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张一鸣进军私募，知情人士称其重心转到大模型和AI It is reported that Zhang has personally led efforts to recruit AI talent from competitor companies in China and has repeatedly emphasized the pursuit of "general artificial intelligence" (AGI) within ByteDance. https://lnkd.in/e4kQx4T6 字节跳动

OpenAI约400名员工迎股票套现机会，每人最多1000万美元 Around 400 current and former OpenAI employees are set to receive millions of dollars in cash, thanks to a special stock sale arrangement between the San Francisco-based company and Japan's SoftBank Group. https://lnkd.in/eCADbNHh OpenAI #stocks

多家媒体报道，保时捷开启中国区裁员 An internal Porsche employee confirmed the news, stating that the company plans to reduce its workforce by 30% as part of a broader restructuring initiative in China. https://lnkd.in/e6-Dd4xS Porsche (China) Motors Ltd #China

极越CEO内部信回应大幅裁员传闻：削减短期内无法提升财务项目，共渡难关 https://lnkd.in/gueGNJ8J The letter emphasized JiYue's transition into what Xia termed "Startup 2.0," involving the consolidation of overlapping departments and roles, and the reform of inefficient internal workflows.

Friar’s comments highlight the intersection of politics, technology, and competition as the U.S. navigates the challenges and opportunities of the AI-driven future. https://lnkd.in/gfSbe_KZ OpenAI #US

This view was echoed by three renowned economists—Qiu Xiaohua, former Director of the National Bureau of Statistics and Chief Economist of Sunshine Insurance Group; Xu Shanda, an economist and former Deputy Director of the State Administration of Taxation; and Wu Xiaoqiu, Dean of the National Academy of Financial Research at Renmin University of China.  https://lnkd.in/ecXQy8R9 #TEDGE2024 #China

The global growth forecast stands at approximately 3.2% for both this year and the next, continuing the pattern observed in 2023. https://lnkd.in/ehg3ifM5 #economy #TEDGE2024

Chinese Companies Going Overseas Can Take the "Grassroots Route" in the U.S. in the Trump 2.0 Era, Says Expert 何伟文：特朗普2.0时代，中国出海企业可以在美走“草根路线” https://lnkd.in/etWbM-Ky However, He emphasized that this does not mean Chinese companies should remain passive in their international expansion efforts. #TEDGE2024 #China #Trump

A Key Focus of Reform Should Be Stabilizing and Recovering Existing Wealth, Says Professor 吴晓求：改革的一个关键是稳定和恢复现有财富规模 https://lnkd.in/eNrXQher At present, it is relatively difficult for our country to significantly increase income levels. #TEDGE2024 #China

Mergers and Acquisitions a Key to Economic Recovery https://lnkd.in/e7g3TSBm Says CEO of China Renaissance Wang Lixing, the CEO of China Renaissance, emphasized that while many may view the recovery of the VC market as a distant hope, there is potential for revitalization through mergers and acquisitions (M&A). #TEDGE2024 #China