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News
LG CNS Receives Appreciation Award from Indonesia's Tax Authority; Expands into AI-Driven Tax Administration Upgrades — BigGo Finance
9+ hour, 20+ min ago (472+ words) LG CNS, the IT services arm of South Korea's LG Group, has received an appreciation award from Indonesia's Directorate General of Taxes in recognition of its work building and stabilizing Coretax, the country's next-generation tax administration system. Coretax integrates previously…...
ByteDance Launches Doubao Phone Assistant Consumer Edition; First AI Agent Smartphone Goes on Sale Sept. 16 — BigGo Finance
9+ hour, 27+ min ago (250+ words) Doubao Phone Assistant is built on system-level collaboration between the Doubao app and phone manufacturers. Users can wake the assistant via voice commands or by pressing a dedicated AI button with fingerprint authentication. The AI button design merges three actions…...
China's fund distribution landscape shifts: Third-party platforms overtake banks in non-money-market fund holdings for the first time, Ant Fund tops 2 trillion yuan — BigGo Finance
9+ hour, 45+ min ago (108+ words) Third-party channels take the top spot for the first time In sub-categories, third-party channels also demonstrated an all-fronts offensive. Their equity fund holdings grew 27.37% year-on-year, actively managed equity holdings grew 27.3%, and bond and other fund holdings grew 27.92% — all ranking first…...
Nvidia's Revenue 44% Concentrated in 3 Customers… Dell Posts Record $60.9B Quarterly AI Server Orders — BigGo Finance
10+ hour, 39+ min ago (602+ words) As concerns mount over Nvidia's revenue being excessively concentrated among a handful of customers, Dell Technologies (DELL)—one of its largest indirect customers—posted quarterly AI server orders exceeding its own total revenue, reaffirming robust demand. Including trade receivables, the…...
Chinese AI Firm Z.ai Raises $5 Billion Amid 73% Stock Plunge From Peak — BigGo Finance
15+ hour, 21+ min ago (274+ words) Z.ai plans to allocate approximately 60% of the net proceeds to R&D for next-generation models and a fully self-trained system. Another 15% will go toward business expansion, with the remainder used for capital structure improvement and working capital. This latest fundraising…...
Bund Summit Reflects AI Divergence: Agents Accelerate into Daily Life, While Large Models Remain Stuck on Long-Tail Knowledge — BigGo Finance
11+ hour, 10+ min ago (695+ words) Wang Jian had missed his scheduled morning keynote at the main forum. In the afternoon, he simply moved his speech to an open-air plaza near the Bund Summit entrance. With no enclosed venue, the crowd grew larger and larger; those…...
LG Unveils AI for Quality Inspection and Autonomous Experimentation Without Retraining, Targeting Industry with 'Expert AI' — BigGo Finance
11+ hour, 15+ min ago (467+ words) LG AI Research has unveiled its full lineup of "Expert AI" designed to solve difficult problems in manufacturing, science, and finance. The strategy is to move beyond general-purpose AI and boost business competitiveness with agentic AI that can independently predict,…...
Free Release of AI Technology Accelerates, Corporate "Playing Field" Strategy and Japan's Challenges — BigGo Finance
14+ hour, 36+ min ago (620+ words) At first glance, free release appears to be an act of giving away proprietary technology. But an official at the "Agentic AI Foundation," a nonprofit aiming to standardize AI agent technology, points out that there is a shrewd corporate strategy…...
Ken, ex-Meta: A $13K/Month Game Built on Reddit Posts and AI Code — BigGo Finance
22+ hour, 48+ min ago (1096+ words) The lesson here isn't about gaming. It's about the economics of niche audiences and the tools that make a one-person company viable. Ken didn't scale a massive user base; he found a few hundred people who cared about a specific…...
Nvidia and Broadcom Battle for AI Data Center Dominance as Spending Supercycle Accelerates — BigGo Finance
19+ hour, 48+ min ago (563+ words) Broadcom has carved out a different but equally ambitious position. Custom accelerators, known as XPUs, are the primary growth engine. In the last quarter, XPU shipments accounted for 73% of the company's $16.7 billion in AI semiconductor sales. Infrastructure software, bolstered by…...