Chapter 705 Big Move



October 18th.

Chen Anan and three other girls set up a large screen in their university dormitory and watched the launch of the Tengfei AI phone with over one million netizens.

Before the press conference, there was three months of intensive publicity across the entire network.

Now it’s just the official promotion.

At the same time as the promotion and marketing, tens of thousands of Tengfei AI offline physical sales stores, which were previously opened with an investment of more than 10 billion yuan, were also launched.

In addition to mobile phones, these stores also sell cars, tablets, and a series of small smart home products.

Those are just joint and related.

There is no doubt that Tengfei AI has officially entered the smart home and mobile phone fields.

And on the afternoon of October 18, 2025.

Chen Pingsheng also officially announced through Tengfei AI Group that he will invest more than US$25 billion in the AI ​​field in the next five years.

Comprehensively help domestic companies, including his own companies, to win the future AI battle.

AI is more than just the simplest online Q&A and search; it will penetrate into every aspect of every industry.

No one knows who will be the next to be eliminated by AI, but there is no doubt that AI is also the key to industrial upgrading and winning future technological wars.

After the domestic real estate industry has suffered a setback, industrial upgrading must be completed in order to revive the economy.

The simplest thing is that although the domestic industrial chain is complete, most of it is low-end and mid-end processing.

High-end instruments, including precision processing and patented technology.

It can be said that most of it is in the hands of overseas technology giants.

Just like a mobile phone, every time a domestic brand sells one, it has to hand over most of the profits to Google, Samsung or Qualcomm.

This is the absolute advantage of mastering technology. The patent fees for just one year are beyond imagination.

The country is developing this aspect at full speed in order to break the blockade and keep most of the profits of technological products in its own hands.

Chen Pingsheng's personal investment of another 25 billion US dollars in the field of AI can be said to be a unique decision.

It is also the domestic private enterprise with the highest investment in the field of AI, without a doubt.

25 billion US dollars may seem like a lot, but in fact it is just cashing out 1% of Google's shares.

As for the newly built mobile phone super factory, it includes the future Tengfei new energy vehicle super factory.

Most of the basic manual labor is replaced by Tengfei AI robots.

A small number of people still use skilled workers.

The ratio of robots to skilled workers in a super factory reaches 5:5.

That is half and half.

To a certain extent, this will greatly reduce labor costs, giving his own Tengfei cars and Tengfei AI mobile phones sufficient global cost advantages.

There is nothing that can be done about it. Once the cost advantage is gone, the technological content of his own patents will still be far behind those of the world's top technology giants.

First establish a firm foothold in the world before you can talk about surpassing others.

Whether it is Tengfei AI, the early Tengde Era, or Tengfei New Energy, it can be said that they all succeeded with the investment of huge capital.

There is no such thing as making a big profit with a small investment. Everything is based on large investment and large output.

This is the main reason why it is difficult for private enterprises to enter the technology field.

The amount of money required is simply beyond the imagination of ordinary people.

Even capital is reluctant to invest in such small businesses unless you have already achieved a certain reputation.

When Chen Pingsheng put out 25 billion US dollars, it caused an uproar in the entire domestic AI industry.

Everyone says AI is hot, and the domestic search giant Baidu was the first to get involved.

The result was that there was always input but no output. After a few years, the boss and his wife saw that this was not working and cut most of the business.

Countless people followed suit, and it seemed that all the world's technology giants and big capital were saying that the future belonged to the AI ​​era.

But what is AI really?

No one can explain it clearly, and no one can explain how it will make a profit.

Even Apple, which originally planned to build cars, gave up after several years of research.

Will Apple be short of money?

With profits exceeding 100 billion US dollars every year, who can compare with it?

The most important thing is that it made a statement that made it give up on making cars. It said that the end of making cars is still AI.

In that case, why should it build cars? It might as well develop AI.

The founder of another giant, Facebook, also announced that he would invest $60 billion to $65 billion to enter the AI ​​industry.

Nvidia is even more far ahead.

It can be said that the popularity of this industry is completely incomparable to that of new energy vehicles and mobile phones.

The investment amounts announced by everyone are often as high as tens of billions of US dollars.

This makes the capitalists cry.

So far, countless giant groups in China have invested in AI.

But the only one who dared to announce that he would invest 25 billion US dollars in this industry within five years was Chen Pingsheng.

Including the investment in the past three years, he has actually invested more than 350 billion yuan in the field of AI.

If he still can't achieve results, there's nothing he can do.

Anyway, the large amount of uncashed shares he has left is only 1.5% of Nvidia.

Based on Nvidia’s current market value, its valuation is approximately US$45 billion.

Converted into RMB, that is more than 300 billion.

There is also 2% of TikTok, which is worth about tens of billions of US dollars based on the current market value.

He also plans to sell the shares to Tengyou Media.

As for the shares of Tengde Times and Tengfei New Energy in his hands, he does not plan to touch them in the next few years.

There's no need to move.

Apart from investing in AI, he really doesn't have much else to spend money on now, and he has almost spent all the money he should have spent.

Whether it is the super cruise ship with an investment of over 40 billion yuan, the seven-star Liangshan Hotel, or the Tengfei Future Science and Technology University built with a capital of 100 billion yuan.

He has paid all of this in full.

Even the Tengfei AI mobile phone, which independently invested 160 billion yuan, is the same. Looking left and right, there is no place to spend a lot of money at home.

No matter how much of a spendthrift Erpi Ya is, he can only spend a few billion in profits a year at most.

It won't have any impact on your home at all.

The battle for AI will not be a short-term battle, but a long-term battle spanning five, ten, or even twenty or thirty years.

25 billion US dollars is just enough to ensure that Tengfei AI will not fall behind in the AI ​​war in the next five years.

To truly win, at least 25 billion US dollars needs to be invested. In addition, the entire group must work together in unity.

The key to this battle is whether he can win or even secure the victory.

Whether it is the rise of new energy vehicles or the rise of AI mobile phones, they will be unstoppable globally.

Because these are product upgrades based on certain AI technologies.

This is also the main reason why he has to continue to invest money in this field.

It can be roughly described as if you don't advance, you will retreat.

Either we move forward in big strides, or we move backward steadily like Baidu once did.

There is no other way.

When investing heavily in the technology industry, the most taboo thing is hesitation and indecision.

(End of this chapter)

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