Reinventing the Millennium

In any case, Yike’s Q3 financial report will be released on the 15th of this month.

Despite the expectations in his heart, Lu Qi, who walked into the storm personally, was still uneasy and couldn't help but laugh at himself in his heart. After all, the feelings of the spectators and those involved were different, so he still endured the pressure.

On November 2, at 11 o'clock in the morning, Lu Qi received a notice from his secretary after a meeting that Mr. Fang was treating him to lunch.

When he arrived at the canteen, he couldn't help but smile when he heard that the music being played was "All You Need Is Love". The title of the article "Attention Is All You Need" published by Google came from this song by the Beatles.

Lu Qi greeted Elder and Ng Enda, and within a few words he turned to the topic of deep learning DL. He immediately cheered up and told more of his thoughts.

These two are not simple at Yike. One is in charge of R\u0026D affairs, and the other is the main person in charge of deep learning. Although they are parachuted in to establish the deep learning division, the allocation and use of resources also require mutual communication. .

Lu Qi can reach a high position at Microsoft, so he will naturally not despise personnel work.

"Google named the model of the self-attention mechanism Transformer in the paper. I asked and found out that they are developing a new NLP model internally." Ng Enda talked about the changes since the last industry discussion.

Ng was previously an associate professor and director of the Artificial Intelligence Laboratory at Stanford, and he was responsible for related work at Google before joining Yike. His research exchanges with there have not been interrupted. The last heated debate also brought him a lot of inspiration.

Lu Qi nodded and talked about the news he had: "The industry recognizes Transformer's performance very much. For example, OpenAI, which was established last year, is now working on developing a large model with Transformer as its core. They might as well just name it after it. It’s called GPT, Generative Pre-trained Transformer.”

OpenAI is a company established last year, with many well-known figures in the field participating.

Fang Zhuo simply concluded at this time: "Can Google's Transformer really surpass RNN and CNN? We have invested a lot in these two aspects."

RNN is a recurrent neural network, and CNN is a convolutional neural network. Yike's Siri is based on the former, and Taibai is based on the latter.

Similarly, the industry's research in the field of artificial intelligence mainly focuses on these two directions and their variants. RNN can handle the temporal dependence in sequence data and is widely used in natural language processing tasks. CNN is used in image recognition and processing. Its outstanding performance has become the cornerstone of the field of computer vision.

For example, Yike's robot Guard uses CNN's visual achievements.

But now, the third direction born out of a heated debate has a faint tendency to replace RNN and CNN, which will undoubtedly weaken Yike's research advantages in related fields.

When Lu Qi heard what Mr. Fang said, he remained silent, and Elder did not make a sound.

On the contrary, Ng Enda laughed: "Mr. Fang, when it comes to scientific research, we are in the wrong direction. The harder we work, the further away we are from success. This has been taught to me by facts since I first started doing scientific research. RNN encountered problems when processing long sequences. When it comes to the problems of vanishing gradients and explosions, it has been very difficult to break through this.”

"Now that the Transformer model promises to solve this problem, and has demonstrated its parallel processing capabilities and more efficient training characteristics, this should be followed right."

“The resources and energy we put into it don’t dictate the scientifically correct answer.”

"The answer is out there, we just find it around the corner in a variety of ways."

"Besides, RNN and CNN will still play a role in specific scenarios."

Regardless of whether Mr. Fang was testing his own ideas or not, Ng expressed his position on scientific research first.

Fang Zhuo nodded slightly and said thoughtfully: "Actually, to be honest with you, Mr. Lu's arrival has given me a lot of new thoughts. The Transformer you talked about today is being made by Google and OpenAI. It seems that everyone suddenly thinks that this direction can be done. Creating many new possibilities, since there is so much hope, does our strategic positioning still need to be modified?”

He talked about what he had been thinking about for the past two days: "Mr. Lu also said that Nvidia was going to sell shovels. Now that I think about it, Huang Renxun was indeed very happy at the scene. He talked to me about the promotion of GPUs by the self-attention mechanism. If we still need to pay more attention to it, we can actually put more effort into the entire industry chain.”

"Bingxin is about to acquire SMIC. In fact, Bingxin is already leading the direction of Changdian Electronics in the field of packaging and testing. If Nvidia can sell shovels, why can't we sell them?"

Fang Zhuo said as he considered the direction of correction.

