After divorce, I can hear the voice of the future

Chapter 653 The Magic Square Returns to Its Essence

“In the future, MagicCube Technology will return to its essence and focus on the research and development of AI models.”

After pondering for a long time, Liang Wenhui suddenly brought up why he got involved in quantitative trading in the first place, saying that it all came down to not having money.

A typical integrated GPU, such as the Nvidia P100, costs $1.2, and its price was driven up to over $2 during the Bitcoin price surge at the end of last year.

The Firefly-1 AI model, developed by MagicCube, is equipped with a total of 1100 P100 GPUs.

Not even counting labor costs and other daily expenses, this item alone costs $1320 million.

Developing your own AI model is a bottomless pit. Without continuous financial support from cash cows, it will probably fail halfway through.

So he made a decisive move at the time, suspending the development of AI models and focusing on making money, which led him to learn about quantitative trading.

With money, you can do whatever you want without being bound by anyone.

"Mr. Lu, you thought the same thing back then, didn't you?"

Liang Wenhui said with a smile that their approaches were very similar: they both raised money from the financial market and then developed their main business.

The exchange of shares between Tianxing Quant and Huanfang Technology appears to be a loss-making deal now.

But Liang Wenhui is confident that this will be the most brilliant investment in Lu Liang's life.

Tianxing OS aims to become the Android of the automotive industry, but Huanfang Technology aspires to become the terminal of the Internet of Everything.

Because artificial intelligence is a very broad concept, it can be said that any product connected to the internet is an application scenario for artificial intelligence.

If installed on a mobile phone, it becomes a smart assistant that can help the owner answer questions about everything in the world, arrange schedules, and act as a secretary.

Installed in the car's infotainment system, it becomes an intelligent driver, more user-friendly than any other navigation system on the market. It knows which routes are smoother and more convenient, allowing car owners to travel without worry.

When installed on a computer, it becomes a powerful office assistant. Simply input the relevant data, and it can automatically generate tables and complete data statistics and organization.

This is just the civilian application; there are also military, aerospace, and other applications. Artificial intelligence is the next big thing, and that's not just empty talk.

"Wenhui, you've successfully convinced me."

Lu Liang smiled and extended his right hand, signifying his agreement to Liang Wenhui's additional conditions.

In his view, Magic Square Quantization no longer exists, and Tianxing Quantization has taken its place, making this a deal that is destined to be profitable.

As for investing in Magic Square Technology, that was an unexpected bonus.

"On behalf of Magic Square, I thank you for your recognition." Liang Wenhui quickly stood up, his face filled with undisguised excitement.

It should be noted that Tianxing is known in the industry as a private equity bully. Lu Liang's self-created 3+20N fee model has made countless investors both love and hate it.

The reason for hating him is, of course, that his fees are too high. He sets a 30% profit target, and for every 30% increase in the profit margin, he increases the management fee by 5%.

If the return rate reaches 60%, the management fee is 25%; 90% is 30%; 120% is 35%, capped at 40%.

Assuming a principal of $100 million, and a profit of $150 million, $60 million of that would be Tianxing's management fee.

In addition to the 3% entry fee that guarantees a profit regardless of drought or flood in the early stages, Tianxing's total revenue is $6300 million.

The reason for love is simple.
Tianxing always manages to make investors a fortune.

Because once the management fee is capped, it means that investors will still have at least a 90% return.

Moreover, the time frame is usually no more than one year. For example, the first and second phases of private equity funds distributed dividends several times a year, and the total return for each investor exceeded 300%.

The international quantitative fund jointly established by Magic Square and Tianxing will likely adopt this fee structure as well.

Assets under management of tens of billions of dollars
The initial entry fee alone is $3 million.

Huanfang Technology holds 30% of the shares.

This revenue alone amounts to $9000 million.

The company will no longer be short of money, and Liang Wenhui can focus on leading the team to develop AI models.

Quietly strive until you amaze the world.

"On the 13th, we will be settling our fourth private equity fund. You should come and participate. Then we can go to Hong Kong together."

After a moment of contemplation, Lu Liang suddenly said that he planned to locate the headquarters of International Quantitative in Hong Kong. Although Shanghai is a financial city, it is far less free than Hong Kong.

Regarding its monetary attributes alone,
Hong Kong has advantages that Shanghai can't match.

Since 83, the Hong Kong government has relinquished the right to issue currency, and the Hong Kong dollar has been issued by three banks: Bank of China, HSBC, and Standard Chartered Bank.

However, these three banks cannot issue unlimited amounts of Hong Kong dollars. For every HK$7.8 issued, one US dollar must be pledged to the government as collateral.

So, while the Hong Kong dollar sounds nice, it's actually just a US dollar exchange certificate.

Although the currency circulating in Shanghai is also called Shanghai currency, it is essentially RMB, while Hong Kong dollars are essentially US dollars.

Tianxing Quant will focus on international market trading and will not be involved in the mainland market or engage in venture capital.

