Breakfast | Elon Musk will release Grok 3, Sohu, Baidu, and iQIYI will announce their earnings reports

Good morning! A beautiful day starts with making money.

Before the market opens today, Sohu, Baidu, and iQIYI will release their earnings.

Musk's "Department of Government Efficiency" turns attention to the SEC

Musk confirms that his xAI will establish an AI game studio

Today, Musk will release Grok 3 and conduct a live demonstration

Previously, Musk claimed that Grok 3 is "the smartest AI on Earth," performing better than all competitors released so far, with the release time set for 8 PM Pacific Time on Monday.

OpenAI may release GPT-4.5 to counter Musk's Grok 3

OpenAI CEO and co-founder Sam Altman stated that for high-demand testers, the experience of trying GPT-4.5 brings a sense of AGI that is much deeper than I expected! This indicates that GPT-4.5 has entered the testing phase and is very close to official release.

Baidu Search gray testing access to DeepSeek, launching at midnight on the 18th

Baidu Search is currently gray testing access to DeepSeek and the Wenxin Yiyan deep search function, with some users already able to experience it. Users can click "AI+" on the Baidu PC homepage to enter AI search, and switch to the DeepSeek R1 model by clicking the "Deep Thinking R1" button below the search box; or enter any search term in the Baidu APP, complete a round of search, and click "AI+" on the search results page to enter AI search, then click below to try "DeepSeek R1" to converse with DeepSeek.

Former OpenAI chief scientist Ilya's new AI company Safe Superintelligence raises funding

The funding amount exceeds $1 billion, with the company valued at $30 billion.

Institutions: Xiaomi YU7's debut is expected to achieve impressive sales, strongly challenging the sales champion Model Y

The Ministry of Industry and Information Technology has released the "Catalog of New Energy Vehicle Models for Vehicle Purchase Tax Reduction and Exemption" (14th batch), which includes Xiaomi YU7. Data shows that the YU7 will offer two different battery capacity versions, 96.3 kWh and 101.7 kWh, with a maximum range of up to 820 kilometers. Institutions believe that looking ahead to 2025, Xiaomi YU7 will strongly challenge the sales champion Model Y. Excellent marketing capabilities combined with strong product power are expected to lead to impressive sales for the debut SUV, with Xiaomi's car sales projected to reach 300,000 units in 2025, a year-on-year increase of 119%.

Xiaomi will launch central air conditioning at the end of February

Targeting Daikin air conditioning. The release of Mijia central air conditioning also means that Xiaomi is entering the pre-installation market.

Global hedge funds rapidly flock to Chinese assets

According to a Goldman Sachs research report, global hedge funds have been significantly buying Chinese stocks for most of this year, with the buying intensity in early February being the strongest in four months. In the past month, global hedge funds have driven the total market value growth in both onshore and offshore markets by over $1.3 trillion. Investment banks such as Morgan Stanley and Deutsche Bank are optimistic about the Chinese stock market, believing that technological breakthroughs like DeepSeek and policy dividends will further drive market growth Goldman Sachs stated that recent developments in AI have changed the narrative of China's technology sector, leading investors to reassess the driving effects of AI on economic growth and economic benefits. Goldman Sachs expects a 19% upside potential for the CSI 300 Index over the next 12 months. During the same period, artificial intelligence is expected to attract a net inflow of $200 billion into the Chinese stock market