Just as Lu Qi was about to nod, he suddenly came to his senses and said in surprise: "Is Bingxin going to acquire SMIC?"

Fang Zhuo nodded, confirming what he said.

Lu Qi fell into thinking. According to Mr. Fang, Bingxin not only wanted to acquire SMIC, but also had a dominant position in the domestic packaging and testing field. With the addition of Yike, it would be a one-stop service of design, manufacturing, packaging and testing.

If the photoresist problem can be solved within the next two years and a larger software and hardware ecosystem can be built, this will definitely bring enough stamina.

He sighed and said seriously: "Mr. Fang, the top priority is to restore the manufacturing capabilities of ice cores using advanced processes."

Fang Zhuo said "hmm" and wanted to say something but gave up.

Forget it, it’s already that time, it’s time to give the gift anyway.

Anyway, that’s what it means.

If, as Lu Qi said, and as Ng Enda thinks, if companies in the industry such as Google and OpenAI begin to have high expectations for new models, then it is necessary for them to re-examine their cooperation with NVIDIA and rethink the strategic adjustments they need to make.

The more we ate lunch, the more silent we became. Fang Zhuo was thinking about the future, Ng Enda was thinking about the three directions of DL, Lu Qi was thinking about the effects of the huge integration of the industrial chain, and Elder was thinking about the integration of the R\u0026D team.

When the lunch, which had actually reached a certain consensus, was over, Lu Qi asked another question before leaving, which is the information that the outside world is most concerned about now: "Mr. Fang, was the Q3 financial report released on the 15th?"

Fang Zhuo confirmed: "Yes, it has been decided. The worst Q3 financial report in history. Do you want to see it?"

Lu Qi's heart sank. After hesitating for two seconds, he said, "No, I'll wait until it's released."

Fang Zhuo smiled slightly: "Mr. Lu, don't be stressed."

Lu Qi responded, and suddenly felt that Mr. Fang was really very calm. He didn't panic at all at this time, and instead came to relieve himself.

Perhaps, this is the best president in the world.

On the way back to the office, he chatted with Vice President of Technology Elder about the situation in the United States. There were only a few days left before the final election results, and the situation became a bit confusing.

The last poll jointly released by NBC and the Wall Street Journal showed that Ashe was 4 percentage points ahead of Apu, but a tracking poll by the Los Angeles Times showed that Apu's approval rate surpassed Ashe, with the former 47.8%. The latter is 42.4%.

"I hope this financial report will not cause the company's stock price to drop too much." Lu Qi said this before separating from Elder.

Elder replied: "Financial reports are not the only criterion for determining stock prices."

Lu Qi smiled and cheered: "Yes, we will get out of this predicament!"

Elder shook hands with the new senior vice president and turned to go about his own business.

Lu Qi entered the office, glanced at the latest news, and thought about the upcoming financial report. It was still difficult to completely calm down in his heart.

There are many people like him who are uneasy about Yike's current situation.

For example, Xiong Xiaoge, the head of IDG, knew that Mr. Fang must be very busy recently, so he never called to inquire about the situation and only paid close attention to the latest public news.

Waiting until November 5th, seeing the short grace period passing day by day, Yike remained silent again, and he finally couldn't help but call Mr. Fang.

"Mr. Fang, how is Yike? How is the ice core?" Xiong Xiaoge came up and asked directly about the situation.

"That's it, Yike is about to have its worst Q3 financial report in history." Fang Zhuo replied.

Xiong Xiaoge felt a little heavy. After hesitating for a while, he asked, "Is there no way to reverse the situation? Yike's short position is already quite high."

It’s not quite high, it’s an unprecedented high. If it is announced on the 15th, it will probably be a record-breaking five consecutive championships.

Fang Zhuo sighed: "What can I do? You have quite a lot of confidence in me."

"Mr. Fang, I don't know anyone else, but I have the most confidence in you." Xiong Xiaoge adjusted his mood, "You have a certain quality."

Fang Zhuo asked: "What characteristics?"

"No matter how difficult the situation is, you can always bite off a piece of meat." Xiong Xiaoge commented, adding, "It doesn't matter whether the meat belongs to the opponent or a teammate."

Fang Zhuo laughed.

Xiong Xiaoge comforted her at this time: "Mr. Fang, running a business will always go through ups and downs. If you are shorted this time, you will be shorted. There will always be opportunities to get it back in the future."

Fang Zhuo thought about the situation this time and sighed: "I'm afraid I won't be able to find him back in the future."

