Pandaily's Digest | Nov 3, 2023
Editor's note: On November 2nd, an image revealed that Chinese EV maker NIO would initiate layoffs with departmental proportions ranging from 10% to 20%.
NIO CEO: 10% Position Cut by End of the Month
In a memo addressed to the entire company, NIO CEO Li Bin mentions that the company plans to reduce approximately 10% of positions, and the specific adjustments will be completed in November. Link
Headlines from China
Alibaba Cloud CTO Announces Creation of Comprehensive Large-Scale AI Model Training Platform
Alibaba Cloud's Chief Technology Officer, Zhou Jingren, recently said that in addition to traditional infrastructure services, Alibaba Cloud is now leading the development of cloud computing in the upcoming era of intelligence. Link
Vivo X100 Price Announces, Equipped with A Large Battery in Collaboration with CATL
Vivo has announced that it will hold a new product launch event for its flagship vivo X100 series on November 13th at the Beijing Water Cube. Link
Volkswagen and Vivo Collaborate to Create A Mobile x Mobility Fusion Joint Innovative Lab
On November 3rd, CARIAD China under Volkswagen Group announced the establishment of the "Mobile x Mobility Fusion Joint Innovative Lab" in collaboration with vivo. Link
ERNIE Bot Offers A Premium Monthly Subscription for 59.9 Yuan, Multiple LMs Now Available for Paid Access
On November 1st, ERNIE Bot officially launched its membership service. Link
News You Shouldn’t Miss
Chinese Court Rules Tesla Chaozhou Incident Not Caused by Vehicle Fault
Regarding a car accident that occurred last November in Chinese city of Chaozhou, the court recently ruled in favor of Tesla. Link
Huawei Plans to Export Intelligent Vehicles and Collaborate with IAT Automobile in Overseas Markets
On October 30th, Huawei Intelligent Automotive team visited IAT Automobile and reached a consensus on conducting overseas cooperation. Link
Chinese Representatives Attended the AI Security Summit
On the AI Security Summit, China expressed its willingness to strengthen communication and exchange with all parties on the safe governance of artificial intelligence. Link
Xiaomi to Release Its First Small Foldable Flagship – MIX Flip
Xiaomi will launch two smartphone models with foldable screens next year, one being the large foldable screen MIX Fold 4, and the other, the small foldable screen MIX Flip. Link
In order to optimize your reading experience, articles linked in our newsletter have changed from those hosted at Substack.com to those on our own website at Pandaily.com. If you have any questions regarding this matter, please contact us at contact@pandaily.com.