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Everything about China's Innovation

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Xiaomi Responds to the Incident at the Haikou Parking Lot

Xiaomi Responds to the Incident at the Haikou Parking Lot

Xiaomi responds to the incident at the Haikou parking lot, and will actively cooperate to assist the police in their investigation.

News Jun 07June 7, 2024
Pandaily
AWS China’s Executive Liang Yan Joins Microsoft Azure

AWS China’s Executive Liang Yan Joins Microsoft Azure

Recently, there have been changes in the core senior management of AWS Greater China Region: Liang Yan, head of the Top Account department, has resigned and moved to Microsoft Azure.

Industry Jun 07June 7, 2024
Pandaily
NIO’s Third Factory Has Started Construction with A Production Capacity of 100,000 Vehicles Per Shift

NIO’s Third Factory Has Started Construction with A Production Capacity of 100,000 Vehicles Per Shift

NIO's third factory has recently started construction, with a single shift capacity of 100,000 units. It will be used for the production of future NIO and ONVO brands products.

Auto Jun 06June 6, 2024
Pandaily
Mercedes-Benz Will Adopt the Momenta Light Mapping Urban Area Solution

Mercedes-Benz Will Adopt the Momenta Light Mapping Urban Area Solution

Mercedes-Benz is reported to adopt the Momenta Light Mapping Urban Area Solution, with the CLA model launching first and set to be implemented in April 2025.

Industry Jun 06June 6, 2024
Pandaily
Douyu Reports Q1 Revenue of 1.04 Billion RMB, a Year-on-Year Decrease of 29.9%

Douyu Reports Q1 Revenue of 1.04 Billion RMB, a Year-on-Year Decrease of 29.9%

The number of mobile monthly active users decreased from 50.2 million in the same period last year to 45.3 million, and the average number of paying users also decreased from 4.5 million to 3.4 million.

News Jun 05
Pandaily

BYD’s FinDreams Secures Energy Storage Battery Order from Tesla

FinDreams Battery, a subsidiary of BYD, has solidified a supply agreement with Tesla in March of this year.

Auto Jun 05June 5, 2024
Pandaily
Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges

Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges

Due to a lukewarm reception of the MEGA model and fewer orders for the L series than anticipated earlier this year, Li Auto was compelled to reduce its yearly sales forecast.

Auto Jun 05June 5, 2024
Pandaily
Westlake University Team Develops Fast-DetectGPT, Capable of Identifying AI-Generated Text

Westlake University Team Develops Fast-DetectGPT, Capable of Identifying AI-Generated Text

Without the need for training, Fast-DetectGPT can directly use open-source small language models to detect text content generated by various large language models.

AI Jun 05June 5, 2024
Pandaily
Xiaomi Robot Company Officially Moves into the Xiaomi Auto Beijing Factory

Xiaomi Robot Company Officially Moves into the Xiaomi Auto Beijing Factory

The relocation ceremony of Xiaomi robot company was held in Beijing Yizhuang, marking not only the expansion of the company's scale, but also reflecting Xiaomi's determination to deepen its efforts and innovate continuously in the field of robotics.

Industry Jun 05June 5, 2024
Pandaily
Li Auto Recalls Staff Amid Layoffs Impacting R&D and Testing

Li Auto Recalls Staff Amid Layoffs Impacting R&D and Testing

Laid-off workers from Li Auto's smart driving team say the recent staff cuts have seriously disrupted the in-house R&D and testing departments, nearly halting development.

Auto Jun 05June 5, 2024
Pandaily
Richard Yu Promotes AITO M9 via Live Streaming, Claims “Huawei’s Smart Driving Experience Surpasses Tesla’s”

Richard Yu Promotes AITO M9 via Live Streaming, Claims “Huawei’s Smart Driving Experience Surpasses Tesla’s”

With new energy vehicle models becoming increasingly similar in technology and design, live streaming has emerged as a valuable tool for brand recognition.

Auto Jun 04June 5, 2024
Pandaily
Li Auto Combines Retail and Delivery Units Amid Challenges in Meeting Sales Goals

Li Auto Combines Retail and Delivery Units Amid Challenges in Meeting Sales Goals

Li Auto, whose first-quarter performance didn't meet expectations, is making further organizational changes following significant layoffs and a slowdown in production.

Auto Jun 04June 4, 2024
Pandaily
Stanford AI Project Authors Apologize for Plagiarizing Chinese Large Model and Pledge to Remove Related Models

Stanford AI Project Authors Apologize for Plagiarizing Chinese Large Model and Pledge to Remove Related Models

The authors of the Stanford Llama3-V team has formally apologized to the Mianbi MiniCPM team from Tsinghua University on social media for this academic misconduct and indicated they would remove all Llama3-V models.

AI Jun 04June 4, 2024
Pandaily
Tencent May Acquire A 10% Stake in Thailand’s GMM Music for $70 Million

Tencent May Acquire A 10% Stake in Thailand’s GMM Music for $70 Million

The Thai entertainment company GMM Music announced that Chinese internet giant Tencent and its music entertainment platform Tencent Music Entertainment will acquire 10% of its shares for $70 million.

Cross-border Jun 04June 4, 2024
Pandaily
Boeing Has Resumed Delivering Aircraft to China

Boeing Has Resumed Delivering Aircraft to China

Boeing China President Alvin Liu stated that Boeing has resumed delivering new aircraft to China and continues to regard the Chinese market as a top priority.

Cross-border Jun 04June 4, 2024
Pandaily
Baidu Maps’ Lane-Level Navigation Set to Launch on Tesla, with New UI Design

Baidu Maps’ Lane-Level Navigation Set to Launch on Tesla, with New UI Design

On June 3rd, Baidu Maps released a video of the real-world testing of the Tesla-specific Baidu Maps V20 version, announcing that Baidu Maps' lane-level navigation will soon be launched on Tesla.

Auto Jun 04June 4, 2024
Pandaily
Zhang Yunfan Appointed As the Head of ByteDance’s Gaming Business

Zhang Yunfan Appointed As the Head of ByteDance’s Gaming Business

ByteDance is re-entering the gaming industry, with Zhang Yunfan appointed as the head of ByteDance's gaming business.

Gaming Jun 03June 3, 2024
Pandaily
Didi Reports An Adjusted EBITA Profit of 900 Million Yuan in Q1

Didi Reports An Adjusted EBITA Profit of 900 Million Yuan in Q1

On May 29th, Didi released its first quarter financial report for 2024, with a total revenue of 49.1 billion yuan, an increase of 14.9% year-on-year.

Industry Jun 03June 3, 2024
Pandaily
iFlytek: Spark V4.0 Is in Training, Products Comparable to GPT-4o Are Also Under Development

iFlytek: Spark V4.0 Is in Training, Products Comparable to GPT-4o Are Also Under Development

iFlytek recently stated that Spark V4.0 is currently under training, and is expected to be released by the end of June 2024. A product comparable to GPT-4o is in development.

AI Jun 03June 3, 2024
Pandaily
WeChat Refutes Reports of Being Asked to Reduce Its Market Share

WeChat Refutes Reports of Being Asked to Reduce Its Market Share

The central bank of China has enacted a regulation, effective from May, that presents a stringent stance towards monopolistic practices in the financial sector.

News Jun 03June 3, 2024
Pandaily

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