Hearing such negative words, Xiong Xiaoge invited: "Mr. Fang, when you are not busy, let's have a drink in person and call Wang Fengyi and the others. We haven't seen each other for a long time."

Fang Zhuo agreed: "Okay, no problem. Let's wait for the day when the financial report is announced, the 15th. I should be in Luzhou then. We will meet there. If there are any changes, let Liu Zonghong tell you."

Xiong Xiaoge calculated the itinerary and realized that he had something to do that day, but he immediately agreed.

This time of storm, Yi Ke only hopes to usher in the rainbow of recovery as soon as possible.

Xiong Xiaoge called Wang Fengyi again and made an appointment first.

This time I got a small piece of precise information. Yike's Q3 financial report is indeed not bad due to public opinion, and it will appear on the 15th.

However, there is no need to speculate too much. The outside world generally believes that Yike Q3 will appear on the last day of the grace period.

Perhaps, before that day, Yike will try to create some good news, such as cloud service orders, technical service fees, artificial intelligence news...

But it's no use!

"Short Master" Chanos was so convinced of this that he even drunkenly tweeted one after another: "I heard that someone is a short killer, can you please come forward?"

"I heard that someone whose name can't be pronounced is still called a mysterious person, right?"

"Fang Zhuo, Fang Zhuo, Fang Zhuo!!"

Chanos's drunken madness attracted onlookers, but Fang Zhuo, who had just had new news on the 1st, did not respond.

It seems that everything will have to wait until the 15th to be announced.

Short sellers generally have this understanding, and they will also pay close attention to who the new owner of the white house will be announced on November 8.

However, just as everyone was paying attention to the vote numbers in each state, Fang Zhuo, who made a grimace on the 1st, gave another update on Twitter.

On November 8, at 6:30 pm Eastern Time, Fang Zhuo, the head of Yike, released a word - "Back".

Back? Return?

What's coming back? What Back?

Paulson, the "short-selling king" who once suffered losses in the Yike short squeeze, saw this word on Twitter for the first time, and felt a sense of panic in his heart for no reason.

No way? Isn't it? It can't be what you imagined, right?

Fang Zhuo, aren’t you...

Fang, Mr. Fang, don’t do it, this is a new fund...

Paulson immediately frantically refreshed Twitter, and asked his colleague Landry to frantically refresh China reports, but there was no feedback.

Just as he breathed a sigh of relief, he suddenly heard the trembling voices of his colleagues.

"Mr. Fang, he, he, he..."

Paulson turned around and asked loudly: "What happened to him?"

"He seems to have started a live broadcast, standing at the factory of Bingxin International." Landry's face was extremely ugly, and he suspected that it was some kind of "Back" that he least wanted to see.

When Paulson heard these words, he felt chills all over his body. He snatched Landry's cell phone and saw the live broadcast from China. He saw the old acquaintance in the screen high-fiving the employees who walked by one by one.

At the same time, the factory area in the picture is still hung with red banners.

"What is he talking about? What is he talking about!" Paulson listened in horror to the seemingly cheerful voice, and pointed to the banner in the screen, "What is it written on it! What is it!"

Landry hurriedly called someone and asked a colleague who was proficient in Chinese to come over and see what the news was.

Soon, the words on the three banners were the first to be translated.

——Warmly celebrate the resumption of work of Ice Core Fab1-6!

——Warmly celebrate the breakthrough of new sunshine etching!

——Bingxin spirit, never give up!

"Breaking through? Breaking through?" Paulson couldn't believe it. He turned to look at his two colleagues who also had wide-eyed eyes, and his voice suddenly became hoarse. "Resumption of work?"

He shouted hoarsely with all his strength: "Is this true? It's fake!"

The people next to me began to translate the sounds heard in the live broadcast.

——The holiday is over, work overtime!

——Hehe, the photoresist is enough this time!

——Hey, your boy must have left crying last time! This time the grin is so big!

The more Paulson listened, the more he felt that Bingxin's news might be true. Whether it was this banner or the voice in the live broadcast, if Bingxin wanted to falsify, he should choose to hedge the negative news when the financial report was released...

Otherwise, if you choose this day, the subsequent financial report will still have an impact on the stock price!

"Yes, yes, financial report. We still have Q3 financial report. Hurry, hurry up and break the news!" Paulson thought of the financial report as if he was grabbing a life-saving straw. "Breaking news, Yike's Q3 financial report is coming out. This is Bingxin False news, keep posting it, keep posting it, just say it, just say it, just say it..."

