Shulou(Shulou.com)11/24 Report--

Thank you CTOnews.com netizen Mr. Aviation for the clue delivery! CTOnews.com May 24 news, Xiaomi today released the first quarter of 2023 earnings report. According to the financial report, the company's total revenue in the first quarter reached 59.5 billion yuan, down 18.9% from the same period in 2022; adjusted net profit was 3.2 billion yuan, up 13.1% from the same period in 2022. Including intelligent electric vehicles and other innovative business expenses of 1.1 billion yuan.

CTOnews.com noted that Xiaomi Group disclosed in its financial report that it formally established a large model team of AI laboratory in April, with more than 1200 relevant personnel in AI field at present; it will continuously explore AI-related user scenarios, give full play to its technical advantages, and open up more opportunities with partners with an open attitude.

According to the paper, Xiaomi President Lu Weibing said in an interview that he would actively embrace large models, but would not do general large models like OpenAI, but would deeply integrate with business to improve internal efficiency using AI technology in a conference call after Xiaomi's earnings release. In April this year, Xiaomi officially formed a large model team of AI laboratory. At present, Xiaomi AI field related research and development personnel more than 1200 people.

In addition, Lu Weibing also revealed that Xiaomi car business will be carried out according to the original plan, in the time schedule will meet or slightly exceed expectations. This year Xiaomi will also carry out winter and summer tests as planned.

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