Chapter 705 Big Action


October 18th.

Chen Anan and three girls put a big screen in the university dormitory and watched the release of Tengfei AI phone with more than one million netizens.

Before the press conference, three months of intensive publicity were carried out across the network.

Now it is just a formal promotion.

At the same time as the promotion and promotion, there are tens of thousands of Tengfei AI offline physical sales stores that have been opened with an investment of more than 10 billion yuan.

In addition to mobile phones, these stores also include cars, tablets, and a series of small smart homes.

Those are just a combination.

There is no doubt that Tengfei AI has officially entered the field of smart home, including mobile phones.

And on the afternoon of October 18, 2025.

Chen Pingsheng also officially announced through Tengfei AI Group that he will invest more than US$25 billion in the AI ​​field in the next five years.

Comprehensively help domestic companies, including their own companies, win the future AI battle.

AI is not just the simplest web Q&A and search, it will penetrate into all aspects of various industries.

No one knows who will be eliminated by AI, but there is no doubt that AI is also the key to industrial upgrading and winning the future technology war.

After the domestic real estate industry is in a slump, if it wants to re-booskeleton economy, it is necessary to complete industrial upgrading.

The simplest thing is that although the domestic industrial chain is complete, most of them belong to mid- and low-end OEM.

High-end instruments, including precision machining and patented technology.

It can be said that most of them are in the hands of overseas technology giants.

It's like a mobile phone. Every time a domestic brand sells, it will pay most of the profits to Google, Samsung or Qualcomm.

This is the absolute advantage of mastering technology. The patent fee in just one year is beyond imagination.

The country is developing in this area in an intensive manner, in order to break the blockade and keep the profits of most of the technology products in its own hands.

Chen Pingsheng personally spent 25 billion US dollars to invest in the AI ​​field again, which can be said to be a unique decision.

It is also the most invested in the AI ​​field among domestic private enterprises, no one of them.

25 billion US dollars look a lot, but in fact, it only cashes out 1% of Google's shares.

As for the newly built mobile phone super factory, it includes the future Tengfei New Energy Vehicle Super Factory.

Most of them use Tengfei AI robots instead of basic artificial intelligence.

A small number of them are still technical workers.

The ratio of robots and technical workers in a super factory reaches 5:5.

It's half and half.

To some extent, this will greatly reduce labor costs, so that his own Tengfei cars and Tengfei AI mobile phones will have sufficient global cost advantages.

This is also something that can’t be done about it. Once the cost advantage is gone, there is still a certain gap between his patents including the technology content and those of the world’s top technology giants.

Only by establishing a foothold in the world can you talk about transcendence later.

Whether it is Tengfei AI, the early Tengde era and Tengfei New Energy, it can be said that it was successful only with the money spent by big capital.

There is nothing to make a big fortune with small things. Everything is based on large inputs and large outputs.

This is the main reason why it is difficult for ordinary private enterprises to enter the field of technology.

The funds it needs are not something that ordinary people can imagine.

Even capital is unwilling to spend money on such small businesses unless you have achieved a certain reputation.

Chen Pingsheng took out 25 billion US dollars, which caused a stir in the entire domestic AI industry.

It is said that AI is hot, and domestic search giants, Du Niang, started to do it.

As a result, there has been always investment without output. After a few years, the boss and the boss lady saw that this was not good, so he cut off most of them.

Nine people followed suit, as if for a while, the global technology giants, including big capital, were saying that the future belongs to the AI ​​era.

But what is AI really?

No one can explain clearly, no one can explain exactly how it will make a profit. Even Apple, which was originally planned to build a car, gave up after researching for a few years.

Will Apple lack money?

Which profit can be compared with over 100 billion US dollars per year?

The most important thing is that it puts forward a sentence to give up building cars, and it says that the end of building cars is still AI.

Since that's the case, what other cars does it build? Let's just develop AI.

The founder of another giant, Facebook, also announced that he would spend $60 billion to $65 billion to enter the AI ​​industry.

There is also a leader in Nvidia.

It can be said that the popularity of this industry is no longer comparable to new energy vehicles, including mobile phones.

The investment amount that everyone announces is as high as tens of billions of dollars.

This made the capital cry when he saw it.

So far, countless giant groups in China have made efforts in AI.

No mistakes, one poem, one post, one content, one in 6, one book, one bar, one read!

But Chen Pingsheng is the only one who dares to announce that he will spend 25 billion US dollars to invest in this industry within five years.

With the investment in the past three years, he has really invested more than 350 billion in the field of AI.

If he still can't achieve results, he has no choice.

Anyway, the large amount of uncensored shares left in his hands now is only 1.5% of Nvidia left.

According to the current market value of Nvidia, the valuation is approximately US$45 billion.

Converted into RMB, it will be more than 300 billion.

There is also 2% of Douyin, which is worth about 10 billion US dollars based on its current market value.

He is also planning to sell the shares to Tengyou Media.

As for the shares of Tengde Times and Tengfei New Energy in my hands, I will not be prepared to touch it in the next few years.

There is no need to move.

He doesn't have much money to spend except investing in AI, and he has spent almost all of his money.

Whether it is a super cruise ship with an investment of over 40 billion yuan, a seven-star two-mountain hotel, or a Tengfei Future University of Science and Technology with a fund of over 100 billion yuan.

He has paid for all these.

The same is true for Tengfei AI mobile phones, which have independently invested 160 billion yuan. Looking left and right, there is no place to spend a lot of money at home.

No matter how much Erdu Ya spends money, she can only spend billions of profits a year.

It will not affect the family at all.

The AI ​​battle will not be a short-term battle, but a long-term battle spanning five years, ten years, or even twenty or thirty years.

25 billion US dollars, that is just to prevent Tengfei AI from falling behind in the AI ​​war in the next five years.

To really win, you need to invest at least US$25 billion. In addition, the entire group will work together.

The key to this battle is that if he wins, he may even be able to fight.

Whether it is Tengfei new energy vehicles or Tengfei AI mobile phones, it will be unstoppable around the world.

Because these are all based on certain AI technologies for product upgrades.

This is also the main reason why he has to keep spending money in this field.

It can be roughly described as if you don’t advance or retreat.

Eily move forward, or just steadily retreat like the former Duma.

There is no other way.

The most taboo thing when investing in the technology industry is hesitation and indecision.

(This chapter ends)

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