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Friday

  1. TMTPost · AGI

    San Francisco AI venture capital data packaging: buying GitHub stars for 6 cents, annualizing two-week orders into full-year ARR

    TMTPost AGI sorts through the data packaging tactics in the San Francisco AI venture capital circle, including multiplying a $3 million order from two weeks by 26 to claim externally about $80 million in ARR, startups mutually signing $5 million letters of intent, and buying GitHub stars at 6 cents each. The article also mentions that such practices likewise exist in the circles of large model labs and computing power centers, and cites industry insiders saying that the previous company that inflated $220 million in revenue by swapping invoices has already gone bankrupt.

    TMTPost AGI sorts through the data packaging tactics in the San Francisco AI venture capital circle, including multiplying a $3 million order from two weeks by 26 to claim externally about $80 million in ARR, startups mutually signing $5 million letters of intent, and buying GitHub stars at 6 cents each. The article also mentions that such practices likewise exist in the circles of large model labs and computing power centers, and cites industry insiders saying that the previous company that inf

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Wednesday

Tuesday

  1. 36Kr · AI

    iFlytek's non-recurring net loss in the first three quarters was 763 million yuan, with its book profit turned positive by subsidies and equity gains

    In the first three quarters, iFlytek's revenue was 18.187 billion yuan, and net profit attributable to shareholders was 21.8872 million yuan, but non-recurring net profit showed a loss of 763 million yuan, more than double the 338 million yuan loss in the same period last year. The book turnaround to positive was mainly due to 471 million yuan in government subsidies, 370 million yuan in equity appreciation of invested companies, and 84 million yuan in asset disposal income, totaling about 785 million yuan. The company's R&D expenses in the first three quarters were 3.850 billion yuan, accounting for more than 21% of revenue, and it attributed the widened non-recurring loss to continued investment in the self-controlled large model route; in public domestic large model tenders in the third quarter, iFlytek ranked first in both the number and amount of bids won.

    In the first three quarters, iFlytek's revenue was 18.187 billion yuan, and net profit attributable to shareholders was 21.8872 million yuan, but non-recurring net profit showed a loss of 763 million yuan, more than double the 338 million yuan loss in the same period last year. The book turnaround to positive was mainly due to 471 million yuan in government subsidies, 370 million yuan in equity appreciation of invested companies, and 84 million yuan in asset disposal income, totaling about 785 m

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