06682 FOURTH PARADIGM
- 52.000
- -0.750-1.42%
FOURTH PARADIGM News
Brokerage focuses on haitong sec's initial rating of Fourth Paradigm (06682), which is rated as 'outperforming the market', indicating that its accumulated potential is expected to gradually release along with the fast development of the AI industry.
Jingu News | Haitong Securities issued a research report stating that Fourth Paradigm (06682) has made progress in its core business for Q1 2024. The company insists on technological innovation and steadily expands its business, contributing value to various industries with AI. In Q1 2024, the company's total revenue was 830 million yuan, a year-on-year increase of 28.5%, and gross profit was 340 million yuan, a year-on-year increase of 21.1%. The company drives development through innovation, with R&D investment of 350 million yuan and an R&D expense ratio of 42.0%, ensuring continuous improvement of company competitiveness. In Q1 2024, Fourth Paradigm's Prophet AI platform business revenue was 500 million yuan.
Hong Kong stock market changes | Fourth Paradigm (06682) rose more than 3%, with excellent performance in 24Q1, and AI development helped the company expand in the large model field.
Fourth Paradigm (06682) rose more than 3%, as of press time, it rose 3.41% to HKD 54.65, with a turnover of HKD 4.06 million.
[Special guest V] Guo Jiayao: Market is waiting for the Fed's interest rate decision this week, and the index is expected to remain at the level of 18,000 points.
Jingu Finance News | US stocks stabilized on Monday as the Federal Reserve began its interest rate meeting. The market is waiting for guidance on the future interest rate schedule. There are signs of increased geopolitical risks, which are unfavorable to the market sentiment. The three major indices all recorded moderate gains at the close. The US dollar is performing well, with the 10-year Treasury yield rising to 4.47 cents, and gold prices rebounding slightly from the lows while oil prices remained unchanged. Hong Kong pre-deposit securities generally fell, and the market is expected to follow a low opening in the early stages of trading. The mainland stock market rose last Friday, with the Shanghai Composite Index opening high and closing low at 0.1%, while the turnover on the Shanghai and Shenzhen stock exchanges decreased. The trend of Hong Kong stocks is fluctuating and slightly soft, and the index continues to fluctuate narrowly.
Dai Wenyuan's first college entrance examination essay: The ultimate question of survival for AI.
After seeing today's college entrance examination essay about the application of AI and its impact on our lives, I am deeply touched. Suddenly, I realized that I had never taken the college entrance examination, so I tried to express my shallow views and please correct my score. The following is the main body: With the popularity of the Internet and the application of AI, more and more problems can be quickly solved. So, will there be fewer and fewer problems for humans to confront? The answer is absolutely not, but rather more. Throughout history, each revolution of productivity has brought about a superimposed reaction of new and old problems. Overall, solving them will bring even newer problems. AI will replace human beings in generating text, images, and videos, like Fourth Paradigm.
Hong Kong stocks have unusual movement | Fourth Paradigm (06682) rose more than 9% in the afternoon, Q1 Prophetic AI platform business revenue increased by 80%, and the application of large models in various fields is expected to continue expanding.
According to the Zhitong Finance and Economic App, 4th Paradigm (06682) rose more than 9% in the afternoon. As of press time, it has risen 5.73% to HKD 53.55, with a turnover of HKD 14.665 million. In terms of news, 4th Paradigm's first-quarter revenue was RMB 830 million, a year-on-year increase of 28.5%; gross profit was RMB 340 million, a year-on-year increase of 21.1%. During the period, revenue from the Prophesizer AI platform business was RMB 500 million, an increase of 84.8% year-on-year, accounting for 60.6% of the company's total revenue. Haitong Securities pointed out that with the continuous promotion of the company's AIGS global strategy, coupled with the stacking big model and Prophesizer AI platform.
Fourth Paradigm (06682) receives a 'buy' rating from Changjiang Securities: poised to become the SAP of the AI era.
As an AI software company in the new era, Fourth Paradigm has strong advantages in implementation from a customer perspective. With the driving force of the new round of industrial trends in large models, it is expected to keep growing and has received a "buy" rating for the first time.
