Chapter 893: Chapter 672: Super Fast Speed
No choice.
Chen Pingsheng’s financial portfolio is imnse, often exceeding hundreds of billions. The options for stocks worth holding long-term are extrely limited.
Moreover, he’s also involved in AI, naturally making him well aware of the industry’s future potential.
It’s fair to say, the first company in the world to surpass five trillion USD will undoubtedly be tied to AI.
A company valued at over ten trillion will surely dominate the forefront of the AI field.
There are only a few players who can truly succeed in AI, so his choices make perfect sense.
Apple is at its peak; he’s already invested in NVIDIA and Google. Microsoft is in a downturn phase—choosing it is obvious even with closed eyes.
Chang Fu, knowing he had cashed out another two hundred billion, imdiately ca to him.
He wanted to ask about the direction of the funds, essentially looking for investnt advice.
Chen Pingsheng simply told him that he had invested it all into Microsoft and allotted another thirty billion into the AI field.
Unless sothing unexpected happens, he plans to invest between thirty to fifty billion annually into Tengfei AI for the foreseeable future.
Upon hearing this figure, Chang Fu was utterly stunned.
Investing thirty to fifty billion every year without a clear profit model and no guarantee of profitability—
Who else would dare to do this?
This is a massive gamble on securing a future spot as a tech giant.
And he has the money to take such a risk.
“Old Chen, are you so sure AI can make money?”
“That AI can generate profit is unquestionable. But whether I can make money from AI is a different matter altogether.”
“If it’s uncertain, does it make sense to invest so much every year?”
“Of course, it does.”
Chen Pingsheng said, “Look, we already started much later than others, so hesitating now would make winning impossible. By the way, why did you co to see again?”
He still didn’t want to discuss AI too much with Chang Fu—there was no point in doing so.
Making small profits in AI is relatively easy, but achieving major profits and becoming one of the world’s top AI giants—
That’s truly difficult.
“I ca to ask about your investnts, but now that you’ve poured everything into Microsoft, are you sure it’ll continue to rise?”
“Who can be sure about that? I an, aren’t you just entirely focused on stock trading?”
“What else can I do now? Just dabble in small investnts and play around with stocks.”
Chen Pingsheng couldn’t chat with him much; he was still planning to launch several new AI-driven application technologies later this year.
These include AI chat systems, sketching, animations, AI body diagnostic robots, and more.
In the future, the applications of these technologies could be incredibly widespread. Say what you will—AI truly has the potential to transform futuristic tech into tangible reality soday.
It’s only a matter of ti.
With the amount of money he has right now, if he doesn’t direct it into this sector, it will instantly crush a massive number of small dostic startups.
That would be pointless.
Not long after, Zhang Wanyi arrived with the senior managent team from Teng You dia.
This visit was to negotiate further collaboration on AI-powered digital humans for live streaming.
They even hoped that the Tengfei AI Technology Team could set up a dedicated AI-driven short-video tech team for Teng You dia.
The purpose was to simulate and analyze the best live-streaming sales models while cultivating future internet celebrities based on AI fraworks.
They were even aiming to restructure their own AI influencer cultivation model.
These requests weren’t troubleso—Tengfei AI had already established countless specialized divisions.
These included teams for autonomous driving models, cloud computing, AI systems, AI robot technologies, and more.
Creating a new short-video-focused tech group for Teng You dia was not a big deal.
To develop AI further, constant investnt in sector data and fundantal models is inherently required.
And Teng You dia already possessed these resources.
Chen Pingsheng’s first-phase plan was naturally to use the existing AI technology team to elevate his own enterprises to new heights.
It was one of the quickest ways to generate cash flow.
Take the wildly popular TikTok as an example—their computational architecture, recomndation algorithms, and smart distribution models are all powered by AI capabilities.
Clearly, the advantages of such technology are imnse.
Over the next three years, he plans to invest between 120 billion and 150 billion into Tengfei AI.
After three years, he is determined to develop his own AI system and make a decisive move into the current smartphone market.
A robust market is essential to sustain continuous investnt in research.
The smartphone market is obviously large enough, and renewable energy isn’t bad either.
If he manages to penetrate the smartphone market, he can gradually achieve integrated developnt of software and hardware.
This step still seems far off, but if achieved, the future is promising.
Beyond smartphones, there’s also the critical field of AI-based healthcare.
…
During the post-pandemic era, the real estate sector collapsed, leading many young people to stop getting married, buying houses, or even actively seeking jobs after graduation.
If they can find good work, they take it; if not, they return to the countryside.
April had reached the middle of the month, and Xiao Le was just two months away from graduating in her third year of university.
Her older sister, Xiao Ya, had graduated over two years ago and had already beco a deputy-level officer.
She’s destined to enter full official rank before age thirty.
Following the family career plan, she’s expected to reach deputy municipal level by thirty-five and serve as a county-level secretary before age forty.
This roughly outlines her sister’s life trajectory.
Once you’re in the system, enduring for seniority is inevitable.
By the ti her sister becos a secretary, based on Magic City’s higher-tier division frawork, assignnts would likely place her at the deputy provincial level.
Whether she could climb the provincial ranks within ten years and reach the ministry by age fifty is uncertain.
However, it’s undeniable that such a clear career path would leave ordinary people envious to the point of awe.
No one can truly predict how far her sister will eventually go.
Xiao Le herself is approaching graduation; during her three years in college, apart from normal academic studies, most of her ti was spent learning alongside her uncle.
Compared to school courses, the experience with her uncle was far more practical.
Upon graduating, she wouldn’t be allowed to drive her Ferrari anymore.
Million-dollar luxury cars would have to be completely avoided.
Her family did arrange for her a specially customized Audi A6.
It’s a six-million-dollar Maybach-level configuration fitted underneath an Audi A6 casing.
Not only will her daily transportation require discretion, but her wardrobe and lifestyle will need restraint as well.
Luxury items like Hers handbags or Patek Philippe watches would certainly be out of bounds.
Her housing isn’t affected, though; her family had long purchased a top-tier 300-square-ter, zero-communal space penthouse apartnt for her.
It’s enough for her to live in for years to co.
Recently, Xiao Le often visited her sister and asked about life within the systemic hierarchy.
According to her uncle’s plan, their family aims to advance a century-long agenda within thirty years.
The goal isn’t just cultivating a large number of family officials but ensuring at least a few influential figures within Magic City.
With successive generations pushing forward, supported by her uncle, their early lives are destined to be smooth sailing.
…
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