Reborn: Billionaire in College

As time entered 2014, the industries under Chen Pingjiang's groups continued to develop rapidly.

The just released 2013 annual financial report of Renren directly dragged up Renren's stock price, surpassing Microsoft and becoming the second largest Internet company in the world by market value, and only one step away from Google, which ranks first.

At the end of March, Orange Technology’s new product launch conference was just held.

The Orange mobile phone has been developed to the fifth generation. With the foundation of the previous models, the Orange mobile phone has gained considerable popularity around the world.

In the domestic market, Samsung and Apple are competing with each other, but in the global market, Samsung is still on par with Apple and slightly behind Samsung. This is simply because Samsung is pursuing the strategy of launching a large number of products.

Orange Technology has gained a large number of fans, and the sales of IPADs, electronic watches, and smart homes have all increased to varying degrees.

Many financial groups asked Orange Technology directly or indirectly whether it had plans to go public, but without exception, Chen Pingjiang evaded the question.

Renrengou Group has become a giant in China. In order to cooperate with the listing promotion, on the afternoon of March 3, Renrengou Takeout announced that the platform completed more than 20 million orders per day!
In addition, according to data released by QuestMobile, it is estimated that the MAU of Renrengou takeout users will exceed 2014 million in the first half of 5700.

This figure is a significant increase of 10% compared to the data mentioned in the prospectus previously submitted by Renrengou!
The previous prospectus mentioned that Renrengou’s user base has reached 5 million, with more than 900 million orders per day.

In just the past four months, this number has skyrocketed, which is really daunting.

Such a huge scale not only means that food delivery platforms led by Meituan and Ele.me will no longer be able to make waves, but also indirectly shows that the number of domestic Internet users has greatly surpassed that of the previous life under Chen Pingjiang's operation in recent years.

You should know that it was not until 2016 that the daily orders on a food delivery platform exceeded million, and Renrengou directly broke this record by two years.

After Meituan and Ele.me lost their power to resist, Chen Pingjiang did not strangle the two companies.

The trend is set, these two companies can't make any waves, so keeping them is more useful than killing them.

As for Zhizhen Catering Group, Miaocha was the first to complete the layout of 7 stores across the country in just years.

Fifty percent of them are brand franchises.

Miaocha's franchise requirements are quite strict. If you want to join, you need to verify your capital, pay 10 million, franchise fee 2, brand usage fee 10 per year, and deposit . In addition, all materials and equipment need to be purchased from Zhizhen Catering. There are also corresponding standards for store area and decoration, which are about % higher than those of peers, because Miaocha itself focuses on high-end products.

But even so, businesses are flocking to apply to join. First- and second-tier cities are basically full, and only third- and fourth-tier cities and county towns still have opportunities.

In comparison, the franchise fees of other brands are less than half of Miaocha's, but they still require merchants to join.

As for Tai Er Pickled Fish and Xiao Chen BBQ, they have already gone abroad and opened in Southeast Asia and North America...

It has become one of the few domestic brands that has begun to counterattack the international market.

The first phase of Huaxin wafer factory has been successfully put into production, and the second phase is also under intensive construction. Although there is not much noise, it should not be underestimated.

In addition, Jiuzhou Automobile's first family-type C-class sedan has been verified and is undergoing road testing...

Pangu AI is making progress in many areas. Not only will its first chatbot program Pangu GPT be launched within the year, but it has also made achievements in autonomous driving, industrial manufacturing, medical care, and many other areas.

Among them, the Pangu NLP large model can be used for content generation, content understanding, etc., and for the first time uses the Encoder-Decoder architecture, taking into account the understanding and generation capabilities of the NLP large model, ensuring the flexibility of model embedding in different systems. In downstream applications, only a small number of samples and learnable parameters are needed to complete the rapid fine-tuning and downstream adaptation of the large model of hundreds of billions of scale.

In the CLUE ranking that just ended, the Pangu NLP large model ranked first in the overall ranking and in the classification and reading comprehension items, breaking the world record of the three lists; the overall ranking score was 83.046, and the scores of many sub-tasks were leading in the industry. It is currently the pre-trained model that is closest to the level of human understanding (85.61).

In addition, Pangu CV Big Model is the industry's largest CV big model that realizes on-demand model extraction for the first time. It is the first to realize both discrimination and generation capabilities. Based on the model size and running speed requirements, it can adaptively extract models of different scales, and AI application development can be quickly implemented. Using hierarchical semantic alignment and semantic adjustment algorithms, better separability is achieved on shallow features, which significantly improves the ability of small sample learning and ranks first in the industry. This model has a good performance in intelligent inspection and smart logistics. In short!
In the field of AI, none of the other Internet companies in the world combined can compete with us.

Google, Microsoft, none of them can compete with us.

Because Chen Pingjiang made his plans too early, other companies were unable to develop even if they wanted to because they found that they had no talent.

Here we have to mention Chen Pingjiang's foresight. He had already started cooperating with domestic universities to prepare for the integration of industry, academia and research, and he was particularly good at talent reserves.

Currently, the mainstream 985/211 universities in China all have majors such as artificial intelligence, data science, and big data.

Among them, the outstanding graduates had already been snapped up by the companies under Chen Pingjiang, and other companies could only take the leftovers.

The situation in the US is even worse.

You should know that even OpenAI, which came out later, has more than a hundred Chinese people. Whether it is ChatGPT, Picture Dall, or Video Sora, at least 30% of the core technical personnel are Chinese or Chinese Americans.

This will lead to a funny joke for future generations. In the high-end AI field, almost 50% of the talents remain in China, and 50% go abroad.

The AI ​​showdown between China and the United States is actually the Chinese fighting the Chinese.

Although there is a limit to the number of talents that Chen Pingjiang's company can accommodate, there will always be a steady stream of talents who will go overseas to venture out due to the lack of opportunities in China.

But at least at this point, Pangu AI is more than one step ahead.

As for technology, it has always been advancing step by step.

In the gaming field, "Genshin Impact" and "Black Myth: Wukong" are both in intensive production. "Genshin Impact" is expected to be released to the world at the end of 2014, while "Black Myth: Wukong" will be released earlier. Even if it is not delayed, it will take at least five years.

But the good news is that PlayerUnknown's Battlegrounds has announced its public beta date, which is May 5, and Honor of Kings will be launching soon too.

Worth mentioning is DJI.

This year's DJI new product launch conference was held separately. Phantom 2 continued the strong momentum of the first generation of Phantom and became popular both at home and abroad as soon as it was launched.

The market for portable drones has truly been created.

However, Wang Tao is still not satisfied. Phantom 3 is already under intensive development. According to Wang Tao, "The third generation has added many new features, such as waypoint cruise, fixed-point 360° turn and flight tracking. Even novices can easily play with it."

"The remote control range of the Phantom 2 Vision+ is only 800 meters, while the two upgraded versions of the Phantom 3 have a range of 2000 meters. That's really cool!"

“The addition of high-definition image transmission is absolutely amazing!”

In general, the improvements of Phantom 3 compared to its predecessor are: enhanced hovering accuracy, significantly increased video resolution, nearly 3 times longer control distance, more stable indoor operation, and obvious improvements in the APP.

Chen Pingjiang is looking forward to this.

There is already a rumor in the industry that DJI’s current valuation has reached $80 billion and is still rising! (End of this chapter)