His thinking seemed to be stuck, and he was stunned for a long time before saying: "Just saying that the resumption of work on the ice core is not enough to solve Yike's problem! Yes, that's it, find all the media you can find!!"

Landry heard the order and was about to make a call when he saw an incoming call on his cell phone. His heart sank. When he answered the call, he heard another new news from China.

"Paulson, new products of the Yike Mars 9 Pro version suddenly appeared on Yike's official website, Yigou's official website and offline channels! They have started to release the goods!"

Paulson was stunned and murmured: "Why so fast, why so fast, then what is he doing live broadcast? A show! It's a show! Yes, yes..."

Landry, who had just hung up the phone, felt the vibration of his phone again, answered it again, and reported the real-time news again: "Paulson, Ice Core International has issued an official announcement, using ArF photoresist produced in Luzhou, Xinyang, with a 16nm process. The production line has been debugged and is back into production! ”

Paulson fell down in his chair. Ice Core International's resumption of work and China's photoresist breakthrough may be true... Why is it so fast? Doesn’t the major predict at least two years?

He rubbed his face vigorously, which meant that Yike's products would gradually be supplied, which also meant that its previous biggest problem was gone.

The stock price will definitely rebound!

He said hoarsely: "Yike's stock price is going to rebound. Whether it's true or not, it's going to rebound. Notify Chanos, notify Cohen, notify Russell, notify everyone who can be notified! The most critical long-short game is coming. Yeah! I know, I know, Fang Zhuo won’t be defeated so easily! The most critical moment is..."

Before he finished speaking, Landry's phone vibrated desperately again.

Landry was a little afraid to answer.

Paulson roared angrily: "Answer the phone, you answer it! I want to see what bad news there is! Kill me, kill me if you dare!"

Landry tossed the phone to Paulson.

Paulson took two deep breaths and then pressed the phone hard!

"SMIC announced that the 10nm process is already in small-scale mass production and will reach an OEM cooperation with Yike!"

Paulson suddenly opened his eyes wide, ahhhh! ! !

Mr. Fang, are you really going to kill me? ! !

There was a surge of energy and blood in him, and he slid down from the chair!

"I can't breathe..."

"I can't breathe......"

The short-selling king was out of breath, there was a roaring sound in his throat, and there was a moan in his mouth.

Landry hurriedly went up to help Paulson up and patted his back repeatedly, finally getting the former number one Wall Street hedge fund man to calm down.

Seeing that Paulson no longer had any breathing problems, he couldn't help but ask: "What should we do? What should we do? What should we do now?"

Continuous good news has appeared. Yike and Fang Zhuo have obviously been planning for a long time. Ice Core International's 16nm production capacity limit has disappeared, and SMIC has achieved the world's best 10nm process breakthrough...

This also means that Yike's most criticized foundation has disappeared.

Paulson sat on the chair, feeling weak from the inside out. He covered his face, and suddenly remembered what happened a few years ago in his mind. Why?

Why!

Why……

Paulson spoke with difficulty after a long time: "Notify everyone that that man is back... He is coming, he is coming to kill us..."

There is no doubt that the man has wielded the butcher knife...

However, it’s not all out of the question now!

When Paulson heard Landry's phone call next to him, thinking about the resume of the world's best president, thinking about Yike's development, and thinking about the power and money that the MIGA fund held, he felt like his liver was splitting!

He stared at the ceiling blankly, a question emerging in his mind.

Is there really any chance?

Even though he didn't open the window, Paulson felt a cold wind blowing in. For a moment, he didn't know whether he was in a warm suite or... a cold rooftop!

…

At 6 p.m. Eastern Time on November 8, just half an hour before the head of Yike started the live broadcast, Bowman, senior vice president of DuPont, received a notice from Yike.

——China has made a breakthrough in photoresist.

Bowman couldn't help being shocked, and asked the other person repeatedly: "Really? Is there really a breakthrough?"

"You can wait for further relevant news." This time it was Liu Zonghong who made the call.

"Really? Ice cores can't be fake, right? How come it's so fast?" Bowman was still doubtful.

"Waiting for market verification." Liu Zonghong replied succinctly, "In addition, Mr. Fang's suggestion is that DuPont had better apply for a license as soon as possible before the white house has been replaced."

