Krypton Evening Post | Baidu Search fully launches the full-scale DeepSeek full-blooded version; Tesla's refreshed Model Y officially enters mass production at the Shanghai Gigafactory; Elon Musk officially releases the AI model Grok 3.
Big Companies:
Chery Automobile Applies for Maglev Trademark
36Kr has learned that according to the intellectual property information on Tianyancha, recently, Chery Automobile Co., Ltd. has applied to register the trademarks "Maglev" and "Chery Maglev", and the international classifications are all transportation vehicles. Currently, the trademark statuses are both waiting for substantive examination. Public information shows that the CDC Maglev Suspension System of Chery Tiggo 9 is a technology that uses electromagnetic force to adjust the suspension stiffness and damping. It can be intelligently adjusted according to the road conditions and driving mode in a very short time to improve the smoothness and stability of the driving.
Yaobaissui App utilizes AI to construct a dynamic health analysis system and generate personalized health preservation plans
36Kr has learned that Yaobaissui App announces that it uses AI to drive the digitization of traditional Chinese medicine, builds a dynamic health analysis system (such as self-questioning for health checks, etc.) and a knowledge structure of TCM syndrome differentiation that is easy for ordinary people to understand. The data shows that it generates personalized health preservation plans. According to the introduction, relying on the Internet of Things technology, the platform has realized the support of remote TCM intervention and the supply chain of conditioning products, allowing users to enjoy syndrome differentiation and conditioning services without leaving home.
Sohu's 2024 Revenue Reaches $598 Million with Q4 Total Revenue of $135 Million
On February 18, Sohu released its financial report for the fourth quarter of 2024 and the full year of 2024. The financial report shows that in the fourth quarter of 2024, Sohu's total revenue was $135 million. Among them, brand advertising revenue was $19 million, and online game revenue was $110 million. For the full year of 2024, Sohu's total revenue was $598 million, remaining the same as in 2023. Among them, brand advertising revenue was $73 million, and online game revenue was $502 million. Zhang Chaoyang, the founder, chairman of the board, and CEO of Sohu, pointed out that in the fourth quarter of 2024, the company's brand advertising revenue reached the high end of the previous expectations, and both the online game revenue and the group's net loss were significantly better than expected. The online game business also performed well.
Baidu Search Fully Launches DeepSeek Full-Blooded Version
36Kr has learned that currently, Baidu Search has fully launched the DeepSeek Full-Blooded Version. Users can enter any search term in the Baidu App. After completing a round of search, on the search results page, click "AI+" to enter the AI search, and then click "Try" below the "Full-Blooded Version" to have a conversation with DeepSeek. It is understood that Baidu Search and the Wenxin Intelligent Entity Platform announced on February 16 that they will fully integrate the latest deep search functions of DeepSeek and the Wenxin Large Model.
Will be acquired by Haier Group? Autohome responds: Not aware of this information
It is reported that Haier Group will acquire Autohome. Currently, both parties have confirmed that the negotiation conditions have been agreed upon, and it is expected to be officially announced in the near future. Haier Group responded to the media, saying, "We have not received the news yet." Autohome staff responded to reporters, saying that they are not aware of this information. (21 Finance and Economics)
Chow Tai Seng: 44 Self-operated Stores Added in January
36Kr learned that Chow Tai Seng announced that the company added 44 self-operated stores in January 2025. These new stores are distributed in multiple regions such as North China, South China, and East China, and the business forms include specialty stores and jointly-operated counters.
Alibaba Cloud: Big Data Development and Governance Platform DataWorks Integrates Two DeepSeek Models
36Kr learned that, according to Alibaba Cloud's official WeChat account, its one-stop intelligent big data development and governance platform DataWorks has officially integrated the DeepSeek-R1 (671B) model and the DeepSeek-R1-Distill-Qwen-32B model.
Investment and Financing:
"Haina AI" Secures Another 50 Million Financing, Led by Detong Capital
36Kr has learned that recently, "Haina AI" announced that it has secured another 50 million yuan in financing. This round of financing is led by Detong Capital, with Qiushi Capital following. The financing funds will be used for AI technology research and development, market expansion, ecological construction, and other aspects. It is reported that Haina AI has currently interviewed more than 12 million people for nearly 100 Fortune 500 groups. The annual interview volume of Haina AI interviewers in 2024 reached more than 8 million person-times, an increase of more than three times compared to the previous year.
