Black technology: a super empire spanning two worlds

Chapter 222 [Battle of the Century]

In the following days, the heat increased further.

Because Xiao Yu controlled his stand-in Peter Vitas to make high-profile posts in public media, saying that he firmly believed that the field of AI needed strong computing resource support, and that large investments in stacked computing power were needed to achieve breakthroughs in general artificial intelligence.

Xiao Yu himself also wrote that computing power resources are certainly important for AI, but it is definitely not about simply stacking computing power.

The online confrontation between two heavyweight giants in the field of AI, which is seen by the outside world, has once again attracted great attention. Countless people believe that this may be a dispute between the East and the West over route selection in the field of AI.

The big guys directly joined the conversation, which immediately raised the temperature. The two sides chose completely different models in the field of AI, and who is stronger and who is weaker has become the most concerned topic in and outside the industry.

Different from those nephews who stepped on and criticized him, the vast majority of normal netizens in China viewed the sudden rise of Peter Vitas with the mentality of a strong citizen of a great country, and did not blindly step on or criticize him.

Instead, he recognized his strength and thought that he was a very strong opponent, but he also believed that his own Xiao Yu would be the most valuable only if he defeated such a strong opponent.

Only a truly strong person would have such thinking. After all, if you don’t have a strong enemy and defeat him, how can you demonstrate your strength?

Many domestic netizens who like to watch the show are looking forward to seeing who will have the last laugh between the two.

In early September, Xiao Yu once again controlled Peter Vitas to tweet on his social media account, publicly stating that the expansion of Tokyo University's computing resources should be restricted in order to curb Tokyo University's development speed in the field of AI, thereby further expanding North America's leading advantage in the field of AI.

In his tweet, he also specifically emphasized that the supply of computing chips to Lingjing Technology should be stopped in particular. The reason is that he believes that Lingjing Technology's AI technology is the most powerful in the Eastern giant so far. If Lingjing Technology is curbed, the speed of AI development in the Eastern University can basically be curbed by more than half.

The popularity had already dropped, but it rose again because of Peter Vitas's action.

The news spread across the ocean and reached China, quickly sparking discussions from all walks of life, and netizens online were also hotly discussing it.

[Good fellow, before it was said that the two big guys were heroes who appreciated each other, but Peter Vitas really had no martial ethics, one foot was praising each other for business, and the next foot was ruthless, he didn't even pretend...]
[Doesn't this just show that heroes appreciate heroes? Peter Vitas obviously thinks that Brother Xiao is his biggest rival, which also shows that Brother Xiao and Lingjing Technology are indeed the strongest in the field of AI in China, otherwise he would not pay so much attention to them.]
[Affirmation from the opponent, there is nothing more valuable than this, right?]
[To be honest, this guy is indeed a strong rival of Brother Xiao.]
[Apart from his stance, Peter Vitas is indeed a respectable opponent.]
[I am fortunate to witness the competition between the two greatest geniuses of our time. What a coincidence that one was born in the East and the other in the West. What a coincidence that the two chose completely different models in the field of AI. This is definitely the century-long battle between the East and the West for the commanding heights of science and technology, right?]
[They are definitely the twin stars of the time, but I don’t know who will have the last laugh. Is AI dominated by stacked computing power or algorithms? I am anxious and looking forward to it…]
[There is no doubt that I support algorithm as king. There is no other reason, because Xiao Ge has chosen this path. I am a citizen of Dongda University. I don’t understand technology, but my position determines that I believe algorithm is king. I don’t want Xiao Ge to lose. If he loses, it means that our country has lost to Lao Mei in the field of AI to a large extent...]
[At present, Peter Vitas and his Cyera-AI company seem to be catching up. To be honest, I am a little panicked.]
[I am even more panicked because I bought Lingjing Technology’s stocks and now I am stuck with more than ten points, but I believe Brother Xiao can win, Brother Xiao must hold on!]
……

The public opinion field was exploding with heat, and the capital market was also equally turbulent. Xiao Yu quietly planned a "battle of the century" drama behind the scenes, which also caused huge disagreements among Lingjing Technology's investors.

The originally long-term optimistic consensus expectations have once again fallen into valuation chaos because of this incident.

Some people are reducing their holdings of Lingjing Technology to avoid risks, some investors are pessimistic and choose to sell off their positions, while others are firmly optimistic and even increase their positions against the market trend during the decline. In short, investors from all walks of life have huge differences in their expectations for the future of Lingjing Technology, and at present, short sellers have the upper hand because the overall environment of the stock market is not good, which is explained by the market trend on Monday, August 8.

On the weekend before the 28th, the village announced a major positive news of reducing stamp duty. The last time the stamp duty reduction was announced, the stock market rose across the board. On the 28th, the entire A-share market opened higher in the morning, and the securities sector index hit the daily limit during the bidding. The Shanghai Composite Index also opened 5 percentage points higher during the bidding.

Even Lingjing Technology opened more than 8 percentage points higher on the same day, but the trend after the opening stunned all investors. The entire market reached its peak at the opening, and all the funds that had rushed in impatiently during the morning bidding phase were left hanging on the top of the mountain. In particular, investors who had rushed into securities were all petrified on the spot, and the entire market staged a drama of opening high and then plummeting.

Lingjing Technology opened more than 8 points higher but finally closed up only 1.64%. August 8th was an epic scam.

As time went by, it was Thursday, September 9th.

At the Lingjing Technology headquarters, in the chairman's office, Xiao Yu had just entered the office when Yun Shu rushed over.

"The news came out last night that Beimei tore up the agreement reached with Lingjing Technology and re-imposed sanctions, and will stop supplying us with computing chips." Yun Shu reported the news with a serious tone.

"It seems that Peter Vitas' lobbying was successful..." Xiao Yu said calmly. In the entire company, or even in the whole country, Xiao Yu was the first to know the news, because Peter Vitas was involved. Xiao Yu knew more details than anyone else.

But he had to act as if he had just learned the news. After all, the truth that Peter Vitas was his stand-in was hidden from everyone on Earth. In the eyes of outsiders, they were two individuals with completely different personalities, and one was from the East and the other from the West, with no connection at all.

After a while, Xiao Yu said calmly, "Just stop supplying. As long as you are confident enough in the model you choose, it will be harmless."

At this moment, Xiao Yu was happy in his heart, because his goal was achieved. Lao Mei really took the initiative to tear up the agreement. This was Xiao Yu's original intention.

At the moment, Lao Mei has fallen into the trap and is completely unaware of it. They took the initiative to tear up the agreement. So no matter what Xiao Yu does in the future, he will be in the wrong.

However, the emergence of this news caused the stock price of Lingjing Technology to plummet again. When the A-share market opened today, the stock price of Lingjing Technology opened low and continued to fall, swallowing up the weak rebound of the stamp duty reduction since August 8, and further set a new low in recent times.

Lingjing Technology's stock price plummeted by -8.06% on the day, closing at 165.48 yuan, and its market value fell back to 14.36 trillion yuan.

……

(End of this chapter)