Let AI work for everyone! Dai Wenyuan: Everyone is in the “fourth paradigm”
Opportunities and challenges coexist
Dai Wenyuan: The fourth paradigm theory makes ideals a reality in one's lifetime, so firmly and deeply cultivate AI
The underlying logic for all the things I've been doing for so many years is the fourth paradigm.
Why did Dai Wenyuan resign from Baidu at the peak of his career: AI should be the driving force for the development of the whole society
He hopes that AI technology can create value not only for one company, but for society as a whole.
“AI God” Dai Wenyuan talks about innovation: using the fourth paradigm theory to enhance enterprise competitiveness and create value for society
I believe AI technology should solve the core problems of enterprises.
Will AI replace humans? Fourth paradigm Dai Wenyuan: Don't worry about AI, but people who use AI
I don't think AI is now a human replacement process
“AI God” Dai Wenyuan talks about hidden concerns about AI evolution: Using technology to cause destruction is the biggest immediate risk
AI is still controllable for a predictable period of time
Fourth paradigm Dai Wenyuan: My world only has self-goals, no noise
Perseverance is the best choice
AI teenager breaks through the game! Dai Wenyuan: Always failing and growing up is my greatest strength
Resume is not equal to experience
“AI God” Dai Wenyuan's message after 00: Don't follow the normal path, be yourself, don't be kitsch!
What you didn't get is actually something outside of your body
The fourth paradigm, Dai Wenyuan: Relying on the data advantage of the Chinese market to become the world's leading AI company
Computing power means that when both parties have the same Transformer algorithm, the stronger the graphics card, the better the performance
Fourth paradigm Dai Wenyuan: Before human rational boundaries are broken, AI has no sense of autonomy
In fact, the performance of AI is ultimately due to goals set by humans
Fourth Paradigm Dai Wenyuan on “Transfer Learning”: Knowledge Transfer Capabilities Accelerate AI Development
Dai Wenyuan, founder and CEO of Fourth Paradigm Company, was a guest at Gelonghui's high-end interview “Dr. Gelong's Living Room”. Referring to the “transfer learning” mentioned in the paper, Dai Wenyuan said that, in layman's terms, transfer learning is a type of knowledge transfer or the ability to transfer knowledge. People actually have a very good transfer learning ability. For example, if some people are good at math, they will find that studying physics is also a little easier, because when studying physics, they can transfer some mathematical abilities. Looking back at 2005, the vast majority of AI had nothing to do with transfer learning. It was like no matter how good you were at studying mathematics, whether you went to physics or started all over again.
“AI God” Dai Wenyuan talks about abandoning Tsinghua and choosing Shanghai Jiaotong University: simply because he likes computer majors
Dai Wenyuan, founder and CEO of Fourth Paradigm Company, recently visited Gelonghui's high-end interview “Dr. Gelong Living Room”. During this period, it was revealed that Dai Wenyuan's study experience was very exciting. In his first year of high school, he had already obtained the qualification to be sent to Tsinghua University and Shanghai Jiaotong University with a silver medal in the National Informatics Olympiad, but in the end, Dai Wenyuan did not choose Tsinghua but the ACM class at Shanghai Jiaotong University. Dai Wenyuan explained, “There's nothing complicated about this choice for me, because Tsinghua doesn't let me choose a major, and Shanghai Jiaotong University can read computers. I've been very determined to study computers since I was very young, so if I went to Tsinghua, I probably wouldn't be able to study computer science
Dialogue with Fourth Model (6682.HK) CEO Dai Wenyuan: The big model the company focuses on has its own advantages and barriers, and there is no need to focus on price wars
Recently, the fourth paradigm, known as the “biggest model in the industry,” issued an announcement on business progress as of March 31, which immediately attracted widespread market attention, and the stock price rose for two consecutive trading days. On the second trading day after the results, the fourth paradigm was an intraday increase of nearly 20%. The announcement shows that in the first three months of this year, the fourth-model “Prophet AI Platform” business achieved strong revenue growth, reaching 50 billion yuan (unit: RMB, same below), with a year-on-year growth rate of 84.8%. The Prophet AI platform business is the company's core business, accounting for 60.6% of total revenue. As of the end of the reporting period,
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