New Products:
Tesla's refreshed Model Y officially starts mass production at the Shanghai Gigafactory
36Kr learned that Tesla announced that the refreshed Model Y has officially started mass production at the Shanghai Gigafactory. Earlier, the delivery time of the refreshed Model Y was updated, and the vehicle will begin to be delivered in late February. It is understood that the first edition model will be on sale for a limited time until February 28. The rear-wheel drive version is priced at 263,500 yuan, and the long-range all-wheel drive version is priced at 303,500 yuan.
Elon Musk Officially Releases AI Model Grok 3
36Kr has learned that xAI, the artificial intelligence startup under Elon Musk, has officially released the new generation chatbot Grok 3. Previously, Musk called it "the smartest artificial intelligence on Earth".
Today's Viewpoint:
Institution: It is expected that TV panel prices will increase across the board in February this year
36Kr learned that the CINNO Research report shows that during the Spring Festival, the domestic subsidy policy continues to release its effectiveness, and the market demand remains strong in the short term, driving the prices of large-size TV panels to continue to rise in January this year. Entering February, the US policy of raising the tariff on China by 10% has been implemented, and the uncertainty risk of increasing tariffs on places such as Mexico has increased. Brand manufacturers may increase their procurement needs, and panel manufacturers only slightly increase the operating rate in response. It is expected that panel prices will increase across the board in February this year.
Institution: It is expected that the initial launch of Xiaomi YU7 can still achieve considerable sales and strongly challenge the sales champion Model Y
The Ministry of Industry and Information Technology has announced the "Catalogue of New Energy Vehicle Models with Vehicle Purchase Tax Relief" (the 14th batch), and Xiaomi YU7 is also included. Data shows that YU7 will offer two different battery capacity versions, 96.3 kWh and 101.7 kWh, with the longest cruising range of up to 820 kilometers. Institutions believe that looking forward to 2025, Xiaomi YU7 will strongly challenge the sales champion Model Y. With excellent marketing capabilities and strong product strength, it is expected that the initial launch SUV can still achieve considerable sales. It is expected that the sales of Xiaomi vehicles in 2025 will be 300,000 units, with a year-on-year growth of 119%. (Securities Times)
Other news worthy of attention:
Hong Kong Raises Minimum Wage Standard, Expected to Be Implemented on May 1
Today, the Chief Executive in Council of the Hong Kong Special Administrative Region has accepted the recommendations of the Minimum Wage Commission to increase the legal minimum wage in Hong Kong from the current HK$40 per hour to HK$42.1 per hour, an increase of HK$2.1 or 5.25%. The SAR government will publish the "Minimum Wage Ordinance 2025 (Amendment of Schedule 3) Notice" in the Gazette on Friday (the 21st) and submit it to the Legislative Council on February 26. If approved by the Legislative Council, the revised minimum wage level will be implemented on May 1 this year. (Voice of the Greater Bay Area)
"Ne Zha 2" to be Released in Hong Kong and Macao from February 22
Under the guidance of the National Film Administration, with the vigorous coordination of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region and the relevant departments of the Hong Kong Special Administrative Region Government, "Ne Zha: Birth of the Demon Child 2" will hold its premiere in Hong Kong today. With the vigorous coordination of the Liaison Office of the Central People's Government in the Macao Special Administrative Region and the relevant departments of the Macao Special Administrative Region Government, "Ne Zha: Birth of the Demon Child 2" will hold its premiere in Macao on February 19. From February 22, the film will be fully released in Hong Kong and Macao. (CCTV News)
Chinese Scientists Discover High-Temperature Superconductivity in Nickel Oxide at Atmospheric Pressure
A joint research team led by Academician Xue Qikun, the winner of the State Preeminent Science and Technology Award, from Southern University of Science and Technology, the Quantum Science Center in the Guangdong-Hong Kong-Macao Greater Bay Area, and Tsinghua University, published their research results in the international academic journal Nature online on February 18, Beijing time. They discovered the high-temperature superconductivity of nickel oxide at atmospheric pressure, providing a new breakthrough for solving the scientific problem of the high-temperature superconducting mechanism. This research achievement has realized the high-temperature superconductivity of nickel oxide materials in an atmospheric environment. This discovery makes nickel-based materials the third type of high-temperature superconducting material system that breaks through the 40K "McMillan limit" at atmospheric pressure after copper-based and iron-based materials. (Xinhua News Agency)