Bowman ended the call solemnly, thinking about the situation in his mind while notifying the company's executives.

In just half an hour, the follow-up news appeared.

Ice core live broadcast resumes work, New Sunshine resist breaks through, Mars supplies appear in the market, and... SMIC has achieved a breakthrough in 10nm process technology!

Despite his expectations, Bowman was still shocked.

This... is too fast!

Not only is the photoresist fast, but SMIC’s 10nm is also fast!

What is the level of SMIC? Previously, it could only be regarded as the second-rate level in the world!

This kind of leadership in manufacturing processes has only been achieved by Ice Core!

Now this same day news...

When Bowman thought about this, everything became clear. It was undoubtedly the research and development of ice cores that had been reincarnated in SMIC.

What changes will this bring? Will BIS add names to the selective list? What will be the direction of the relationship between the two parties?

Bowman's mind was in a mess and his heart was full of mixed feelings.

DuPont really hopes that the ice core will resume operation, so that it will have the opportunity to replace Japanese manufacturers in the Chinese market. However, the ice core is too fast, Yike is too strong, and that man is too ruthless...

This is so "too" that it makes people feel chilly.

Bowman quickly confirmed his own movements with the management and prepared to submit a license to trade with ice core overnight. As for... will such a license cause damage to the institutions that shorted Yike this time...

When Bowman heard another vice president's concerns, he had an answer.

"Actually, you don't need to think too much about them. If Mr. Fang takes action, they will probably lose their lives." As a spectator, Bowman couldn't help but have a hint of gloom in his heart, "Yike's world's strongest mobile phone financial company was written with the blood of short sellers. of……"

That’s Yike’s signature sign written in blood!

Now, it’s time to wipe it again with blood!

…

6:30 pm on November 8th, Eastern Time, is exactly 7:30am on the 9th, Beijing time.

Just when many people had not gotten up or were rushing to work, the largest short video platform in China suddenly pushed Fang Zhuo's live broadcast room to a large area, showing the status of Bingxin's resumption of work.

Three banners!

Fang Zhuo’s conversation with Ice Core employees!

And, the Mars mobile link in the live broadcast room!

All this shows that Yike, which has been shorted recently, has restored its production capacity!

A steady stream of people poured into the live broadcast room. Some people wanted to buy gifts but found that the gift-giving function was turned off this time.

"Good morning, there are quite a few of you." Fang Zhuo glanced at the live broadcast after talking to the employees one by one and said with a smile, "Come on, this time it is our Mars 9 Pro configured phone, but we changed the name. , the codename given is Mars 9 Commemorative Edition!”

"Oh, there are a lot of questions, right? Look at our banner. I wrote it myself, and the answers are all on it!"

When Fang Zhuo said this, he turned his back to the camera, pointed at the banner and read one by one: "Warmly celebrate the resumption of work on ice core Fab1-6!"

“Warmly celebrate the breakthrough of new sunshine etching!”

"Bingxin spirit, never give up!"

After he finished reading, he turned around and looked at the number of people on the live broadcast, and was surprised: "It's three million so soon? Yes, three million people."

Fang Zhuo turned sideways and faced the sun's brilliance: "Hey, three million flying jade dragons, stirring up the cold all over the world!"

He waved his fist again and said with a smile: "Come on, Yi Ke is back, let this peaceful world feel the cold and heat together!"

In the peaceful world, Yi Ke is back, there will always be someone cold and someone hot.

...

Fang Zhuo said Back, Yi Ke is back.

This news quickly swept the Chinese and foreign media with the live broadcast!

Sina Finance immediately issued a long-awaited title that had never really dared to think of.

——Black clouds pressed down on the city and the city was about to be destroyed, the armor shone towards the sun and the golden scales opened!

Recommended a friend's book, "Traveling Through the Tang Dynasty: Scolding Li Er at the Beginning"

Traveling through the Tang Dynasty, Li Jue has always been cautious and carefully protected his father Li Chengqian and the entire Li Tang world.

After all, the world of Li Tang is his ironclad crops, and his biggest asset for living a life of idleness and waiting for death in the future.

However, the aggressive Li Shimin and the step-by-step pressing Li Tai forced Li Chengqian to rebel!

Li Jue lost his ironclad crops, and made up his mind to become the "pot-smasher" of the Tang Dynasty.

Hum hum hum!

Since you don't let me live well, then no one in your Li family can live well!