery giant Meituan and tech giant Baidu have recently launched their own AI-generated content (AIGC) products.
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TikTok parent company ByteDance, food delivery giant Meituan and tech giant Baidu have recently launched their own AI-generated content (AIGC) products.

On the morning of July 3rd, it was announced that since Kai-Fu Lee publicly announced the establishment of AI2.0 new company at the end of March this year, after three months of preparation, the company has officially been named "Lingyi Wanwu" in Chinese and its official website (01.AI) has also gone live.

Baidu AI Cloud was scheduled to hold a launch event on March 27th at which it will unveil a series of cloud services and applications related to the company's new Ernie Bot. According to sources close to Baidu's insiders, the launch event has been cancelled and "will be postponed for a few days before being released".

Huiye Technology, an AI-driven technology service provider, has completed a Pre-A round of financing, led by Shunwei Capital.

After announcing its ChatGPT-style project Ernie Bot, Chinese tech giant Baidu united two departments for tackling key technical problems and applying ChatGPT-related technologies to search and content products.

Tsingyun Intelligence, an industrial intelligence service provider based in China, announced on Monday that it had completed round B and round B+ financing worth over 100 million yuan ($15.06 million).

On September 26, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced a range of innovative AI products and services at the 2023 Alibaba Cloud Global Summit.

On Chinese workplace social platform Maimai, several employees claiming to be from Chinese AI chip startup Cambricon revealed that the company is conducting layoffs without an N+1 salary compensation.

With the global pandemic continuing to surge and the global economy facing numerous challenges in the year ahead, Baidu Research shared the top 10 technology trends of 2022 on Tuesday.

The official website of the HKEx showed on Tuesday that an IPO application submitted by Chinese AI startup 4Paradigm on August 13, 2021 was invalid, as it has failed to pass the hearing within six months.

An agriculture competition organized by Chinese social commerce platform Pinduoduo and China Agricultural University has kicked off for the final round in Yunnan Province.

Chinese AI unicorn startup SenseTime has officially listed on the HKEx, with a selling price per share of 3.85 HKD ($0.49) and at one point rising as high as 20%.