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Daily Core News
Issue
0701
❶Meituan
will acquire Lightyear for 2.065 billion yuan, which “will build China’s OpenAI”
On June 29, Meituan announced on the Hong Kong Stock Exchange "Related Transactions Concerning the Acquisition of All Interests in Lightyear Beyond", stating that it had completed the acquisition of 100% of the equity interests of domestic and foreign entities outside Lightyear. The acquisition price included US$234 million and debt obligations. 367 million yuan and 1.00 yuan in cash, equivalent to approximately 2.065 billion yuan. According to the announcement, Light Years Beyond is China’s leading AGI innovator, founded by Mr. Wang Huiwen, co-founder of Meituan. It is committed to promoting the realization and comprehensive popularization of AGI in China. The current management and technical team have high-level experience in developing deep learning frameworks.
❷Meiya
Pico releases China’s first large-scale public safety model “Tianqing”
On June 28, Meiya Pico released the first domestic large-scale public safety model "Tianqing" at the 2023 Meiya Pico "Smart Society" Ecological Cooperation Conference. According to reports, "Tianqing" has rich knowledge in the public security industry and has strong business understanding and reasoning capabilities such as police intent identification, police intelligence analysis, and case reasoning. It can continue to evolve itself from massive data to achieve industry knowledge, Business problems, the whole process closed-loop evolution of solving feedback.
❸Units
Automotive Grade Electronic Devices Manufacturing and Supporting Project of Over RMB 10 Billion Signed and Settled in Wuhu
On the morning of June 28, 31 major projects in Anhui Wuhu High-tech Zone (Yijiang District) were signed and started. At the scene, a project of more than 10 billion yuan - Ziguang automotive grade electronic device manufacturing and supporting project, and a project of more than 5 billion yuan - Zhilu automotive electronic system manufacturing and supporting project were signed. According to news released by Wuhu, the 31 projects signed and started this time focus on the four leading industries of intelligent network connection and new energy vehicles, microelectronics and third-generation semiconductors, big data and information technology, energy conservation and environmental protection, and high-end equipment manufacturing. .
❹
Yingchi Technology completed nearly 100 million yuan in B2 round financing, which was used for product research and development, etc.
On June 30, Shanghai Yingchi Technology Co., Ltd. announced the completion of a B2 round of financing of nearly 100 million yuan, led by Yunhui Capital, followed by Zifeng Capital and Zhifengzhi Fund. This round of financing will be mainly used for product research and development and talent recruitment. Its independently developed high-performance computing software platform EMOS supports heterogeneous, multi-chip, high-performance computing, and can provide global time synchronization, global task scheduling and a variety of system services for the entire vehicle. It is not only compatible with AUTOSAR AP, but also adaptable to multiple It is an underlying OS and chip platform, and its core modules have passed TÜV Rheinland's highest level ASIL D product certification.
❶Apple
is rumored to have built a Micro LED test line in South Korea
On June 29, according to Korean media ETnews, Apple’s MicroLED display progress hidden under the veil was once again exposed in detail. According to reports, Apple has built a Micro LED test line at a Korean display company factory. Apple is responsible for arranging Micro LED chips (transfer), and Korean domestic companies are cooperating in the field of drive circuits (backplanes).
❷Micron
increases production cuts to 30% and will continue until 2024
On June 28, local time, Micron announced its third-quarter financial report. The report showed that Micron achieved sales revenue of US$3.75 billion, exceeding Wall Street analysts’ average forecast of US$3.65 billion. Micron predicted that it would achieve US$3.9 billion in the fourth quarter ( revenue in the range of up to and including $200 million). The financial report shows that Micron focuses on inventory management and supply control, and has recently further reduced the operating rate of DRAM and NAND wafers to nearly 30%. The production reduction is expected to continue until 2024.
❸Larry
Ellison: Oracle will spend billions to buy chips from Nvidia
According to foreign media reports on June 29, driven by the artificial intelligence applications launched by ChatGPT, the demand for Nvidia’s high-performance GPUs from major manufacturers has increased significantly, and many companies are purchasing in large quantities. Judging from the latest reports from foreign media, manufacturers that are purchasing Nvidia GPUs in large quantities include Oracle, founded by Larry Ellison. Foreign media reports show that Larry Ellison said that Oracle will spend billions of dollars to purchase chips from Nvidia to expand cloud computing services for the new wave of artificial intelligence. Larry Ellison also revealed that Oracle will purchase GPUs and CPUs from three companies this year. In addition to Nvidia, they will also purchase CPUs from Ampere Computing and AMD.
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