Krypton Evening Post | Zhao Tiancheng and the Om AI Lab team have for the first time broken through the DeepSeek R1 model into the visual language field; Ten companies under the Samsung Group are publicly recruiting foreign R&D talents in South Korea.
Big Companies:
36Kr learned that the legal department of NETA Auto issued a statement, denying that it has filed a lawsuit against the producer of the movie "The Devil Child Nezha Creates Havoc in the Sea". The news such as "NETA Auto sues Ne Zha Movie" and "NETA Auto claims 5 million from Ne Zha Movie" spread on the Internet are all fabricated. The statement said that in response to the rumors maliciously fabricated by individual self-media, the legal department of NETA Auto has completed the evidence collection work on the online platform.
36Kr learned that Dr. Zhao Tiancheng, the doctoral supervisor of Zhejiang University, and the Om AI Lab team announced that they have successfully migrated DeepSeek R1 from the pure text field to the visual language field. This is the first breakthrough of the DeepSeek R1 model to the visual reasoning level. It is introduced that the model is the VLM-R1 visual language model, which has already had the precise video understanding and reasoning ability, confirming the universality of the R1 method and opening up the imagination space for the training of multi-modal models.
Samsung Group's 10 Companies Openly Recruit Foreign R & D Talents in South Korea
It is reported that 10 companies under Samsung Group, including Samsung Electronics, Samsung Display, Samsung SDI, Samsung Electro-Mechanics, and Samsung SDS, have openly recruited foreign R & D talents since February 24. It is learned that this is the fourth time that Samsung Group has recruited foreign talents with work experience for local units. Samsung first targeted foreign personnel with work experience in August 2023, and only 3 subsidiaries participated at that time. The number increased to 10 last year. (Jiemian)
CHAGEE Initiates the "CHAGEE NEW Youth Art Co-creation Plan"
36Kr learned that recently, the new tea drink brand CHAGEE announced the initiation of the "CHAGEE NEW Youth Art Co-creation Plan". The first phase will carry out co-creation with the young artist Jessica Yang Yuanqiao from Macau, China, and launch co-branded peripheral products through the classic IP Pink Bobo created by her. CHAGEE has also launched student card certification discounts and expansion activities for campus student groups. It is understood that CHAGEE has currently completed the construction of a 183-university store network in 27 core provinces across the country, covering top university clusters including Shanghai Jiao Tong University and Wuhan University, and deeply connecting campus life through scenario-based operations.
AI Chip Manufacturer Biren Technology Is Reportedly Considering a Hong Kong IPO
36Kr learned that, according to reports, AI chip manufacturer Biren Technology is reportedly considering a Hong Kong IPO and may seek to raise approximately $300 million. Insiders said that this artificial intelligence chip manufacturer is working with China International Capital Corporation, Bank of China International, and Ping An Securities on a potential IPO transaction and may issue stocks this year. Insiders said that the discussions are still ongoing, and details such as the scale and timing may change. They said that Biren Technology may also decide not to proceed with the IPO.
Aerospace, defense, and air traffic technology provider AIRO Group Holdings filed an initial public offering (IPO) application with the US Securities and Exchange Commission (SEC) last Friday, planning to raise $100 million. The company plans to list on the Nasdaq with the stock code "AIRO". The pricing terms have not been disclosed. (Zhitongcaijing) Original Link
The US private equity giant KKR Group announced that it has agreed to acquire a controlling stake in the Indian hospital operator Healthcare Global Enterprises for $400 million, increasing its investment in the Indian healthcare industry. KKR said on Sunday that it will acquire up to 54% of Healthcare Global from CVC Capital Partners and take full control of its operations. The two companies said that Healthcare Global founder BS Ajaikumar will serve as the non-executive chairman, focusing on clinical, academic, and research and development work. (Sina Finance)
On February 24, Tencent's major shareholder Prosus announced that it will acquire the European takeaway platform Just Eat Takeaway.com, headquartered in Amsterdam, with €4.1 billion in all-cash, at a price of €20.30 per share. (Jiemian)
Investment and Financing:
36Kr learned that the AI image generation platform LiblibAI announced that it has completed four rounds of financing consecutively within the past year, setting a financing speed record in the domestic AI application track. The latest two rounds of financing were led by INCE Capital and Shunwei Capital, with oversubscribed follow-on investments from existing shareholders such as MingShi Ventures, and Giant Network participated in the industrial investment. It is introduced that LiblibAI reduces professional-level AI capabilities to the mass creative scene through the "open-source model ecosystem + modular tool flow" architecture. Currently, its model/image creators have exceeded 20 million, with a cumulative generation of over 500 million images, and it provides AI image solutions for B-end customers such as Kingsoft Office, Wondershare, G-bits Games, Tmall Campus, and Tsinghua University.
