Krypton Evening Post: Tesla shortens the payment cycle for supply chain companies to 90 days; Against OpenAI, Musk's xAI is said to launch an independent application next month.
Big Companies:
36Kr learned that on November 28, Tencent successfully implemented the first integrated data center microgrid project that combines wind power, photovoltaic, and energy storage in China. This is also the latest move in Tencent Data Center's "Double Carbon" process. Currently, in Tencent's self-built data centers, green electricity has accounted for 71% of the annual electricity consumption. It is understood that the project is located in Huailai, Hebei, with a total installed capacity of 10.99 megawatts and an annual power generation of 14 million kilowatt-hours, equivalent to the annual electricity consumption of 5,000 households. Through this microgrid, Tencent Huailai Dongyuan Data Center can reduce carbon emissions by nearly 8,000 tons and save more than 3.5 million yuan in electricity charges per year.
Tesla Shortens the Payment Cycle for Supply Chain Companies to 90 Days
36Kr learned that on November 28, Lin Tao, Vice President of Tesla's External Affairs, confirmed in a post that in 2024, the company's payment cycle for supply chain companies has been further shortened compared to last year, and now it only takes about 90 days. At the same time, it was revealed that more than 95% of the components of the Shanghai Gigafactory come from local suppliers in China.
xAI Is Reportedly Doubling the Number of Chips in the "Colossus" Data Center
According to reports, informed sources revealed that xAI has informed investors that it will use part of the $5 billion funds raised in this round of financing to double the number of chips in the "Colossus" data center and plans to raise more funds next year. It is understood that the data center located in Memphis, Tennessee, known as "Colossus", was built in 122 days and uses 100,000 graphics processing units (GPUs) from NVIDIA, making it one of the largest chip clusters in the world for developing and operating AI technologies. (Jiemian)
On November 28, at the 36Kr WISE 2024 Business King Conference, Lenovo announced that the Baiying One-stop SME IT Service Platform has been comprehensively upgraded to the industry's first IT service intelligent entity. Based on five technical capabilities, it has taken the lead in launching three AI applications: AI Marketing, AI Office, and AI Service, to comprehensively assist SMEs in revenue growth, efficiency enhancement, and cost reduction in the AI era. It is understood that the predecessor of Lenovo Baiying Intelligent Entity - the Baiying One-stop IT Service Platform - was born three years ago and has served more than 400,000 SMEs as of now. Currently, Lenovo Baiying Intelligent Entity has started a six-month public beta.
Competing with OpenAI, Musk's xAI Allegedly to Launch an Independent Application Next Month
According to the news, xAI is about to launch a chatbot application similar to OpenAI's ChatGPT, and it may be available as soon as next month. This is also seen as a new signal of xAI's direct confrontation with OpenAI. xAI has raised at least $11 billion and is valued at over $50 billion, becoming one of the top artificial intelligence upstarts in Silicon Valley. Musk promised that the company will fulfill the mission of helping to accelerate human scientific discovery, and the industry estimates that the company's annual revenue is expected to exceed $100 million this year. (Caixin)
Investment and Financing:
The Hedge Fund of a Former Millennium Trader Is Reportedly to Raise Another $1 Billion
According to Bloomberg, informed sources revealed that Diego Megia, a former senior fund manager at Millennium Management, will raise another $1 billion for his hedge fund, Taula Capital Management. Earlier this year, the fund has raised $5 billion and is one of the largest hedge funds in terms of startup size. The company is reportedly to raise these funds from existing investors from December to March next year. (Jiemian)
"Anlinke Biotech" Completes a $42 Million Series A Financing
36Kr learned that according to the official WeChat account of Gaorong Capital, "Anlinke Biotech" announced the completion of a $42 million Series A financing. This round of financing is led by BlueRun Ventures, with participation from Genesis Ventures, Legend Capital, and C&D Emerging Investment, and at the same time, it has received additional investments from the existing shareholders Gaorong Capital and M31 Health Fund. This round of financing will help accelerate the global layout of Anlinke Biotech, including promoting the Phase I clinical studies of its core pipelines ALK201 and ALK202 in Australia, the United States, and China, and actively expanding the R & D pipelines in the tumor and immune fields, and continuously optimizing its self-developed bispecific antibody and ADC technology platform.
