Xiaomi Enters the AI Glasses Market, Aiming for Meta Ray-Ban, with Launch Expected in Q2 2025

Xiaomi Enters the AI Glasses Market, Aiming for Meta Ray-Ban, with Launch Expected in Q2 2025Xiaomi is planning to launch a new generation of AI glasses, and has already partnered with Goertek to manufacture them. The product is expected to be released in the second quarter of 2025

Xiaomi Enters the AI Glasses Market, Aiming for Meta Ray-Ban, with Launch Expected in Q2 2025

Xiaomi is planning to launch a new generation of AI glasses, and has already partnered with Goertek to manufacture them. The product is expected to be released in the second quarter of 2025. It is understood that Xiaomi AI glasses will be directly comparable to Meta Ray-Ban, featuring AI functions, audio earphone modules, and camera modules. They will be launched under Xiaomi's own brand. Xiaomi founder Lei Jun expects the product to ship "over 300,000 units."

Beyond Xiaomi's entry into the AI glasses market, there were other notable events in the tech industry this week:

Bitcoin Price Surpasses $90,000, Setting a New All-Time High

On November 13, Bitcoin price broke through $90,000 per coin, reaching a peak of $93,200, setting a new all-time high. Bitcoin has gained over 110% in value this year. Industry experts attribute this surge in bitcoin investment to U.S. President Trump's friendly stance towards cryptocurrencies since taking office.

NetEase Announces Halt of Content Development for Three Games and Closure of Some Servers

NetEase announced that, due to adjustments in their game development and operation strategy, they will cease further content development for "War Roar," "Taya Epic," and "Mobile City Alpha," and will close some servers starting at 3 pm on January 13, 2025. Previously, NetEase also announced the discontinuation of the official version of "Pokmon Quest," with operation ending at 3 pm on February 10, 2025.

Dingdong Maicai Officially Launches Overseas Expansion, Targeting Saudi Arabia First

Dingdong Maicai has recently launched its overseas expansion, with Saudi Arabia in the Middle East as its first target market. Dingdong Maicai will primarily sell pre-made meals to local customers, while also offering fresh produce, cold storage, and general merchandise. Currently, Dingdong Maicai is forming a localized team in Saudi Arabia and recruiting for positions in areas like product management, operations, customer service, purchasing and sales, and government relations. Some roles are based in Riyadh, Saudi Arabia, and require proficiency in English and Arabic. Additionally, Dingdong Maicai's recruitment program for new graduates has added an international business management position to cultivate future leaders for overseas expansion.

Tencent Reports 19% Increase in Third-Quarter Profit, Revenue Reaches 167.19 Billion Yuan

Tencent published its third-quarter financial report, showing revenue of 167.19 billion yuan, gross profit of 888.28 billion yuan, and operating profit of 612.74 billion yuan. These figures represent year-on-year increases of 16% and 19%. Value-added services revenue reached 826.95 billion yuan, increasing by 9% annually. Driven by the growth of video accounts, mini programs, WeChat search ads, and AI technology application, marketing service revenue saw a 17% year-on-year increase to 299.93 billion yuan. The financial technology and enterprise services segment generated 530.89 billion yuan in revenue, a 2% year-on-year rise. Additionally, Tencent's third-quarter network game revenue hit 518 billion yuan, up 12.6% year-on-year, with "King of Glory" and "Peace Elite" both experiencing year-on-year growth in revenue.

AMD Announces Layoffs of Around 4%, Focusing on "Biggest Growth Opportunities"

AMD stated that it will lay off about 4% of its global workforce to concentrate on "biggest growth opportunities." In a statement, an AMD spokesperson said, "To align our resources with our biggest growth opportunities, we are taking a number of targeted actions. Unfortunately, these actions will result in a reduction of our global workforce of approximately 4%."

Nvidia Partners with SoftBank to Build AI Infrastructure in Japan

Nvidia founder and CEO Jensen Huang announced a partnership with SoftBank to build AI infrastructure in Japan, aimed at accelerating development in robotics, automotive, healthcare, and telecommunications industries. SoftBank will use Nvidia's Blackwell platform to build an AI supercomputer, and plans to utilize Nvidia's GraceBlackwell platform in its next-generation supercomputer.

The array of events this week in the tech world demonstrates that tech companies are heavily investing in AI and actively expanding into overseas markets. The future trends in technological development are worth watching.