Reaching the age of thirty, my income randomly doubled

Chapter 915 - 685: University of Technology

In November, Tengying Group announced two major events, one of which was the development of the Tengfei AI

Having been established for over eight years, even now, Tengfei Group's annual consolidated financial report is still suffering huge losses.

It is only because Tengde Era and Tengfei New Energy Cars independently calculate finances, and these two companies have already realized profits.

If all were added up, yearly losses would still be hundreds of billions.

Chen Pingsheng, holding sufficient shares in NVIDIA and Microsoft, is in no hurry to obtain profits within two or three years.

He has always aspired to become a global tech giant.

Replacing manpower with Tengfei No.1 intelligent robots is to allow Tengfei Automobile's products to truly establish themselves globally.

Besides, even if he doesn't replace them, those large overseas factories will also use technology to replace manpower in the same way.

He has thirty research centers with an investment of over ten billion globally.

Super factories are innumerable.

In the initial stages, advantages may have been less pronounced, and the group's operational costs may have been huge.

Now things are different; as more and more patented technologies are developed, Tengfei Group has already completely surpassed the previous Tengying Group.

He himself has become one of the influential figures in the technology field, and all of this has also made An'an and Er Piya veritable true heiresses in Magic City.

After finishing the visit here, his acquaintance from the Magic City No.1 specifically held a research conference for Tengfei Group in Magic City.