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Chapter 313 Cooperation with Warwick, Agreement Reached
Chapter 313 Cooperation with Warwick, Agreement Reached
Short selling is actually not easy. Even if retail investors know about the circuit breaker and want to short sell, they will probably lose everything.
This is why Chen Jingyuan needs a team to manage the operations.
Of course, he was not the main short seller; the real main sellers were some hedge funds on Wall Street.
Chen Jingyuan was at most just drinking some soup and broth.
That's good, at least it won't attract too much attention.
More than 4 million US dollars is not a small amount for Chen Jingyuan.
This immediately made Chen Jingyuan's cash flow much more abundant!
Generally speaking, Chen Jingyuan doesn't keep too much cash flow unless there's something important going on.
He invested most of his money in the stock market, and a portion of it was used to buy gold.
Gold prices are not high right now, so buying some won't be a loss.
Chen Jingyuan's main strategy is diversified investment. He now has a lot of funds and there is no need for him to gamble on any particular stock.
Even though he knew the stock would rise, he still hadn't forgotten to consider the butterfly effect.
After his rebirth, he never put all his eggs in one basket.
For example, they previously invested in Bitcoin and then in Nvidia.
Theoretically, investing in BitTorrent would have yielded higher returns at that time, while Nvidia was significantly less profitable.
The initial investment of ten million US dollars in Nvidia has only increased tenfold.
After dealing with the revenue aspect, Chen Jingyuan went to the artificial intelligence company.
"The company has now expanded to 800 employees."
"However, we conduct regular assessments to prevent unqualified individuals from being hired in vain."
"Most people have returned to work, while a small number are still restricted from working online."
Lin Siyan reported the company's current situation to Chen Jingyuan.
There have also been advancements in AI, with significant breakthroughs in various aspects.
It is expected that a medium-to-large-scale AI model will be established by August next year.
Of course, this is only the initial setup, and further training in various aspects is still needed.
But that's enough. Then Chen Jingyuan will be able to persuade Little Ma to invest more money.
And penguins will pay more attention to it and promote it vigorously!
"Continue to hire and improve compensation."
"There's no need to worry about funding!"
Chen Jingyuan spoke slowly, revealing that he truly trusted Lin Siyan.
"We still have enough money for now."
"There are quite a few problems with AI chips!"
Lin Siyan looked somewhat embarrassed as she spoke.
Chips are indeed not an area that Penguin is involved in.
"Then let's cooperate with Warwick!"
"I'll contact them!"
Chen Jingyuan thought for a moment and then spoke up.
If he remembers correctly, Warwick established a related laboratory as early as 12.
However, the full-scenario AI strategy was launched in 2018, and it wasn't upgraded until three years later.
If we cooperate with Warwick, will we be able to get them to invest more resources?
Chen Jingyuan was a man of action, and he quickly contacted his senior, Meng Wanzhou.
"Junior, I'm going to Shanghai in a couple of days."
"We'll discuss it in detail then!"
Meng Wanzhou is quite interested in the collaboration, mainly because there aren't many companies currently able to enter the field of artificial intelligence.
There are very few peers with whom we can exchange ideas, so since Tencent has this idea, it certainly won't refuse.
Perhaps a discussion between the two sides could lead to further progress.
Especially since Warwick was officially sanctioned last year, things have been quite difficult, to be honest.
Research in artificial intelligence cannot be supported by a large amount of funding.
This collaboration is crucial!
It must be said that Chen Jingyuan chose a pretty good time.
"Okay, I'll wait at home for my senior to arrive."
Chen Jingyuan spoke up without hesitation!
In these special times, staying at home is better than staying in a hotel.
"OK!"
Meng Wanzhou naturally understood this principle!
Two days later!
Chen Jingyuan officially met Meng Wanzhou at the waterfront mansion.
Both of them are from extraordinary backgrounds, and they rarely see each other.
In particular, since Chen Jingyuan rarely participates in chambers of commerce or similar events, there is even less opportunity to meet him.
However, because of the previous reminder, the two naturally became friends.
"Junior, it's been a while since we last met."
Upon arriving at the waterfront mansion, Meng Wanzhou couldn't help but exclaim in admiration.
Actually, quite a few people want to get to know Chen Jingyuan, but unfortunately, Chen Jingyuan doesn't seem like a young person at all.
If someone that young and wealthy had that much money, they would definitely be quite flamboyant.
As a result, Chen Jingyuan lived a secluded life, and if it weren't for his considerable fame, many people might not have known him.
"Senior, it's because I haven't been back to Shenzhen enough."
"Otherwise, we might bump into each other a couple more times."
Chen Jingyuan said with a touch of humor.
Even though we're both in Shenzhen, it's not that easy to bump into someone there.
In particular, the distance between the headquarters of Tencent and Warwick is about 20 kilometers, which takes an hour by car.
Even if I'm just wandering around aimlessly, I wouldn't go that far!
The two then had a conversation about AI (Artificial Intelligence).
Both Chen Jingyuan and Meng Wanzhou are managers, not researchers.
However, both of them have a considerable understanding of AI (Artificial Intelligence).
Clearly, they have all studied in depth!
However, it's understandable; without learning, how would one know about the research?
Meng Wanzhou was quite surprised by the progress of the penguin research, seemingly not expecting the penguins to determine their direction so quickly and invest so heavily.
She guessed it was because of Chen Jingyuan!
After all, Chen Jingyuan clearly had the courage to do so, and she had also heard that he owned shares in the company.
The decision that the newly established company dared to invest money could only have been made by Chen Jingyuan.
As the two talked more and more, their desire to collaborate grew stronger.
We plan to send our technical teams to exchange ideas and see how things go first.
As for how to cooperate in the future, that's up to the technical team.
After all, neither of them were researchers, so they were somewhat lacking in expertise. After discussing the collaboration, the two had a simple meal together.
It's inevitable that other topics will come up at the dinner table.
For example, Meng Wanzhou mentioned that her half-sister wanted to enter the entertainment industry.
Unlike the Chen family, when Chen Keke debuted a few years ago, Chen Jingyuan was not a top-tier tycoon.
This second princess of Huawei was born with a silver spoon in her mouth, so it's really a bit unreasonable for her to debut in the entertainment industry.
Even if he doesn't have the right to inherit Warwick, he will certainly have plenty of other assets, cash, houses, etc.
"Actually, it would be good to gain some experience in the entertainment industry!"
Chen Jingyuan spoke slowly.
He knew that the second princess had eventually made her debut, so he decided to go with the flow.
Anyway, there are quite a few rich second-generation kids in the Chinese entertainment industry, but the Second Princess is a top-tier one.
Although the second princess's acting skills were later ridiculed, she did indeed have a lot of inherent popularity.
It has at least attracted a lot of curious netizens!
Subsequently, his reputation improved considerably thanks to his dedicated work in filming and honing his acting skills.
Overall, it's acceptable, and there's no need to impose restrictions.
What I fear most is a rich kid who's full of ambition and thinks, "Go ahead and try to get into the entertainment industry."
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