The days passed slowly, and it was late May in the blink of an eye.
Although the disease is raging on a small scale, it does not have much impact on the overall market.
At least that's the case for Tencent Film Group, especially after Chen Pingsheng himself took out 800 million yuan, the entire Kingsoft headquarters was jubilant.
There is no longer the depressing atmosphere as before.
Tengfei New Energy, in particular, announced an overseas investment of 15 billion to 20 billion yuan to build a factory.
It seems that everyone knows that the group is not short of money.
Seriously speaking, he is not short of money.
In mid-May, Chen Pingsheng once again took out 0.5% of Tesla shares.
It is expected to cash out US$2.6 billion and plans to use the 18 billion yuan to complete the construction of Tengfei New Energy's North American factory.
This also became the earliest new energy company in China to build a factory overseas.
I forgot that Jia will return to China next week. He is the only entrepreneur in the world who said that making cars is more difficult than landing on the moon.
He is also a talented person. He was the first one to build a car in China, and he is the one who painstakingly builds one every year.
He is also the one who keeps creating new terms in the new energy field, such as ecological reaction, ultimate high-tech luxury, ultimate price-performance ratio, China-US automotive bridge strategy, silicon-based new species, smart carpet, Volkswagen's high-volume models, and triple boundary-breaking reaction.
If you don't listen to his own explanation, these new words will make the computer smoke.
Not to mention understanding it.
Anyway, Chen Pingsheng still doesn’t know what these words mean?
Jia will definitely not be able to return to China next week, and Xu Dai's car-making efforts have also become very popular.
They are buying all kinds of things from abroad, claiming that they want to buy back all the core automotive technologies.
If you look closely at his company's executive team, you'll see they're all salespeople.
What does it mean?
Whenever a sales executive becomes an executive, the core is marketing and they don’t pay much attention to technology.
Unlike his Tengfei New Energy, the core staff are all top-level technical managers.
Tengfei New Energy, which has always been low-key, chose to hold a domestic press conference on May 20.
The general meaning is to explain why they want to build in North America.
The goal is to globalize Tengfei New Energy, rather than just limit it to the domestic market.
The first overseas super factory is expected to invest between 15 billion and 20 billion yuan.
The planned annual production volume is 200,000 units.
This is undoubtedly a big goal, and it also means that Tengfei New Energy will move towards globalization in a firm and pragmatic manner.
As soon as the news came out, both domestic financial channels and major technology news outlets published this news as the front-page headline.
Even numerous experts were invited to analyze the feasibility of this decision.
There has always been a voice in China that new energy technology has become the world's top level.
That being said, as long as there are no global users paying for it, it will just be a self-satisfaction behavior.
Jia, who is only making some fun in the country and dared to build a factory abroad, will return to China next week.
Producing one car every year and holding a grand delivery ceremony is simply embarrassing overseas.
Tesla’s soaring market value also means that new energy technology is indeed a trend.
But this trend will only be meaningful if it takes hold globally.
Undoubtedly, Tengfei New Energy is at the forefront.
Because of this decision, Chen Pingsheng also followed the top leaders to attend two top global economic conferences.
By the time he finished his work and returned home, it was already the end of May.
The North American super factory is not expected to be completed until 2022, but Chen Pingsheng made another decision after returning from overseas.
That is to increase investment in the artificial intelligence sector, as the final round of new energy vehicles is also in this sector.
Artificial intelligence includes three key technologies: breakthroughs in computing power, data floods, and algorithm innovation.
It is also known as one of the world's three most advanced technologies, and it is also the most important technology in the new era.
Its mainstream development forms adopt deep learning algorithms, large models and big data.
The artificial intelligence technology system includes machine learning, natural language processing technology, image processing technology, human-computer interaction technology, etc.
There is no doubt that NVIDIA has achieved the highest achievements in the field of artificial intelligence.
Whether it is Apple, Google, Tesla, Microsoft and other super large technology companies.
The current core development direction is the artificial intelligence sector.
Today's artificial intelligence has achieved remarkable results in many fields such as big data analysis, autonomous driving, smart finance, and intelligent robots.
And formed a diversified development direction.
In addition, artificial intelligence can also replace part of the traditional labor force, resulting in a labor crowding-out effect.
While improving social production efficiency, it will also create new jobs for society.
When it comes to foreign artificial intelligence technology, it has developed to the level of a child of 11 or 12 years old.
At most, the situation in China is still in its infancy, and everything is still in the process of development.
It was only after attending the two top global economic conferences that Chen Pingsheng decided to increase investment in the artificial intelligence sector.
He has actually invested more than 40 billion yuan in this sector and has spent nearly five years on research and development.
It owns at least a thousand patented technologies, which already makes it an absolute leader in the country.
It is second only to Baidu, which has invested more than eight years in this sector.
But this is far from enough. At least when he looked at the core artificial intelligence technologies abroad, the gap was too obvious.
Chen Pingsheng made another great decision. If he was short of money, he would cash out with Tesla.
This time he directly cashed out 1.5%, and is expected to get 8 billion US dollars.
Converted into RMB, it is 56 billion.
Half of the funds will be used to invest in Nvidia, and the remaining half will be used to build the world's largest artificial intelligence technology industrial park in Jinshan, the Magic City.
He also called Xiao Ya back and asked her to follow him to meet the Jinshan leaders in advance.
Such a large science and technology industrial park is of great significance to Jinshan.
This will greatly increase Kingsoft's ability to attract cutting-edge talent.
For a national-level science and technology industrial park like this, not to mention the money for the land, the local government will also give you many preferential policies as long as you come.
According to Chen Pingsheng's standards, he was planning to acquire more than 300 acres of land.
The planned construction funds amount to 15 billion yuan, and the remaining 13 billion yuan will be used to introduce talents to start this largest artificial intelligence research center in the country.
This was Xiao Ya's first time showing up in Jinshan, and she made a big appearance.
Although the leaders didn't say it on the surface, everyone understood immediately after hearing Chen Pingsheng's idea of letting her become a civil servant in the future.
This was brought out to pave the way, and it's a road that leads to heaven.
Chen Pingsheng's goal was not high. He planned to use ten years to make Xiao Ya a deputy director-level cadre.
It would be great if you could get into the office before you turn forty.
His Tesla shares kept decreasing, and now only 1% is left.
After Nvidia increased its holdings by another RMB 28 billion, its shareholding ratio has risen to 5%.
Whether he can really make great achievements in the field of artificial intelligence in the future depends on whether Nvidia can break through one trillion US dollars.
After all, this sector is one that all the world's cutting-edge technology companies are competing for, and it is a typical super money-burning project.
Without spending tens of billions of dollars, it is impossible to talk about surpassing others.
It is impossible for his own company to produce such a high amount of funds. The only hope is that Nvidia can really have another wave of explosive growth.
It would be best if it could increase to one trillion US dollars, then he would have a cash reserve of 50 billion US dollars.
This is an exaggerated number globally.
It is also because of this money that he dares to launch an attack on the world's cutting-edge technology, artificial intelligence.
(End of this chapter)
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