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 search engine.

Becoming a competitor to Baidu.

The other was the development of Little Teng Online, which includes voice intelligent chat, search, Q&A, and a series of basic public service projects.

All of these projects are based on AI algorithms, which also marks the dawn of a new era for Tengfei AI.

Although profitability is still a distant goal, it is evident that it can already serve the general public through existing AI development technology.

On November 4th, Chen Pingsheng accompanied Magic City No.1 to visit the Tengfei AI industrial technology new district, which has seen investments exceeding 30 billion.

To use a brand name to directly define a technology district.

This demonstrates the powerful influence of the brand that Tengfei AI invests over 40 billion annually in R&D; it’s definitely no joke.

The technological content inside is incomparable to those traditional industries.

Anyone who understands AI knows that everything is based on chips, including computing power.

The Tengfei AI model can now completely replace past painting, traditional writing, and intelligent search engines.

The reason why Tengfei phones have not yet been released is that the integrated Tengfei AI system is not yet fully developed. frёewebnoѵel.ƈo๓

It is expected to be launched in the latter half of 2025.

But apart from developing a series of internet AI intelligent software, they have also developed a home intelligent assistant, Little Teng Online.

Additionally, there are two types of intelligent robots, one being the home hygiene robot.

Mainly responsible for cleaning, and another that replaces the existing assembly line production, Little Teng No.1.

Little Teng No.1 has been under development for over three years now, and it is expected to be released in the first half of 2025 and officially achieve mass production.

Little Teng No.1 is completely developed based on Tengfei’s existing super factories. Even after Chen Pingsheng saw this robot, he could not help but wonder that the most ruthless era for workers is truly coming.

Little Teng No.1 will fully replace over eighty percent of ordinary assembly line workers in the super factory, which means that Tengfei Group will have to lay off at least ten thousand employees in 2025.

Once Little Teng No.1 becomes stable and achieves factory automation, it is expected that nearly one hundred thousand employees will be laid off before 2027.

Most of the assembly line work will be assigned to intelligent robots.

And the development costs for such a robot are frighteningly high.

The production cost for a single Tengfei No.1 robot is only between fifty to eighty thousand.

Based on current labor costs, the expenses can be recovered within four months of work.

Subsequent periods are essentially free labor.

This will undoubtedly save a company’s production costs tremendously.

It also means there is further space for cost reduction in Tengfei New Energy Cars.

And this space is significant.

Even more exaggeratedly, the Longteng S700 might be sold for over two hundred thousand in the future, with huge profit margins.

This is a shock to all competitors.

If he truly sells the pure electric model Longteng S700 with a solid-state battery at the price level of two hundred thousand, aside from Tesla, other models would struggle to compete at this price point.

This is what happens when self-developed technology blooms; it is a huge blow to those small enterprises and manufacturing industries lacking technological content.

The most crucial point is that there are not too many restrictions in this industry.

Unlike Alibaba selling groceries or celebrities live-streaming sales, it won’t be despised by outsiders.

Nor would it be directly halted from above.

Once self-developed technology blooms, its disruptive power is absolutely beyond imagination.

Without a doubt, Tengfei AI, including Tengfei Battery, Tengfei New Energy Cars, and the Tengfei AI Smartphone, which has invested over 160 billion and is confirmed to be released in the latter half of 2025, are already racing down this path.

According to statistics, Tengfei Group, including battery, automobile, AI, smartphones, etc., has spent at least 500 billion on R&D in the past five years.

Future annual expenses will still require at least 120 billion for R&D, which has resulted in the incredibly strong current Tengfei Group.

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.