Reinventing the Millennium.

Chapter 1458: Armor Shines to the Sun and Golden Scales Open (6k)

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

Although he had expected it, Lu Qi, who walked into the storm himself, was still uneasy and couldn't help but laugh at himself in his heart. After all, the feelings of spectators and the parties involved are different, so he still had to bear the pressure.

At 11 a.m. on November 2, after the meeting, Lu Qi received a notice from his secretary that Mr. Fang would treat him to a meal at noon.

When he arrived at the cafeteria, he couldn't help but smile when he heard the music playing "All You Need Is Love". The name of the article released by Google, "Attention Is All You Need", came from this song by the Beatles.

Lu Qi greeted Elder and Andrew Ng, and after a few words, he turned to the topic of deep learning (DL). He immediately perked up and shared more of his ideas.

Both of them have important roles in Yike. One is in charge of R&D affairs, and the other is the main person in charge of deep learning. Although they were parachuted in to set up the deep learning division, the allocation and use of resources also require mutual communication.

Since Lu Qi has reached a high position in Microsoft, he naturally does not take human resources work lightly.

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

Andrew Ng was previously an associate professor and director of the Artificial Intelligence Laboratory at Stanford, and before joining Yike, he was in charge of related work at Google. He has not interrupted the research exchanges there, and the last debate also brought him a lot of inspiration.

Lu Qi nodded and shared the information he had obtained: "The industry recognizes the performance of Transformer. For example, OpenAI, which was founded last year, is now developing a large model with Transformer as the core. They simply named it GPT, which stands for Generative Pre-trained Transformer."

OpenAI is a company founded last year with the participation of many well-known figures in the field.

Fang Zhuo briefly summarized 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, CNN is a convolutional neural network. Yike’s Siri is based on the former, while Taibai is based on the latter.

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

For example, Yike’s robot Guard uses CNN’s achievements in vision.

But now, the third direction born from a heated debate actually has a tendency to replace RNN and CNN, which will undoubtedly weaken Yi Ke’s advantages in research in related fields.

When Lu Qi heard Mr. Fang say this, he remained silent, and Elder also did not say anything.

Instead, Andrew Ng laughed and said, "Mr. Fang, if you go in the wrong direction in scientific research, the harder you work, the further away you will be from success. I have been taught this by facts since I started doing scientific research. RNN encounters the problem of gradient vanishing and exploding when processing long sequences. It has always been difficult to make a breakthrough in this regard."

"Now, the Transformer model has the potential to solve this problem, and has shown its parallel processing capabilities and more efficient training characteristics, which should be followed."

“The resources and energy we put into it cannot determine the correct scientific answer.”

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

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

Regardless of whether Mr. Fang was testing his ideas, Andrew Ng first stated his position on scientific research.

Fang Zhuo nodded slightly and said thoughtfully, "In fact, to be honest, Mr. Lu's arrival gave me a lot of new ideas. The Transformer you mentioned today is being developed by Google and OpenAI. It seems that everyone suddenly thinks that this direction can create many new possibilities. Since there is really hope, do we need to revise our strategic positioning?"

He talked about what he had been thinking about in the past two days: "Mr. Lu also mentioned that Nvidia was going to sell shovels. Now I think back, Huang Renxun was really happy at the scene at that time. He talked to me about the promotion of self-attention mechanism to GPU. If we want to increase the level of attention, then we can actually use more efforts in the entire industry chain."

"Ice Core is going to acquire SMIC soon. In fact, Ice Core has already been leading the direction of Changdian in the field of packaging and testing. If Nvidia can sell shovels, why can't we?"

Fang Zhuo talked about the direction he was considering for correction.

Lu Qi was about to nod when he suddenly realized what was happening and said in surprise, "Is Bingxin going to acquire SMIC?"

Fang Zhuo nodded, confirming what he said.

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

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

He sighed and said seriously: "Boss Fang, the most urgent task is to restore Bingxin's manufacturing capabilities in advanced processes."

Fang Zhuo hummed, and wanted to say something but gave up.

Forget it, it’s already this time, and it’s almost time to present the gift anyway.

Anyway, that's what it means.

