Finance Associated Press AI daily June 21. The main headlines for today's AI daily morning news include: Tencent's Yuanbao upgraded to support processing of over ten million characters; Kimi's open platform Context Caching function is about to undergo internal testing; Apple responds that its AI only supports two iPhone models.

Tencent's Yuanbao has been upgraded to support the processing of over ten million characters.

The Tencent-owned AI large model application "Tencent Yuanbao" has been upgraded to version 1.1.7, which can support processing of super-long documents of up to tens of millions of characters in a single document, parsing up to 50 files at once (with a maximum file size of 100MB), and supports uploading and parsing of pdf, doc, txt, xlsx, pptx and other file formats. It also supports generating data charts such as bar charts, line charts, and pie charts with one click.

Kimi's open platform Context Caching function is about to undergo internal testing.

Recently, the AI startup company Moon's Dark Side announced that its Kimi open platform is about to begin internal testing of the Context Caching (contextual caching) function, and will release the best practices, billing plan, and technical documentation for the function.

Context Caching is suitable for situations where requests are frequent and a large amount of initial context needs to be repeated. It caches the repeating Tokens content, thereby effectively reducing the cost for users to request the same content. The function can also significantly improve the API's response speed (or rather, first-letter return speed).

Anthropic releases AI model Claude 3.5.

Anthropic released its latest AI model, Claude 3.5 Sonnet, on June 20. In March of this year, Anthropic released the Claude 3 series of models. Subsequently, OpenAI launched GPT-4o in May. Anthropic claims that Claude 3.5 Sonnet is faster than its previous main model, Claude 3 Opus, and is the first model in Anthropic's new Claude 3.5 family.

Google stated that Anthropic's new model, Claude 3.5 Sonnet, is generally available on Vertex AI now.

Tencent has applied for multiple WeChat Tingyiting trademarks.

According to the AIQicha App, recently, Tencent Technology (Shenzhen) Co., Ltd. has applied for multiple "WeChat Tingyiting" trademarks, which are classified internationally as advertising sales, education and entertainment, communication services, etc. The current status of the trademarks is waiting for substantive examination. It is worth mentioning that recently, the company has submitted several trademark registration applications for "WeChat Music Fans Circle", and the current status of these trademarks is waiting for substantive examination. It is understood that previously, WeChat launched the "Listening" function, which included this part of the "Music Fans Circle".

Fourth Paradigm adjusts personnel appointments: Guo Qingyuan appointed as acting CFO, Yu Zhonghao promoted to deputy chairman.

Fourth Paradigm announced that Guo Qingyuan has been appointed as Acting CFO. At the same time, Yu Zhonghao has been promoted to deputy chairman to assist the chairman in making major strategic decisions and layouts for the company. He will no longer serve as CFO but will continue to serve as an executive director of Fourth Paradigm.

The number of domestic AI companies has exceeded 4,500.

Reporters learned at the 2024 World Intelligent Industry Expo, which opened at the National Convention and Exhibition Center (Tianjin) on the morning of the 20th, that in recent years, China's artificial intelligence has developed rapidly, with significant results in empowering economic and social development. At present, it has cultivated 421 national intelligent manufacturing demonstration factories, more than 10,000 provincial digital workshops and intelligent factories, and the number of domestic AI companies has exceeded 4,500.

SenseTime plans to distribute 1.67 billion shares at HKD 1.20 per share.

SenseTime announced on the Hong Kong Stock Exchange that it plans to distribute 1.67 billion shares at HK$1.20 per share, with total proceeds of approximately HK$2.008 billion.

Rui Lei Wisdom released its first real-time AIGC detection product for individual users.

Reporters learned exclusively from Rui Lei Wisdom that the company has launched the RealBelieve product, which can detect AI synthetic content in real-time, with the Chinese name "Zun Du Jia Du". Unlike the passive upload and detection process of previous domestic and foreign AIGC detection products, this product is aimed at end-users and provides active real-time detection and protection. Rui Lei Wisdom is an infrastructure provider for artificial intelligence and has completed six rounds of financing, with the latest round funded by the Beijing Artificial Intelligence Industry Investment Fund.

Apple responds that its AI only supports two iPhone models.

Apple showcased its powerful AI capabilities at the WWDC conference, but it is limited to the iPhone 15 Pro, iPhone 15 Pro Max, and iPad and Mac devices that use the M1 or later chips. Apple explained that the computational requirements of large language models are extremely high.

SoftBank reveals "new investment direction", focusing on AI.

SoftBank CEO Masayoshi Son is preparing for new technology investments, focusing on artificial intelligence (AI). Son said there is no choice but to try, even if it means failure. SoftBank has not revealed specific details of the investment, but will mainly expand its power generation business in the United States to supply power to AI projects, and is also seeking up to $100 billion in funding to invest in a chip company. Currently, SoftBank, led by Son, has accumulated a cash reserve of 6.2 trillion yen.