Who doesn’t want to make money after being reborn?

Chapter 430 Promoting technology iteration

No wonder ByteDance is so good at fighting!
Whether it is TT, today's hot spots, or WeChat public accounts, accurately calculated content can always accurately find users.

The recommendation ability of its algorithm is eight blocks away from other major Internet companies.

Simply confusing.

Everyone suddenly realized: It turns out that people have used artificial intelligence technology long ago.

Only then did we understand that the sudden rise of Bytedance Group was not an accident, but the result of technological iteration.

Before, everyone was just confused.

Now that the mystery is solved, I can only secretly swear in my heart: I must increase investment in artificial intelligence technology within my own company.

It cannot be treated as a child's play.

We cannot let Byte move too far behind in artificial intelligence technology.

Although the young man in front of us has taken up the banner of resisting Google's hegemony, it does not mean that ByteDance Group does not want to become the second Google.

You have to hurry up and catch up!

Business alliances are similar to brotherhood - you are afraid of your brother's misery, but you are also afraid of your brother driving a Land Rover.

Regardless of whether they are close or distant, they are not willing to watch Byte establish a new hegemony in the field of forward-looking technology.

otherwise.

Will the current anti-Google alliance have to become the anti-Byte Alliance?

“Artificial intelligence technology is not new.”

Luo Hui was not surprised by the small thoughts hidden in everyone's eyes, and continued to introduce the artificial intelligence technology in his knowledge: "The flexible production line that has gradually matured is actually an application method of artificial intelligence technology."

"However, it is not a generative artificial intelligence technology but a limited artificial intelligence technology, which is not within the scope of today's discussion."

"Don't look at me like that."

"I am serious about challenging Google's hegemony, and I have no intention of defeating Google in the areas it is best at."

"That's impossible."

"I think there is only one way to defeat Google - to advance technology iteration."

"So, the core topic of this International Internet Conference is for everyone to crowdfund funds and form a huge alliance related to generative artificial intelligence technology."

“The purpose is to share information, share technology, and share funds to really defeat Google in the technical field!”

"..."

In the eyes of domestic netizens, Google seems to be an ordinary Internet company with nothing remarkable about it.

At most it can be considered a large Baidu.

If you have more impressions, you will most likely know that the Android platform is an operating system developed by Google.

The big guys from all over the world who were invited to attend the International Internet Conference were afraid of Google, sitting on pins and needles, and having a problem in their throats.

He is a bully who is always at the mercy of major Internet companies.

Monopolies such as Microsoft are also shouting every day under the strong pressure of Google: Oppose monopoly hegemony!
This shows how powerful Google is.

Now that there is a way to get rid of Google's information and technology constraints, domestic Internet tycoons who are interested in overseas markets naturally listen very carefully for fear of missing any useful information.

pity.

Luo Hui didn't mention much about the development direction of artificial intelligence technology. He focused on the information that all domestic and international Internet giants, except Google, have joined forces to invest heavily in artificial intelligence technology cooperation.

It doesn't sound like there's anything wrong with it.

It's a bit like the six major factions besieging Guangmingding.

However, as they listened, Mr. Ding and others heard something different.

Luo Hui changed the subject.

Putting aside cooperation with other international Internet companies, let’s talk about small-scale cooperation: “The purpose of inviting you to Yongxin Village today is actually to invest in generative artificial intelligence technology.”

"We, ByteDance Group, have taken the lead in establishing an angel investment company that specializes in investing in generative artificial intelligence projects. We all invest together to invest in any domestic projects that intend to develop generative artificial intelligence." "Benefits are shared and risks are shared."

That's it?

With such a large-scale formation, how big a lead does Bytedance Group have in the field of generative artificial intelligence?

Unexpectedly, the solution proposed by Luo Hui was to form an angel investment company to specifically invest in generative artificial intelligence research and development projects.

The big bosses who participated in the meeting suddenly breathed a sigh of relief: Fortunately, fortunately, ByteDance Group is not as powerful as they thought.

The eyes he looked at Luo Hui became much kinder.

"I believe in Mr. Luo's investment vision."

Ding Sanshi breathed a sigh of relief and expressed his position at the same time: "As far as I know, whether it is the company founded by Mr. Luo or the project he invested in, they are all technology projects with very broad market prospects."

"When we set up an angel investment company, NetEase counts us as one. Money is not an issue."

joke.

Having missed the initial opportunity to become a major shareholder of WeChat, Ding Sanshi cannot miss another opportunity to make a fortune that is just around the corner.

Facts have proved that holding Luo Hui's thick legs can basically realize the dream of making money while lying down.

Investing depends on luck.

Some people, no matter how much money they spend or how many projects they invest in... they may get nothing in the end.

And for some people, whatever project they invest in becomes successful, it’s like a miracle.

Why are you competing with yourself?

"If I heard correctly, Mr. Luo doesn't seem to have confidence in the development path of generative artificial intelligence technology?"

Liu Dong did not rush to express his position. Instead, he pondered: "I'm sorry, our Jingdong is now in a period of rapid development, and money is everywhere."

"You can't participate heavily in angel investment shares, you can only provide some symbolic funds to show your support."

"at the same time."

"I can personally invest in the newly formed angel investment company and inject 100 million."

"Nothing else."

"It's just a matter of trust in Mr. Luo. When our Jingdong company was raising funds everywhere, ByteDance came to help."

"I must remember this love."

"In addition, we are also incubating generative artificial intelligence projects internally. If there is any breakthrough, we will need strong financial support."

"We hope that the angel investment companies formed in the future will pay attention to our project as soon as possible."

Brother Dong speaks very straightforwardly.

If you don’t have money, you don’t have money. You will never pretend to be fat.

Such a big boss only invested 100 million, but it meant that he had used all the liquidity he could use personally.

Luo Hui appreciates it very much.

He smiled and nodded to show his understanding.

If someone takes the lead, it will be much smoother for others to express their opinions:

"Mr. Luo can trust me!"

"Benefits are shared and risks are shared. If everyone takes shares, the losses will be affordable."

"Buy shares, buy shares, buy shares. Anyway, the concept of generative artificial intelligence technology has been proposed a long time ago, but no one has been able to find a way out yet. If we work together, we can make a way out even with money."

"It's a bit reckless, but it's still a good idea."

"There must be a brave man under a heavy reward."

"We are a small company. Unlike ByteDance, which has a huge business, we just invest less and invest one billion."

(End of this chapter)