New Products:
Zhixiaobao Launches the "AI Helps Find Jobs" Function, Covering Over 4 Million Positions
On November 28, to help users improve their job search experience, the AI life manager "Zhixiaobao" under Alipay launched the "AI Helps Find Jobs" function, providing users with rich job recommendations and job search guidance services, making the job search process more worry-free and efficient. Currently, by connecting with over 300 institutions and recruitment platforms, Zhixiaobao has aggregated over 4 million positions, covering various popular industries, hoping to provide job seekers with more abundant employment options. It is understood that "Zhixiaobao" is the first service-oriented AI native application launched by Alipay in China. It connects to the Alipay ecosystem and has the country's first service execution and intelligent companion capabilities. It has accumulated 150 million users.
Gudong Technology Launches Two "AI + AR" Glasses
36Kr learned that Gudong Technology has launched two "AI + AR" glasses: the full-color binocular waveguide split-type AI + AR glasses Star1, and the new AI all-in-one machine glasses Star1S. It is understood that Star1S is an AR all-in-one machine, using full-color binocular array optical waveguide, with a 16-megapixel camera, and equipped with its self-developed multimodal AI system. Star1S can not only achieve all-weather long battery life in indoor and outdoor environments, but also the full-color binocular optical waveguide technology enables Star1S to adapt to various scenarios. Cui Haitao, the founder of Gudong Technology, revealed that since the launch of the new products, the company has received offers from well-known domestic hardware manufacturers including Huawei and OPPO. The products are expected to be officially completed and ready for sale by the end of December.
Today's Views:
Wu Xiaoqiu: The Capital Market Will Bid Farewell to the Era Below 3000 Points
36Kr learned that Wu Xiaoqiu, former vice president of Renmin University of China, mentioned when attending the "2024 Sohu Finance Annual Forum" that the two structural monetary policy tools recently launched by the central bank have provided sufficient confidence to the market. In the future, the capital market will bid farewell to the era of repeatedly falling below 3000 points. At the same time, the People's Bank of China will move from traditional to modern; it is conducive to the comprehensive restoration of China's social balance sheet; the development of China's capital market consists of a "pentagonal" market composed of listed companies, investors, regulators, intermediary agencies, and the central bank.
Japanese Osaka Textile Giant Unitika Is Reportedly Deciding to Exit the Textile Business
According to NHK, informed sources revealed that the major Japanese textile manufacturer Unitika, headquartered in Osaka, has decided to exit its clothing and other textile businesses that have been in a loss-making state. The company plans to focus its resources on the film business, which is in growing demand and is mainly used for food packaging and semiconductor-related materials. While exiting the textile business, the company has requested debt waivers from major banks such as Mitsubishi UFJ Bank, Mizuho Bank, and Sumitomo Mitsui Trust Bank. The banks are striving to secure debt waivers totaling between 30 billion and 40 billion yen. (Jiemian)
Other News Worth Noting:
This morning (November 28), the National Healthcare Security Administration held a press conference to introduce the adjustment of the National Medical Insurance Drug List in 2024 and announce the new drug list. At today's press conference, the relevant person in charge of the National Healthcare Security Administration introduced that this year's list adjustment is mainly focused on new drugs. Among the 91 newly added drugs, 90 are new varieties that have been listed within the past five years. The National Healthcare Security Administration takes "global new" drugs, including Type 1 chemical drugs, Type 1 therapeutic biological products, Type 1 and Type 3 Chinese patent medicines, as the key support objects to ensure that "good steel is used on the blade". Among the 91 newly added drugs, 38 are "global new" innovative drugs, both in terms of proportion and absolute quantity, setting a new record over the years. During the negotiation stage, the negotiation success rate of innovative drugs exceeded 90%, which is 16 percentage points higher than the overall success rate. (CCTV News)
36Kr learned that the research report of Haitong Securities pointed out that with the advancement of the construction of the new power system, the distribution network is gradually transforming from a simple power network that only receives and distributes electricity to users to a power network that integrates source, grid, load, and storage, and flexibly couples with the superior power grid. Its functions in promoting the local consumption of distributed power sources and carrying new types of loads are becoming increasingly significant. Comprehensively improving the observable, measurable, adjustable, and controllable capabilities of the distribution network, and enhancing the reliability and carrying capacity of the distribution network, the investment demand on the distribution network side is expected to increase. Digital intelligence, primary equipment renewal and transformation are the key directions. It is recommended to pay attention to: State Grid NARI Technology Co., Ltd., Xuji Electric Co., Ltd., Changgao Electric New Energy Co., Ltd., etc.