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Top related persons:
SenseTime - 1 Makoto Uchida - 1 Elon Musk - 1
Top related locs:
China Beijing Hong Kong
Top related orgs:
China International Exhibition Center - 2 China Content Broadcasting Network - 1 SenseTime - 1 Hong - 1 Nissan - 1 Automotive - 1 Ford Motor - 1 General Motors - 1

Search resuls for: "China International Exhibition Center"


4 mentions found


☆ SenseTime shares soar more than 30% after announcing its latest generative AI model
  + stars: | 2024-04-24 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: 1 min
A logo of SenseTime is seen during 2021 China Content Broadcasting Network Exhibition at China International Exhibition Center on May 29, 2021 in Beijing, China. Shares of SenseTime Group surged more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model, called SenseNova 5.0. The company's shares traded as high as 82 Hong Kong cents a share, or 34.42% higher than its previous close of 61 cents. SenseTime said in a release that the major advancement in SenseNova 5.0 focuses on knowledge, mathematics, reasoning, and coding capabilities.
Persons: SenseTime Organizations: China Content Broadcasting Network, China International Exhibition Center, SenseTime, Hong Locations: China, Beijing, Hong Kong
☆ Nissan targets 1 million extra vehicle sales in next 3 years, aims to cut EV costs
  + stars: | 2024-03-25 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
A Nissan Ariya electric car is on display during 2020 Beijing International Automotive Exhibition (Auto China 2020) at China International Exhibition Center on September 27, 2020 in Beijing, China. Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday. In a new medium-term business plan, Nissan also said it would launch 30 new models by fiscal year 2026, with 16 of these electrified. "Faced with extreme market volatility, Nissan is taking decisive actions guided by the new plan to ensure sustainable growth and profitability." The country boasts the world's largest and most crowded EV market and its automakers are exerting significant downward pressure on prices.
Persons: Makoto Uchida, Elon Musk Organizations: Nissan, Automotive, China International Exhibition Center, Ford Motor, General Motors, Mercedes, Benz, Volkswagen Locations: China, Beijing
☆ Some electric vehicles from BMW, Nissan, Hyundai and Volkswagen will no longer get federal tax credits
  + stars: | 2023-04-18 | by ( Emma Newburger | ) www.cnbc.com   time to read: +4 min
Brown | AFP | Getty ImagesFewer electric vehicles now qualify for federal tax credits after the Biden administration this week unveiled stricter rules for battery sources that will prioritize domestically manufactured models. The new list published by the Treasury Department includes 16 U.S. manufactured models from Ford , General Motors , Tesla and Stellantis . Ten of the models on the new list will qualify for the full $7,500 tax credit, with the rest qualifying for half that amount. Vehicles losing credits include those from BMW, Hyundai, Nissan, Rivian , Volkswagen and Volvo Cars. The bill set various manufacturing requirements for new all-electric and plug-in hybrid vehicles to qualify for the $7,500 tax credit.
☆ Chinese A.I. stocks jump on growing ChatGPT interest, state media warns of risks
  + stars: | 2023-02-09 | by ( Jihye Lee | ) www.cnbc.com   time to read: +1 min
Visitors walk past a stand with AI (artificial intelligence) security cameras using facial recognition technology at the 14th China International Exhibition on Public Safety and Security at the China International Exhibition Center in Beijing in 2018. With growing interest surrounding OpenAI's ChatGPT, stocks related to artificial intelligence listed in mainland China have soared this year – with one company having tripled in valuation since January. Alibaba told CNBC it's working on a rival product similar to ChatGPT, while Baidu announced earlier this week it will launch "Ernie bot," its own artificial intelligence chatbot. Hanwang Technology is up 124% and CloudWalk Technology Company rose 105% as of Wednesday's trading session. "Please pay attention to investors, avoid capital risks, hype, make rational decisions, and invest prudently," it said in a Tuesday filing.
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