Black technology: a super empire spanning two worlds

Chapter 211 [Digging a hole first and then removing the fuel from the fire]

After hearing what Xiao Yu said, Xu Changming thought about it carefully and nodded: "Now that you put it that way, it really seems to be the case. Even if Peter Vitas is gifted, it's not so exaggerated. It's obvious that he was promoted and packaged by them."

In fact, anyone with a discerning eye can see some information. Judging from the length of time, Peter Vitas' rise is even faster than Xiao Yu's. You know, Xiao Yu's rise was already lightning-fast, but this person is even faster.

"It is true that heroes are made by the times. In my opinion, Peter Vitas should thank you the most. Without your 'external pressure', he would not have been so supported by Wall Street and Western capital." Xu Changming couldn't help but smile.

Hearing this, Xiao Yu smiled but said nothing. His acting skills are now Oscar-level, and the fact that Peter Vitas is his stand-in has been kept in the dark by everyone in the world.

Xu Changming, who didn't know the truth, analyzed seriously and said, "But Peter Vitas should not be underestimated. He is also a top figure. As the saying goes, if you want to wear the crown, you must bear its weight. The fact that he can bear it is enough to show that he is not simple. It seems that Wall Street has been planning in the field of AI for a long time. This time, they really intend to let OpenAI step down and let Cyera-AI take over."

Lao Xu further added: "And this is a huge investment. It is not an exaggeration to say that they are all-in. Wall Street capital dares to push Cyera-AI's market value to an exaggerated scale of 1.6 trillion US dollars. Is Cyera-AI's route correct? And they have confirmed it, otherwise it is difficult to explain Wall Street capital's crazy move."

Hearing this, Xiao Yu shook his head: "Cyera-AI's approach cannot be said to be wrong, but it can only work for a short time, because the upper limit is visible at a glance. It seems to be effective in the short term, but in fact, the cost of this route will be unbearable in the future."

"AI is definitely not achieved by high energy consumption and large investments, nor by piling up more chips and increasing computing power. Instead, it must learn like the human brain, compressing the spatial and temporal complexity to a smaller level and reducing energy consumption. The most basic issue is to study the basic theory of using current spatial complexity to complete intelligent computing."

Xiao Yu said this with full confidence, without any ambiguity, because he had looked at the "reference answer" of the Blue Star World, how could it be wrong?

The route taken by Cyera-AI was actually a huge pit that Xiao Yu dug for the Magnesium Western Capital Group. He first induced them to invest heavily and then, after they had accumulated huge sunk costs, he cut off their financial resources.

The huge investment became worthless in the blink of an eye. Anyone would be overwhelmed. It must be said that this move was quite sinister, and it was intended to sink the AMG Capital Group to its death.

Today's big players have already bet too much on the AI track, so they have no choice but to go ahead and continue to increase their bets, hoping that one day they will be able to monopolize the world in the field of AI, form a new technological hegemony, and continue to reap the world with AI.

……

As the market value of Cyera-AI soared to $1.6 trillion within a week, Peter Vitas' personal net worth also exceeded $2450 billion, making him the world's richest man.

The media in the European and American circles immediately reported this matter extensively. This is very different from the time when Xiao Yu's personal net worth exceeded Elon Musk. At that time, some European and American media only reported it briefly and then skipped it.

Because the world's richest man is not in the capital-focused world, this is something that is difficult for the West to talk about.

But this time, Peter Vitas became the new richest man in the world, which brought him plenty of traffic and all kinds of compliments.

But they would never have thought that Peter Vitas, whom they promoted, was actually just a substitute for Xiao Yu. In a sense, Xiao Yu once again became the world's richest man in another way.

However, Xiao Yu himself now symbolically holds 1% of Lingjing Technology's equity, but this also makes his personal net worth reach 191 billion US dollars. Just relying on this 1% of equity, he ranks among the top on the global rich list. In fact, the question of how much Xiao Yu's personal net worth is, the outside world has different opinions.

Because he also owns a non-listed company, AVIC Linkai, and holds 65% of the company's shares. This company is currently the only company in the world that has mastered room-temperature superconducting materials.

The outside world believes that even if Xiao Yu transferred 50% of his shares in Lingjing Technology to HP Fund, he would still be the world's richest man by still holding 65% of the shares of AVIC Linfei.

Although the company is not listed, many investors in the mainland investment circle believe that the valuation of AVIC Linfei will definitely reach the trillion-dollar level.

Even if calculated based on a valuation of $1 trillion, given that he holds 65% of the shares, his estimated net worth is $6500 billion. Add to that the $1 billion corresponding to 191% of Lingjing Technology's shares, and converted into RMB, Xiao Yu's net worth is conservatively estimated at 4.78 trillion yuan.

Obviously, this still firmly places him as the world's richest man, which is 2.7 times the current personal net worth of Peter Vitas.

However, the West has tried its best to suppress this at the public opinion level, which is mainly reflected in the dispute over pricing power. They have spared no effort to suppress the valuation of AVIC Linji, continuously lowering the valuation pricing, and even let some Wall Street investment institutions release a number of analysis reports on AVIC Linji.

But they have to admit the value of AVIC Linfei. After all, it has the unique skill of room-temperature superconducting materials, which the West cannot ignore. It is even more impossible to say that this product, which is enough to promote the fourth scientific and technological revolution, is worthless.

So we have to admit it, but because the company is not listed, and the current AVIC Linfei Company has not yet achieved profitability, and is still investing heavily, room-temperature superconducting materials have not been mass-produced, and the production costs and production capacity are unknown.

Therefore, some investment institutions on Wall Street gave their own ratings in a seemingly professional manner, valuing AVIC Linfei at US$1500 billion, or just over RMB 1 trillion.

According to this valuation, the valuation of Xiao Yu's 65% stake in AVIC Linfei Company is US$975 billion. Adding the US$1 billion corresponding to his 191% stake in Lingjing Technology, Xiao Yu's current nominal net worth is estimated at US$1166 billion.

So he is not the richest man, far behind Peter Vitas.

The West still dominates the global financial system, controls and dominates the pricing power of the financial market, and has the final say on the pricing and value of a product.

They gave a valuation of $1.6 trillion to Cyera-AI, but they gave a valuation of $1500 billion to AVIC Linki, which has mastered room-temperature superconducting materials. This is a product that can promote the fourth scientific and technological revolution. If this technology is mastered by Western companies, they would like to add two more zeros after the $1500 billion valuation.

It is obvious that the Western capital groups are using their dominant position in pricing to deliberately suppress the market in order to keep the title of "the world's richest man" who is white and in the West.

Because this title is very important to the West. This is an ideological dispute. If the "world's richest man" is in the East, doesn't it mean that their capitalism is not as good as the SHism in the East?

……

(End of this chapter)