If what Lu Qi said is true, and what Andrew Ng thought is true, that companies in the industry such as Google and OpenAI are beginning to be full of expectations for new models, then it is necessary for me to re-examine my cooperation with NVIDIA and rethink the strategic adjustments to be made.

The lunch became increasingly silent. Fang Zhuo was thinking about the future, Andrew Ng 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&D team.

After the lunch, which actually reached a certain consensus, ended, Lu Qi asked another question before leaving, which was the most concerned information for the outside world: "Mr. Fang, will the Q3 financial report be 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, and after hesitating for two seconds, he said, "No, I'll wait until it's released."

Fang Zhuo smiled slightly: "Mr. Lu, don't feel pressured."

Lu Qi responded and suddenly felt that Mr. Fang was really calm. He was not panicked at all at this time, but came to comfort him.

Perhaps, this is the best president in the world.

On his way back to the office, he chatted with Elder, the vice president of technology, about the situation in the United States. With only a few days left before the final election results, the situation there became a little confusing.

The last poll jointly released by NBC and The Wall Street Journal showed that Asch was leading Ap by 4 percentage points, but a follow-up poll by the Los Angeles Times showed that Ap's support rate surpassed Asch, with the former at 47.8% and the latter at 42.4%.

"I hope this financial report won't cause the company's stock price to drop too much." Lu Qi said this before parting with Elder.

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

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

Elder shook the new senior vice president's hand and went about his business.

Lu Qi entered the office, glanced at the latest news, and thought about the upcoming financial report. He still couldn't completely calm down.

There are many people like him who are not at peace with Yi Ke’s current situation.

Like IDG's head Xiong Xiaoge, he knew that Mr. Fang must be very busy recently, so he never called to inquire about the relevant situation, but only paid close attention to the latest public news.

By November 11, when the short grace period was about to pass and Yi Ke remained silent, he finally couldn't help but call Mr. Fang.

"Mr. Fang, how is Yi Ke? How is Bing Xin?" Xiong Xiaoge came up and asked directly about the situation.

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

Xiong Xiaoge felt a little heavy-hearted. 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 just extremely high, it's the highest ever. If it's announced on the 15th, it will probably be a record-breaking fifth consecutive championship.

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

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

Fang Zhuo asked: "What characteristics?"

“No matter how tough the situation is, you can always bite off a piece of meat.” Xiong Xiaoge commented, adding, “It doesn’t matter if the meat belongs to your opponent or your teammate.”

Fang Zhuo laughed out loud.

Xiong Xiaoge consoled him at this time: "Boss Fang, running a business always requires going through ups and downs. This time it's shorted, and there will always be a chance to get it back in the future."

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

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

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

Xiong Xiaoge calculated his schedule and found out he had something to do that day, but he still agreed immediately.

After this storm, Yi Ke can only hope that the rainbow of recovery will come soon.

Xiong Xiaoge called Wang Fengyi again to make an appointment.

This time we did get a little bit of accurate information. Yike's Q3 financial report is indeed not as bad as public opinion has judged, and it will appear on the 15th.

However, there is no need to speculate too much. The outside world generally believes that Yike’s 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, and news about artificial intelligence...

But it's no use!
Chanos, the "short-selling master," was so sure of this that he even tweeted drunkenly: "I heard someone is a short-selling killer. Can you please come forward?"

"I heard there's a person whose name can't be pronounced, and he's called the mysterious man, is that right?"

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

Chanos' drunken rage attracted onlookers, but Fang Zhuo, who had just made new developments on No. 1, did not respond.

It looks like everything will have to wait until the 15th to be revealed.

The short sellers generally have this understanding, and they are also paying close attention to who the new owner of the White House will be revealed on November 11.

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

At 11:8 p.m. Eastern Time on November 6, Fang Zhuo, the head of Yike, released a word - "Back".

Back?
What return? What Back?

Paulson, the "King of Short Selling" who had suffered losses in YiKe's short squeeze, saw this word on Twitter for the first time, and a sense of panic suddenly arose in his heart.

No way? No way? It can't be what I imagined, right?

Fang Zhuo, you are not...

Mr. Fang, stop it, this is a new fund...

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

Just as he breathed a sigh of relief, he suddenly heard his colleague's trembling voice.

