Alibaba's open-source text-to-video model Wanxiang 2.1 is expected to bring about a starting point for the explosion of AI applications.
① According to informed sources, Alibaba fully open-sourced its video generation model Wanxiang 2.1 on the evening of February 25. ② With AI video generation tools represented by Wanxiang continuing to iterate, their penetration into various application scenarios is expected to accelerate in the future.
The demand for AI multimodal data has increased significantly, and Haitian Ruisheng is expected to turn a profit in 2024 by establishing a Technology company involved in multiple AI Business.
① Haitian Ruisheng's Net income for the year 2024 is 11.215 million yuan, turning a profit year-on-year; ② Haitian Ruisheng and others established a data Technology company, including multiple AI Business sectors.
The central No. 1 document first proposed "new agricultural productive forces", and the Jiangsu Nonghua Intelligent Agriculture Technology Sector is expected to be catalyzed.
The No. 1 central document of 2025 first proposed "new quality productivity in Agriculture." Jin Wencheng, director of the Rural Economic Research Center of the Ministry of Agriculture and Rural Affairs, stated that the connotation of new quality productivity in Agriculture is quite rich, including current Biological Breeding technology, Drone technology, AI technology, and digital technology.
Domestic computing power giants' performance results are out: revenue and net profit both show double-digit growth! | Selected after-hours announcements.
The "AI Rising Star" has impressive performance, the leading company in the photovoltaic industry plans to go public in Hong Kong, and the Star Stocks in Semiconductors will be suspended from trading starting next week.....
The AI Server business is experiencing strong growth, with Foxconn Industrial Internet achieving record highs in both revenue and profit for 2024 | Earnings Reports Insights.
The company's annual revenue reached 609.135 billion yuan, a year-on-year increase of 27.88%; the net income attributable to shareholders was 23.216 billion yuan, a year-on-year increase of 10.34%, with both revenue and profit setting historical highs. The performance of the AI Server business was particularly impressive, with revenue growing over 150% year-on-year, meeting market expectations.
AH Stocks rose, the Hang Seng Index increased by nearly 3%, and Alibaba surged over 9% driving the computing power to take off.
A-shares related to Alibaba Cloud opened with a significant rise, Hangzhou Zhongheng Electric, Insigma Technology, Shanghai AtHub, and RunJian Co.,Ltd. hit the limit up, Guangdong Aofei Data Technology rose over 10%, Yimikang Tech. Group.Co.,Ltd., Ruijie Networks, and Yacong Co., Ltd. also followed the upward trend.