TMT - TechWire

TMT

15:44

                            Feng Jiashi, head of ByteDance's Doubao visual basic research team, has resigned.
                        
                            Feng Jiashi, head of ByteDance's Doubao large-scale model vision foundation research team, has reportedly recently left the company. Feng, who joined ByteDance in 2019, focused on computer vision and machine learning research, publishing over 400 papers on deep learning, object recognition, generative models, and machine learning theory.
                        
13:51

                            ByteDance responds to online rumors about releasing AI glasses: The information is inaccurate
                        
                            According to media reports, ByteDance is about to release a pair of AI glasses. The product solution is provided by RXKJ, the MCU is supplied by HXKJ, the SoC uses the Qualcomm AR1, and the entire device is manufactured by LQKJ. Sina Technology contacted officials for confirmation, and a ByteDance representative stated that the product is still in the early stages of exploration and has no current release plans. Hardware products involve extensive upstream and downstream supply chains, and online rumors are inaccurate. Investors are advised to be aware of the risks.
                        
11:40

                            SpaceX: Preparations for the tenth test flight of Starship will begin as early as Monday, and the launch window will open at 18:30 Central Time (07:30 Beijing time on Tuesday).
                        
10:28

                            Hong Kong-listed gaming software stocks strengthened during the session, with Boyaa Interactive (00434.HK) rising more than 5.5%, NetEase (09999.HK) rising more than 5%, Zulong Entertainment (09990.HK) rising nearly 4%, and Zhongshouyou (00302.HK) rising more than 2%.
                        
07:17

                            SpaceX: Pause today's tenth Starship flight to allow time to troubleshoot ground system failures.
                        
21:33

                            The pilot project of quality and safety coding verification for key products sold online has officially started
                        
                            On August 22nd, the "Code-Based Verification of Online Product Quality and Safety 'Code Action' Initiative" was held in Beijing, marking the official launch of a pilot program for coding and verifying the quality and safety of key online products. Deng Zhiyong, Member of the Party Leadership Group and Deputy Director of the State Administration for Market Regulation and Director of the National Standards Committee, attended and addressed the event, which was chaired by Chief Engineer Liu Min. Officials from the Beijing and Zhejiang Provincial Market Supervision Bureaus and representatives from two platform companies shared their views. Officials from the Shanghai, Jiangsu, Guangdong, Sichuan, and Hunan Provincial Market Supervision Bureaus, as well as relevant departments and subordinate units of the State Administration, attended the meeting. Ten platforms—Taobao, Kuaishou, Pinduoduo, Douyin, JD.com, Suning.com, Xiaohongshu, Douyin, Vipshop, and Tencent—jointly issued an initiative to conscientiously fulfill their responsibilities for coding and verification, ensure strict product entry and review processes, and jointly create a safe and secure online consumer environment.
                        
17:40

                            Ant Group and Peking University Third Hospital jointly established the "AI Medical Joint Laboratory" to promote the implementation of AI medical applications
                        
                            Ant Group and Peking University Third Hospital (PKU3H) have reached a strategic partnership to jointly establish the "AI Healthcare Joint Innovation Laboratory." The two parties will conduct R&D and applied research across multiple departments, focusing on major disease areas such as colorectal cancer, endocrinology, and assisted reproduction, to promote the development of AI-assisted diagnosis and treatment decision-making and patient service systems. Simultaneously, the PKU3H Intelligent Body Project will be launched to provide patients with a full-process AI-powered medical companion service, optimizing the medical experience and efficiency. Ant Group CEO Han Xinyi stated that the company will collaborate with leading hospitals and research institutions to promote the professionalization, personalization, and automation of AI healthcare services.
                        
11:53

                            A SpaceX rocket carrying the US X-37B space plane launches in Florida.
                        
10:32

                            The Shanghai Composite 50 Index rose more than 1% in early trading. Concepts such as AI chips, storage chips, and automotive chips strengthened, and CPO, rare earth permanent magnets, and games were among the top gainers.
                        
14:04

                            ByteDance open-sources long text processing model Seed-OSS-36B
                        
                            ByteDance's Seed team has open-sourced the Seed-OSS-36B series of large models, designed for long contexts, reasoning, agents, and general scenarios, with a maximum context length of up to 512k tokens.
                        
09:41

                            The Science and Technology Innovation 50 Index rose by more than 2%, the A-share semiconductor sector strengthened, Centec Communications rose by more than 16%, Weice Technology rose by more than 10% after the performance, and stocks such as GigaDevice, Canxin Technology, and Amlogic Technology followed suit; VeriSilicon rose nearly 7% in early trading. ByteDance recently denied any cooperation with VeriSilicon on AI chips.
                        
08:17

                            CITIC Construction Investment: High-frequency data is positive, Q3 performance increased significantly, and the gaming sector is reiterated as the main focus for the whole year
                        
                            According to a research report by CICC, AI-driven gaming is projected to reach 30x in 2023. This year, the EPS is actually more realistically revised, driven by a strong economy, and an improved market structure. Both leading and mid-sized companies are doing well this year, with the broader market expanding (domestic self-developed online games increased by 20% in the first half of the year, primarily due to improved ARPPU). Furthermore, after the interim report, valuations will shift to next year, and gaming will have excellent sustainability. In terms of performance, the third quarter will be a better quarter (due to a summer revenue boom), with upcoming releases like Valorant M, Master of War, Nine Pastures, Ysher (Chinese version), and Alien Ring. This year, the gaming sector has seen significant cost savings, leaving room for profit revisions. New content communities like Taptap and Xiaohongshu are on the rise, and CPs are rigorously assessing ROI. Traditional volume acquisition is declining, and AI is significantly boosting the production capacity of mid-sized companies.
                        
14:57

                            VeriSilicon shares hit the daily limit and then crashed
                        
                            VeriSilicon's stock price hit the daily limit but then crashed. On the news front, ByteDance denied the rumor that it had no AI chip-related cooperation with VeriSilicon.
                        
14:56

                            ByteDance denies rumors: no AI chip cooperation with VeriSilicon
                        
                            Recently, industry sources have reported that ByteDance is collaborating with VeriSilicon to design an advanced AI computing chip. In response, a ByteDance representative told a Securities Times reporter that ByteDance and VeriSilicon have no AI chip-related collaboration.
                        
23:44

                            SpaceX: The Dragon spacecraft has been confirmed to have splashed down.
                        
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