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

Paulson turned around and asked loudly, "What's wrong with him?"

"He seemed to have started a live broadcast, standing in the factory area 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 this, he felt a chill run down his spine. He snatched Landry's phone and watched the live broadcast from China. He saw his old friend in the video high-fiving the employees who walked by one by one.

At the same time, there were red banners hanging in the factory area in the picture.

"What is he saying? What is he saying?" Paulson listened to the seemingly cheerful voice in horror, and pointed at the banner in the picture, "What does it say? What is it!"

Landry hurriedly called for help, asking a colleague who was fluent in Chinese to come and see what the news was.

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

——Warmly celebrate the resumption of work at Bingxin Fab1-6!

——Warmly celebrate the breakthrough of New Sunshine Resist!

——Bingxin spirit, never give up!
"Breakthrough? Breakthrough?" Paulson couldn't believe it. He turned to look at his two colleagues who were also staring at him. His voice suddenly became hoarse. "Return to work?"

He made a hoarse cry with all his strength: "Is this true? It must be fake!"

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

——The holiday is over, time to work overtime!
——Hehe, this time the photoresist is enough!
——Hey, you left crying last time, didn’t you? Why are you grinning so hard this time?
The more Paulson listened, the more he felt that Bingxin's news might be true. Whether it was the banner or the voice in the live broadcast, if Bingxin wanted to falsify, it should have chosen to hedge against the negative news when the financial report was released...

Otherwise, if this day is chosen and the subsequent financial reports are released, it will still impact the stock price!

"Yes, yes, financial report. We also have Q3 financial report. Quick, quick, release the news!" Paulson thought of the financial report as if he had grabbed a life-saving straw. "Spread the news. Yike's Q3 financial report is about to come out. This is fake news about Bingxin. Release it again, release it again, just say it, just say it, just say it..."

His thoughts seemed to be stuck, and he was stunned for a long time before he said: "Just say that Bingxin's resumption of work is not enough to solve Yi Ke'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, and when he answered the call he heard another new message from China.

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

Paulson was stunned and murmured, "How could it be so fast? How could it be so fast? What is he broadcasting live? It's 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, Bingxin International has issued an official announcement that the ArF photoresist produced by Xinyang Luzhou has been used. The 16nm process production line has been debugged and put back into production!"

Paulson slumped in his chair. The resumption of work of Bingxin International and the breakthrough of photoresist by Huaxia might be true... How could it be so fast? Didn't the professional prediction take at least two years?

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

The stock price will definitely rebound!

He said hoarsely: "Yi Ke's stock price is going to rebound, whether it is true or not, it is going to rebound, notify Chanos, notify Cohen, notify Russell, notify everyone who can be notified! The most critical long-short game is coming! I know, I know, Fang Zhuo is not so easy to be defeated! The most critical moment is..."

Before he could finish his words, Landry's phone vibrated again.

Landry was a little hesitant to answer.

Paulson roared, "Answer the phone, 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, then pressed the phone button heavily!
"SMIC announced that the 10nm process is already in small-scale mass production and will reach a foundry cooperation with Yike!"

Paulson suddenly opened his eyes wide, Aaaaahhhh!!!
Mr. Fang, are you really going to kill me!!!
His blood surged and he slid off the chair!

"I can't breathe..."

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

The king of short selling was gasping for breath, his throat made a hoarse sound, and he groaned.

Landry hurriedly went over to help Paulson up, and kept patting his back. It took a lot of effort to calm the former No. 1 hedge fund manager on Wall Street down.

Seeing that Paulson was no longer worried about breathing, he couldn't help but ask, "What should we do? What should we do? What should we do now?"

A series of good news appeared. It was obvious that Yike and Fangzhuo had been planning for a long time. The 16nm capacity limit of Bingxin International disappeared, and SMIC achieved the world's best 10nm process breakthrough...

This also means that the basis for Yike's most negative comments has disappeared.

Paulson sat in the chair, feeling weak from inside out. He covered his face and suddenly remembered what happened several years ago. Why?
why!
Why……

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

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

However, it is not all hopeless now!

