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MinerU has completed computational power adaptation for more than 10 domestic AI chips.
Gelonghui February 12 | Currently, the OpenDataLab team and DeepLink team of the Shanghai Artificial Intelligence Laboratory, in collaboration with domestic chip manufacturers, have completed the adaptation for more than ten mainstream domestic computing powers, including Ascend, Pingtouge, Muxi, Hygon, Suiyuan, Moore Threads, Tianzhizhipu, Cambrian, Kunlunxin, Taichuyuanqi, and Biren. MinerU is an AI document parsing tool developed by the Shanghai Artificial Intelligence Laboratory. Relying on its self-developed VLM model, MinerU achieves an accuracy rate of up to 99% in capturing elements from PDFs and complex webpages. This move aims to implement a full-stack optimization strategy through software-hardware synergy.
NDRC: Accelerate the promotion and application of AI in the bidding and tendering sector.
The National Development and Reform Commission (NDRC) and other departments issued the 'Implementation Opinions on Accelerating the Promotion and Application of Artificial Intelligence (AI) in the Field of Bidding and Tendering.' The document proposes that, focusing on the entire process of bidding and tendering transactions and key management areas, AI should be actively and steadily promoted in the field of bidding and tendering to improve its operational models. This effort aims to enhance the digital and intelligent levels of services and supervision, providing robust support for ensuring fair and efficient allocation of public resources and regulating the order of the bidding and tendering market. The opinions also propose that by the end of 2026, key application scenarios such as bid document testing, intelligent auxiliary bid evaluation, and collusion detection will achieve full coverage in some provinces and cities; by the end of 2027, more key scenarios will be implemented across all regions.
The Hang Seng Index closed up 155 points, with strong gains in AI-related stocks and a rise in pharmaceutical shares.
U.S. technology stocks continued their rebound, with the Nasdaq rising 0.9% overnight (September 9). The Hong Kong stock market rose today. The Hang Seng Index opened 175 points higher, and its gains expanded to 370 points, briefly reaching a high of 27,397 points. It closed up 155 points or 0.6% at 27,183 points. The China Enterprises Index rose 74 points or 0.9% to close at 9,242 points, while the Hang Seng Tech Index gained 33 points or 0.6% to close at 5,451 points. The total turnover for the day amounted to HKD 234.04 billion. Among tech stocks, Tencent (00700.HK) and Meituan (03690.HK) fell by 1.6% and 2.5%, respectively, while Kuaishou (01024.HK) and JD.com...
Goldman Sachs has assigned a 'Buy' rating to Biren Technology and Muxi Shares, expecting growth to be driven by increased spending from Chinese cloud vendors.
Gelonghui, February 10 | Goldman Sachs has initiated coverage of Biren Technology and Muxi Shares with a 'Buy' rating, stating that rising capital expenditures in China's cloud computing sector and the expansion of advanced process capacity are expected to drive their business growth. Goldman Sachs forecasts that Biren Technology’s AI training/inference GPU business will achieve a compound annual growth rate (CAGR) of 101% between 2025 and 2030, with shipments of AI chips projected to increase from 30,000 units in 2025 to 900,000 units in 2030. The AI training and inference GPU business of Muxi Shares is also expected to achieve a CAGR of 88% during the same period. The 12-month target price for Biren Technology has been set at HKD 54, while for Muxi Shares it is set at
HK Stock Concept Tracker | Large models to seek more breakthroughs by 2026, institutions optimistic about commercial implementation (with concept stocks)
The Next Stop for Domestic AI: Under the High Walls of the Ecosystem, Chips and Models 'Head Toward Each Other'.
Express News | The 'Top 100 List of Brand Values of Specialized and Innovative Enterprises in Shanghai 2025' was released, featuring companies such as Muxi Co., Ltd., TianShu ZhiXin, and BiReng Technology.