Pandaily Digest|May 17, 2023
Editor's note: AI image generators Midjourney released a notice on Tencent‘s WeChat platform titled ‘Beta Application of Midjourney’s Chinese Version’.
Midjourney Releases Chinese Version on Tencent Platform
On the evening of May 15th, AI image generators Midjourney released a notice on Tencent‘s WeChat platform titled ‘Beta Application of Midjourney’s Chinese Version’, inviting Chinese creators to join the beta testing of Midjourney’s official Chinese version. Link
Headlines from China
China’s CMGE and Microsoft Cooperate to Introduce GPT Technology for Gaming
Chinese mobile game developer CMGE announced on May 15 that it has signed a cloud service framework agreement with Microsoft. The two parties will carry out extensive cooperation in the fields of cloud computing, big data, Azure OpenAI and other information technology. Link
Meituan’s Community Grocery Unit to Conduct New Round of Adjustments
On May 15, sources from Meituan disclosed to Chinese media outlet Powerhouse that Meituan Youxuan, the community grocery unit, will begin a new round of adjustments recently. Link
Self-Driving Business of Alibaba’s DAMO Academy Merged into Cainiao
On May 13, Alibaba‘s research institute DAMO Academy was reported to be undergoing a major organizational restructuring. The autonomous driving laboratory, which has long been unable to generate profits, will be merged into Cainiao, the logistics arm of Alibaba. Link
News You Shouldn't Miss
Xiaoice Launches “GPT Clone Program”
On May 16th, Xiaoice announced the launch of the “GPT Clone Program“. The first batch will recruit 300 people and create their own digital life based on the 3-5 minute videos and personal social network data they provide. Link
NIO ES6 Intelligent Electric SUV Model Will Be Launched Next Week
On May 16th, NIO officially announced that the ideal choice for families – the intelligent electric all-around SUV, NIO’s new ES6 will be launched on May 24th and test drives will begin. Link
Hong Kong Disneyland Reports A Net Loss of $270 Million for the Fiscal Year 2022
Hong Kong Disneyland Resort announced its financial performance for the 2022 fiscal year on May 15th. For the fiscal year ending September 30, 2022, the resort reported a net loss of HKD 2.1 billion (about USD 270 million), which narrowed by 12% compared to the previous year and marked two consecutive years of narrowing losses. Link
China Successfully Launches 56th BeiDou Navigation Satellite
On May 17th, at 10:49 am, China successfully launched the 56th BeiDou Navigation Satellite (GEO-4) using a Long March-3B carrier rocket at the Xichang Satellite Launch Center. Link
Miniso Focuses on Expanding Its Presence in the American Market
On May 17th, Zhang Jingjing, the Chief Financial Officer of Miniso, a Chinese retailer of household consumer goods, stated in an interview that the US market will be a key focus for future expansion. Link
DJI Staff Denies Rumors of Withdrawing from the US Market
On May 17th, in response to recent online rumors such as “DJI refuses to pay fines” and “DJI exits the US market”, DJI staff made a clear denial and pointed out that DJI has not conveyed any related information in any official company statement or external communication. Link
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