#AI

OpenAI has launched ChatGPT Agent, a unified AI agent integrating web interaction, information gathering, and advanced conversational abilities. Powered by modules for web automation, in-depth research, and an enhanced GPT-4 dialogue engine, it can perform complex tasks like financial research, presentation creation, and code generation. While limitations exist in complex modeling and non-English text analysis, the agent is available to Pro, Plus, and Team subscribers, with future plans for voice interaction and expansion into healthcare and education.

NVIDIA CEO Jensen Huang addressed the China International Supply Chain Expo in Mandarin, marking his first public speech in the language. He discussed NVIDIA’s history, its pivotal role in AI development through GPUs and accelerated computing, and its partnerships with Chinese companies. Huang highlighted the transformative impact of AI, particularly in China, across various industries and its contribution to open-source models. He emphasized AI’s role as future infrastructure, driving a new industrial revolution and growth opportunities for China’s supply chain. He also switched from a Tang suit to his signature leather jacket during the event.

Nvidia’s stock surged after CEO Jensen Huang’s Beijing visit sparked optimism about resuming H20 chip sales to China, adding almost $200 billion to its market cap. AMD also saw gains. The H20 is a modified chip designed to comply with U.S. export rules. Despite Nvidia’s optimism, uncertainties remain due to U.S.-China relations and growing competition from domestic Chinese companies like Huawei, which could impact long-term market share.

Nvidia CEO Jensen Huang visited Beijing for the China International Supply Chain Expo (CISCE), marking his third trip to China this year. He met with CCPIT Chairman Ren Hongbin and is scheduled to give a speech in Mandarin, his first public address in the language. Huang emphasized the importance of global supply chains for AI advancement and highlighted China’s significance for U.S. companies and AI research. His frequent visits demonstrate Nvidia’s commitment to the Chinese market despite geopolitical complexities and signify Nvidia’s strategic focus on the region.

Charles Zhang and Nobel laureate David Gross discussed physics and AI hype. Gross clarified the 2024 Physics Nobel (John Hopfield) recognized neuroscience work using physics models, not direct AI. He emphasized: “AI is not science; it is a tool.” Gross criticized excessive AI hype, noting it lacks true creativity. He predicted AI would displace people skilled in “just talk[ing] a good game,” not scientists. Zhang agreed about the prevalent hype and fervor surrounding AI. (87 words)

Jay Chou ignited social media by launching a Douyin account as “Student Jay,” amassing over 10 million followers in 24 hours with no content posted. His AI-powered first video attracted 18.7 million likes. Concurrently, he altered his Kuaishou bio from “only official platform” to “first Chinese social media account.” Analysts interpret these moves as a strategic shift in allegiances within China’s competitive short-video market, leveraging Chou’s star power for platform user acquisition wars. His Douyin followers now exceed 19.5 million.

Amazon’s 2023 Prime Day achieved record sales with members saving billions globally. Leveraging AI tools like Alexa+ for personalized recommendations and Rufus for conversational shopping, the event saw massive adoption of popular devices like Ring Doorbells and Fire Sticks. Significant growth occurred in grocery, healthcare via RxPass, and Prime Video integrations, driving deeper ecosystem lock-in. Exclusive member benefits like fast delivery and healthcare savings further solidified Amazon’s retail dominance. Analysts note the event’s strategy successfully monetizes consumer attention across its expanding ecosystem, delivering products to members in under 3 minutes in some areas.

Nvidia reached a $4 trillion market valuation milestone, becoming the first company to achieve this feat as shares closed at $163.90. Its cap now surpasses the combined markets of the UK, France, and Germany, exceeding Microsoft and Apple. This 800% surge since 2021 stems from insatiable AI chip demand from tech giants building data centers, with Wall Street analysts projecting potential for $6 trillion amid eased export concerns.

Baidu has initiated its 2026 campus recruitment, offering over 4,000 positions spanning 256 specialized roles across seven Chinese cities: Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu, Dalian, and Hangzhou. Over 90% of openings are AI-related, including 90 newly created roles in multimodal systems, cross-modal algorithms, and large-scale model architecture. The recruitment features a dual-batch system: early applicants bypass written exams for accelerated interviews, while unselected candidates may reapply during the regular admission cycle. (79 words)

Meta is aggressively acquiring top AI talent, notably hiring Ruoming Pang, former head of Apple’s foundational models team. This strategic move, reportedly driven by a lucrative compensation package, highlights Meta’s drive to bolster its AI capabilities amidst intense industry competition. Pang’s departure may impact Apple’s AI team morale, as the company seeks to advance its AI initiatives.