Chapter 934 - 697: Reactions and Daily Life
Chapter 934 - 697: Reactions and Daily Life
The release of the Tengfei AI Phone still garnered considerable reaction in the market.
The smartphone boom that began in 2010 came to an end with Luo Pangzi's Tsmartphone, marking the decline of the smartphone trend.
Entering the smartphone industry later saw almost no success.
Any major capital also hesitated to step into this industry.
Mainly because the domestic market had already been divided, and the foreign market was well-established, making it much harder to break into the industry compared to the Xiaomi era in 2010.
The Tengfei AI Phone will undoubtedly seek an independent IPO route in the future, but currently, it's 100% owned by Chen Pingsheng.
This project was launched to recover some losses for Tengfei AI.
Otherwise, with years of continuous investment, relying solely on those robots from the super factory wouldn't even recover 1/10 of the costs.
Not to mention, he had invested 25 billion US Dollars in it upfront.
In September, he donated another hundreds of billions to Magic City, but this time he directed it toward Tengfei Future Science and Technology University.
For the next ten years, he will donate hundreds of billions annually to Tengfei Future Science and Technology University.
This is to support the fundamental technological infrastructure of the entire Tengfei Group and further refine its talent cultivation and models.
Tengfei Future Science and Technology University, with an investment of over tens of billions, can accommodate more than 50,000 students on campus.
It is absolutely the most luxurious private tech university in China in terms of scale and hardware facilities, without question.
It is currently undergoing the approval process, preparing to enroll outstanding students from major universities.
One cannot deny that his investments in the field of technology are becoming increasingly substantial.
The previous investment of hundreds of billions of US Dollars in employee housing is also gradually recovering costs.
Given the reputation of the Tengfei Group, recruiting students is not much of a problem.
The excellent students of the Tech University will be given priority for recruitment into the Tengfei Group in the future.
The salary and benefits of the Tengfei Group have always been among the top in the country.
However, the primary recruitment focus is still on re
The first stop is the Qiuming Mountain Center in Guangzhou.
Tengfei AI has a total of eighteen research centers worldwide, each with investments of over hundreds of billions.
Among them, the Qiuming Mountain Center in Guangzhou is one of the larger ones, with an investment of over 18 billion.
It covers an area of around 790 acres, internally connected by a small train to numerous research buildings.
It houses more than 12,000 Tengfei AI research engineers.
The Qiuming Mountain Research Center is primarily serving the Tengfei AI Phone.
The goal is to develop a more efficient and humanized AI Phone project.
Besides this research center in Guangzhou, there are also centers in Magic City, Capital City, and Xi'an dedicated to serving smartphones.
The most important research project is the Tengfei AI system.
This project has been under development for over five years, and a basic version has already been produced.
However, it cannot yet compare to the Android system developed over many years, let alone Apple.
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