Placing the headquarters in Hong Kong is the best choice. Liang Wenhui nodded, and the two discussed some details and the time for their next meeting.

Before long, the conversation came to an end, and his phone, which was on the table, rang, so Lu Liang stopped talking.

Although the sound from the receiver was very faint, the restaurant was quieter because of their presence. When he heard the familiar female voice, Lu Liang's lips curled up into a knowing smile.

Liang Wenhui coughed a few times, gave a few perfunctory replies, and then hung up the phone. Lu Liang smiled and said, "Wenhui, go ahead and do what you need to do. We'll talk later."

"Okay, Brother Lu, I'll be going now." Liang Wenhui chuckled awkwardly, putting on a pretentious act.

This was a gift from Lu Liang. The night was too short; one night wasn't enough. He still had many positions he hadn't explored.

After all, she was once a top star, and now she's been blacklisted. Lu Liang must have promised her other conditions besides money when he asked her to intervene.

So we need to maintain the relationship for at least three to five months, have fun and enjoy ourselves to the fullest, so that we can be worthy of the price that Brother Lu paid.

Liang Wenhui is gone.

As Lu Liang sipped his coffee, he suddenly picked up his phone and dialed Gunn's number at DC Studios to inquire about the progress of the Joker project.

Gunn was taken aback by Lu Liang's call, since Lu Liang had ignored them ever since the $2.5 million investment last year.

If Lu Liang hadn't been so active in financial news, I would have heard that he had once again ravaged Wall Street yesterday.

Gu Endu thought Lu Liang had vanished into thin air.

He truthfully said, "The preliminary preparations are almost done, and the casting is about 80% complete. The male lead is confirmed to be Phoenix... Lu, I remember I sent you the casting list and the project funding approval a while ago, didn't you see them?"

"Um……"

Lu Liang remained silent for a while, actually opening his email, glancing at it a few times, and said, "R-level, and it's a crime case. A $5500 million investment, but losing the most important East China market, I'm afraid it will be difficult to make a profit."

Gunn, being simple-minded, couldn't understand Lu Liang's implied meaning at all, and hurriedly explained, "You know that Warner wants DC to go public independently. As long as this project is well-received, whether it's commercially successful or not is secondary."

"Guen, if it can be both critically acclaimed and commercially successful, that would be ideal, don't you think?"

Lu Liang's hints were so obvious; if Gu En still didn't understand, then he was deliberately feigning madness.

He understood and cautiously asked, "Lu, do you have any better suggestions?"

Lu Liang said with a smile, "Although we can't get into Dongda's market, we can get Dongda's audience to go to the cinema on their own initiative. There are many Chinese people in Hong Kong, Macao, Taiwan, and all over the world."

Gu En seemed to be thinking about something, so he continued, following Lu Liang's words: "Perhaps we can start with the casting of actors, select a heavyweight actor from Dongda University, and attract Dongda University audiences to the cinema."

"Hmm, that's a good idea."

Lu Liang smiled, his eyes crinkling. Who says foreigners don't understand social etiquette? This foreigner is all too familiar with it.

Looking at the synopsis of "Joker," he pondered for a moment and said, "The role of Arthur's fantasy girlfriend, a single mother, could actually be played by anyone. There's no need to specifically find a Black woman; that's a bit too politically correct."

"Joker 2019" can also be called "Joker Origins," which tells the story of how society forced the Joker to become the Joker.

There are two key female characters in the film: the Joker's mother and the Joker's fantasy girlfriend.

The fantasy girlfriend's identity is a Black single mother; if she were an Asian single mother, it wouldn't be particularly jarring.

"Lu, do you have any good candidates to recommend?"

Gunn gave a wry smile, and could only apologize to Zazie Beetz in his heart. The investors were the most powerful, especially Lu Liang; if he wanted to send someone, even Warner Bros. couldn't stop him.

"Fan Bingqing seems pretty good, hmm, let's go with her."

Lu Liang's attitude was very firm; he was too lazy to use a tone of discussion anymore, and it was almost an order.

Gu En frowned. He didn't know many of the female celebrities from Dongda University, but Fan Bingqing happened to be one of them.

Their status and influence are definitely enough.
But this person seems to be a target of the ban imposed by the Dragon Mark.

"R-rated films can't get into the mainland market anyway, so what difference does it make whether they're banned or not?"

“That’s true,” Gunn sighed, indicating that he would immediately send her a role invitation.

"Then let's do this for now."

End the call with Gunn.

Looking out at the city scenery, Lu Liang murmured to himself, "Wenhui, don't let me down. I have high hopes for you."

One hundred million in one year, three billion in two years, and one hundred billion in four years.

Lu Liang had more confidence in magic squares than Liang Wenhui did.

If it can perform so exceptionally well in the field of quantitative analysis, then Yinghuo-1 will only perform even better in other application scenarios.

This is also why Lu Liang spared no effort to win over Liang Wenhui and was willing to protect him.

(End of this chapter)