When Paulson heard Landry's phone call, he thought about the resume of the world's best president, the development of Yike, and the power and money of the MIGA fund, and he felt his heart break!
He stared at the ceiling in shock, a question arose in his mind.

Is there really any chance?
Even though the window was not open, Paulson felt a gust of cold wind blowing in. For a moment he didn't know whether he was in the warm suite or... the cold rooftop!

……

At 11 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.

Bauman was shocked and kept asking, "Really? Is there a breakthrough?"

"You can wait for follow-up relevant information." This time it was Liu Zonghong who called.

"Really? The ice core can't be fake, right? How can it be so fast?" Bauman still had doubts.

"We have to wait for market verification," Liu Zonghong replied succinctly. "In addition, Mr. Fang's suggestion is that DuPont had better apply for a license quickly before the White House changes hands."

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

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

Bingxin live broadcast resumed work, Xinyangguang resist breakthrough, Mars supply appeared in the market and... SMIC achieved a breakthrough in 10nm process technology!
Although Bauman had expected this, he 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 was at most second-rate in the world!

Only Bingxin has achieved such a leading position in process!

Now this news on the same day...

As soon as Bowman thought of this, everything became clear to him. There was no doubt that the research and development of the ice core had been reincarnated in SMIC during this period.

What changes will this bring? Will BIS add names to the strict selection list? What will be the direction of the relationship between the two sides?
Bauman's mind was in a mess and he felt mixed emotions.

DuPont is indeed looking forward to the resumption of operation of Bingxin, so that it will have a chance to replace the position of Japanese manufacturers in the Chinese market. However, Bingxin is too fast, Yi Ke is too strong, and that man is too cruel...

This is so "too" chilling.

Bowman quickly confirmed his company's intentions with the management and prepared to submit the permission for the transaction with Bingxin overnight. As for...whether such permission would cause damage to the institutions that shorted Yike this time...

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

"In fact, we don't need to worry about them too much. If Mr. Fang takes action, they will probably lose a lot of lives." As a spectator, Bowman couldn't help but feel a little gloomy in his heart. "Yi Ke's world's strongest mobile financial company was written with the blood of short sellers..."

That’s Yi Ke’s bloody signboard!
Now, wipe it again with blood!
……

11:8 p.m. on November 9th, Eastern Time, is exactly : a.m. on the th, Beijing time.

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

Three banners!

Fang Zhuo’s conversation with Bingxin employees!
And, the Mars mobile phone 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 give gifts but found that the gift-giving function was closed this time.

"Good morning, there are quite a few of you." After talking to the employees one by one, Fang Zhuo glanced at the live broadcast and said with a smile, "Come on, this time it's our Mars 9 Pro equipped phone, but we changed the name and gave it the code name Mars 9 Commemorative Edition!"

"Oh, there are quite a few questions, right? Look at this banner. I wrote it myself. The answers are all on it!"

Fang Zhuo said this, turned his back to the camera, pointed at the banners and read one by one: "Warmly celebrate the resumption of work at Bingxin Fab1-6!"

“Warmly celebrate the breakthrough of the new Sunshine Resist!”

"Bingxin spirit, never give up!"

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

Fang Zhuo turned sideways, facing the sun's rays: "Hey, three million flying jade dragons, stirring up the Zhou Tianchi!"

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

In a peaceful world, when Yi Ke returns, there will always be people who feel cold and people who feel warm.

……

Fang Zhuo said Back, and Yi Ke came back.

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

Sina Finance was the first to publish a headline that had been brewing for a long time and that no one had ever dared to think of.

——Dark clouds press down on the city, and it seems to be destroying it; the armor shines with golden scales towards the sun!

I recommend a friend's book, "Traveling Through the Tang Dynasty: Scolding Li Er to Cry at the Beginning"

Traveling through the Tang Dynasty, Li Jue has always been cautious and careful to protect his father Li Chengqian and the entire Li Tang world.

After all, Li Tang's world is his iron-clad crop and his greatest asset for living a life of idleness and waiting for death in the future.

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

Li Jue lost his most important crops and made up his mind to become the "pot-breaker" of the Tang Dynasty.

Hum hum!
Since you won't let me live an easy life, no one in your Li family will live an easy life!