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CHINA UNICOM Says Cost Control Yields Results, Actively Integrating Open-Source Models
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CHINA UNICOM (00762.HK) Chairman and CEO Chen Zhongyue stated that, in response to artificial intelligence (AI), the company is gearing up to focus efforts on multiple fronts, including infrastructure, datasets, foundation models, intelligent agents, and AI security. He added that the company will actively integrate open-source models while concentrating on industry-specific models in areas such as industries, economy, healthcare, and urban governance. CFO Li Yuzhuo noted that the company yielded some success in cost control last year and believed this can be sustained moving forward. China Unicom anticipated robust growth in revenue, profit, and return on equity this year. The company’s full-year invesment on fixed assets is set at RMB55 billion, with computing power investment rising 28% YoY. Additionally, special budget provisions have been set aside for key AI infrastructure and major projects. AAStocks Financial News |
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