Jingu Financial News | AI concept stocks generally rise, Kingsoft Cloud (03896) up 11.11%, Nova Innovate (02121) up 7.16%, Mobvista (01860) up 6.1%, Newborntown (09911) up 5.65%, Meitu Company (01357) up 3.6%, Idreamsky (01119) up 2.05%, Kingsoft Software (03888) up 1.77%.

Amazon announced at the annual AWS conference the launch of a series of advanced AI models called Amazon Nova. The Amazon Nova series includes text-to-text and multimodal models, including Amazon Nova Lite, Pro, and Premier, capable of handling text, image, and video inputs. Lite and Pro are already available, while Premier is expected to be released in the first quarter of next year. Amazon pointed out that their new models are at least 75% cheaper than competitors, making them the fastest and most cost-effective choice within Amazon Bedrock.