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China’s Gen Z investors are turning fund managers into social media stars

On a fan community page on Chinese social media platform Weibo, hundreds of users have posted comments and pictures, some covered in little red hearts, to express their admiration for a star they affectionately call Kun Kun. “Kun Kun flies bravely, iKun will always follow him; Kun Kun never gets old, and will remain a blue-chip till the end,” some users wrote alongside the picture. “Kun Kun,” whose full name is Zhang Kun, is neither a pop star nor actor. Instead, he is one of China’s most prominent fund managers who oversees around 120 billion yuan ($18.6 billion) in assets at E Fund Management, an established Chinese asset management firm. Zhang’s followers, who label themselves “iKun,” (“i” is a homophone for the Chinese word love), have also created accounts on Weibo posing as his “global fan clubs.” “Kun Kun, I would like to accompany you for many, many years,” a follower wrote. “Let’s witness both the bull and bear markets, but still return with young hearts.” ...
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BAIDU KUNLUN IS THE FIRST CHIP OF BAIDU AND SAMSUNG COOPERATION

Baidu and Samsung announced on Tuesday that Baidu Kunlun, Baidu’s first cloud-to-edge artificial intelligence acceleration processor, has completed development. Moreover, it will begin mass production early next year.

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Baidu Kunlun

With the computing power and energy efficiency of this chip, Baidu can support multiple functions, including large-scale artificial intelligence computing. The latter mainly refers to the deep learning platforms such as search ordering, speech recognition, image processing, natural language processing, autonomous driving, etc.

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Baidu Kunlun

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‘We are excited to lead the HPC industry together with Samsung Foundry,’ said OuYang Jian, Distinguished Architect of Baidu. ‘Baidu KUNLUN is a very challenging project since it requires not only a high level of reliability and performance at the same time, but is also a compilation of the most advanced technologies in the semiconductor industry. Thanks to Samsung’s state of the art process technologies and competent foundry services, we were able to meet and surpass our goal to offer superior AI user experience.’

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