#AI

China’s “500 Richest” list reveals a thriving economic landscape driven by technology and consumer trends. ByteDance’s Zhang Yiming leads, while others like Pony Ma (Guangdong) and Zhong Shanshan (Zhejiang) also rank high. Collective wealth increased 11% to 13.7 trillion yuan, with average net worth at 27.38 billion. The TMT sector, especially AI and semiconductors, dominates the list, showcasing significant growth and influencing the wealth of many entrepreneurs.

Foxconn Chairman Branden Cheng predicts AI will revolutionize not only industries like autonomous driving and cosmetics, but also everyday experiences. He believes AI will enhance the taste of Moutai and improve the effectiveness of cosmetics via increased precision, by replicating artisan techniques. Cheng sees AI as a tireless tool to improve efficiency and iteration in various tasks, replacing human labor in repetitive or inefficient processes.

ByteDance terminated two former employees involved in its Doubao large language model team for violating conflict of interest policies. A Seed team employee and their supporting HRBP failed to disclose their close relationship and made false statements during an investigation. The company dismissed both employees, withheld bonuses, and highlighted its commitment to ethical standards amid rapid AI growth. This follows a broader crackdown on internal misconduct at ByteDance.

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At the AGI Playground 2025, Luo Yonghao hinted at a new product launch after years of R&D under his company, Thin Red Line. Initially focused on AR glasses (found commercially unviable), the company pivoted to an AI-powered hardware/software solution, delayed by setbacks. However, a pure software solution is expected to launch within three months. Luo remained tight-lipped on specifics, likely due to past experiences with premature announcements.

JD.com, the only Chinese retailer, impressively climbed to #22 in Gartner’s Supply Chain Top 25, a testament to its advanced supply chain. This success is driven by substantial investments in technology, including its AI model for forecasting and extensive automation, within its over 40 smart warehouses. Its focus on AI-powered robotics and autonomous vehicles has optimized operations, leading to a rapid inventory turnover rate.

At SNMMI, GE HealthCare unveils theranostics-enabling solutions focused on precision care. The debut of MIM Software’s LesionID Pro utilizes AI for automated pre-processing, streamlining workflows and aiding in personalized cancer treatment. Key highlights include the MINItrace Magni cyclotron, the Omni Legend PET/CT, and the StarGuide SPECT/CT, facilitating improved disease detection, treatment accuracy and efficient workflow. GE HealthCare aims to provide comprehensive solutions, from imaging to software, advancing personalized medicine and improving patient outcomes.

Unicom Online showcased its AI-powered smart home innovations at MWC Shanghai, focusing on seamless integration of technology into daily life. Key offerings include the AI-driven ZhiJia TongTong smart voice control device (learning, security, communication), YunZhi devices leveraging cloud computing, the Unicom Cloud Disk storage service, intelligent phone services, and smart home security solutions, all aimed at enhancing convenience and user experience. The company continues to demonstrate its open approach to integrating artificial intelligence, and their desire to make technology accessible to every family.

The “Global Unicorn Enterprise Development Report 2025” reveals a booming unicorn market in 2024, with 1,212 companies globally, valued over $3.6 trillion. TikTok leads as the highest-valued unicorn. China ranks second with 372 unicorns, totaling $1.225 trillion in valuation. The report highlights industry trends, emphasizing FinTech and AI, and analyzes founder backgrounds, with masters degrees being the most common.

CNBC AI News reports on a discussion between Geely Chairman Li Shufu and Unitree Robotics founder Wang Xingxing about AI-era talent cultivation. The dialogue, their first public meeting, centered on defining and achieving personal success. Wang emphasized self-discovery and pursuing passions, while Li stressed the importance of direction and contributing to the world. Both leaders offered insights on pathways to fulfillment and legacy in a rapidly evolving technological landscape.