According to Hong Kong media reports, the shares of Mixue Group's Hong Kong initial public offering (IPO) for retail investors have recorded a margin trading of HK$839.3 billion from only the broker margin trading portion. Among them, the margin trading portion of Futu Securities reached HK$578.6 billion, followed by HK$133.6 billion from Phillip Securities. (Jiemian)
"Yunnan Angrui" Receives a Ten-Million-Level Pre-A Round Financing
36Kr learned that recently, Yunnan Angrui Construction Machinery Co., Ltd. announced the completion of a ten-million-level Pre-A round financing. This round of financing is led by Tengxin Investment. Li Mi, the general manager of Yunnan Angrui, said: "The financing funds will be mainly used for technological research and development iterations, market expansion, and talent team building." It is introduced that in the next 3 years, Yunnan Angrui plans to focus on breaking through two major directions: One is to commit to developing intelligent construction machinery based on 5G remote control and building a "virtual machinery construction scene" system, using digital twin technology to establish a virtual model.
New Products:
SenseTime's DeepSeek Enterprise Edition of the Large-scale Device Is Launched
36Kr learned that SenseTime Technology posted on its official account that after a series of optimizations, the SenseTime large-scale device is now officially launching the enterprise edition, while completing the domestic adaptation of the free edition and the expansion of computing power, forming a dual-engine drive of strong professional support and wide public coverage.
36Kr learned that on February 24, Baidu App fully launched a new AI entrance and integrated the model capabilities of Wenxin and DeepSeek to release a new upgraded version. This upgrade integrates intelligent experiences such as "AI Search", "Whole Network Information Refining", "Pinch for AI Summary", and "Digital Human Intelligent Entity", achieving a more personalized search experience, richer content services, and a broader product boundary. It is worth noting that the upgraded Baidu App restarts the slogan "Baidu, you'll know once you search", and previously announced the full access to the latest deep search functions of DeepSeek and Wenxin on February 16.
Lei Jun: Xiaomi's First AI Professional Office Laptop Will Be Released This Thursday
36Kr learned that Lei Jun, the founder, chairman, and CEO of Xiaomi, stated on Weibo on February 24 that Xiaomi's first AI professional office laptop REDMI Book Pro 16 2025 will be released this Thursday and will be available for sale immediately upon release.
Today's Views:
In the article "Fully Exerting the Functions of the Capital Market to Better Serve the New-Type Industrialization" published in "New-Type Industrialization", the Chairman of the China Securities Regulatory Commission, Wu Qing, stated that the ecological environment of the capital market will be continuously improved. The requirements of "regulatory teeth with thorns and edges" should be implemented, and all kinds of illegal and irregular behaviors such as financial fraud, fraudulent issuance, market manipulation, and illegal share reduction should be severely punished to effectively maintain the "fairness, impartiality, and openness" of the market and promote the strengthening of the foundation. At the same time, it is encouraged to practice the "Five Requirements and Five Don'ts" of the Chinese characteristic financial culture, and urge listed companies and industry institutions to adhere to the rule of law, integrity, and the spirit of contract, fulfill fiduciary obligations and entrusted responsibilities, and cultivate an equity culture of "respecting and Rewarding Investors" to create an excellent "soft environment" for the stable and healthy development of the capital market.
DBS CEO: Will Cut 4,000 Temporary Employees within Three Years
Piyush Gupta, the CEO of DBS Group, said that the bank is expected to cut 4,000 temporary employees within three years. The bank currently has approximately 9,000 such positions. It is understood that the layoffs do not include regular employees. (Sina Finance)
36Kr learned that on February 23, the offline event "The First Batch of Lucky Car Owners of the Nano AI Search New Energy Vehicle Campaign Face-to-Face" initiated by Zhou Hongyi, the founder of 360 Group, was held in Beijing, and Zhou Hongyi delivered the car keys to the first batch of lucky car owners. Zhou Hongyi introduced that the next event will be held on February 28, and the subsequent events have no thresholds at all. It is hoped that more Nano AI Search users can participate.
Other News Worth Noting:
Learned from the General Administration of Customs, in 2024, the activity of China's foreign trade enterprises continues to increase, and the number of enterprises with actual import and export performance has reached a historical high. Among them, the imports and exports of private enterprises reached 24.33 trillion yuan, with an 8.8% growth, and the proportion of China's total foreign trade value continues to increase to 55.5%. In addition, state-owned enterprises continue to act as the "stabilizer" to maintain the stability and smooth operation of the economy and the market, with imports and exports of 6.61 trillion yuan, playing an important role in the import of bulk commodities such as grain and energy. (CCTV News)