OpenAI Surpasses Microsoft in AI Model Sales Revenue; Honor China’s CMO Denies Using Kirin Chips

iFlytek's New Model Surpasses GPT-4 Turbo in Testing

On June 27, iFlytek launched the Spark Model V4.0, showcasing significant advancements over its predecessor in text generation, language comprehension, knowledge Q&A, logical reasoning, mathematical capabilities, coding proficiency, and multimodal functions. Notably, the iFlytek Spark can accurately infer an object's location based on user descriptions and common sense.

Its enhanced image and text recognition capabilities position it ahead of GPT-4 Turbo, particularly across diverse sectors such as scientific research, finance, healthcare, judiciary, and office productivity. In an extensive evaluation of 12 major testing datasets, the iFlytek Spark secured first place in eight categories, outperforming GPT-4 Turbo in seven core competencies.

OpenAI's Revenue Exceeds Microsoft's in AI Model Sales

A report from The Information reveals that OpenAI's revenue from AI models like GPT-4 has surpassed Microsoft's. Despite Microsoft's strong brand and extensive sales reach, OpenAI's business strategy has shown remarkable growth. The report estimates OpenAI's 2023 revenue may exceed $3.4 billion, primarily fueled by subscriptions to ChatGPT and fees from its developer platform, along with additional income through Azure's sales of OpenAI models.

Mobile TV Viewing Without Data Charges Expected Next Year

On June 27, Sina Technology announced that China Broadcasting's 5G NR broadcast service is set to launch next year, enabling users to watch TV without consuming their data. Currently, testing and equipment installations are underway in partnership with companies like Huawei and ZTE, along with smartphone makers such as Vivo and OPPO. This initiative aims to provide broadcast television services without changing existing core networks or mobile hardware, greatly streamlining deployment and reducing associated costs.

Honor Chinese CMO Dismisses Rumors of Kirin Chip Usage

On June 27, Jiang Hairong, Honor Tech's CMO, addressed rumors that Honor smartphones would use Huawei's Kirin chips, stating on Weibo that these claims are "pure nonsense."

Report: China’s Cloud Service Spending Soars 20% in Q1

According to Canalys, cloud infrastructure spending in mainland China surged by 20% year-on-year in Q1, reaching $9.2 billion. Dominating players in the Chinese cloud market—Alibaba Cloud, Huawei Cloud, and Tencent Cloud—grew collectively by 22%, holding 72% of market share despite a slight decline from the previous quarter. Emerging operators like China Telecom are gradually increasing their presence in the cloud sector. Heightened interest in AI investments and significant price reductions from major cloud providers this quarter have further boosted cloud spending among clients.

New Low-Altitude Industry Development Company Established in Zhejiang

On June 27, a meeting in Hangzhou initiated efforts to develop Zhejiang Province into a leader in civil aviation and low-altitude economic growth. During this event, the Zhejiang Low-Altitude Industry Development Company was officially established. Backed by the Zhejiang Airport Group and its affiliates, the new entity has a registered capital of 1 billion yuan. Operating as a subsidiary of the Zhejiang Airport Group, it will work alongside the Zhejiang General Aviation Company to create a comprehensive low-altitude industrial system, focusing on infrastructure, flight services, and investment incubation.

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