Meizu Moves Away From Smartphone Business, Will Invest All in AI 18
Meizu is quitting the smartphone business. The company, owned by car maker Geely, said AI is the future and will invest "All in AI". From a report: According to a post on Weibo, the FlymeOS team will be restructured into working on new AI terminal devices that will use globally available LLM (large language model) such as Open AI. Meizu already laid the cornerstones of its multi-terminal experience when it announced Flyme Auto -- an infotainment system for Geely-made vehicles, including Polestar and Lotus, which connects seamlessly with FlymeOS 10 devices, such as the Meizu 20 and Meizu 21 flagships.
According to Shen Ziyu, Chairman and CEO of Xingji Meizu Group, smartphone users take longer to upgrade -- an average of 51 months, which is more than 4 years. The added companies now offer comparable performance in smoothness, photography, and software features. That's why there will be no Meizu 21 Pro, Meizu 22 and Meizu 23 series.
According to Shen Ziyu, Chairman and CEO of Xingji Meizu Group, smartphone users take longer to upgrade -- an average of 51 months, which is more than 4 years. The added companies now offer comparable performance in smoothness, photography, and software features. That's why there will be no Meizu 21 Pro, Meizu 22 and Meizu 23 series.
Gold rush fad afoot! (Score:3)
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Webcam at least did something people wanted. Their failure was caused by trying to expand 10x across the country all at once. Had they tried a more reasonable expansion they had a chance.
These guys are fucked. Look to the future when Geely takes a write off when they dump this division.
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Lol, god damn it. Webvan. :-)
One of the iOS patches about 2 months ago seemed to fuck up autocorrect extra badly.
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Your new autocorrect must be powered by AI. :)
Too bad they got acquired (Score:3)
Would have been a great short sell.
My company sells $object but we're going to cease all $object related business and forgo that revenue and the investment in people and physical plant to go to crypto, I mean quantum computing, no wait, it was NFT apes, I mean AI! Yes AI is the total future!
Umm OK... (Score:2)
Dude, you can't make a phone .. but you can do AI? You can't figure out how to control a phone's system .. which is basically a modem, camera, and display .. and now you're gonna control a car?
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You have no idea what other things I cannot do, too!
The Woke Bomb (Score:2)
AI is the future and will invest "All in AI"
Oh for FUCKS sake. Seriously? It’s like watching Dot Bomb pitch investments in Woke savings bonds.
When the hell are we gonna learn.
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What are you even babbling about? AI, woke, dot com...?
Well thank you for confirming why we haven’t learned how to avoid repeating history again. As if “All in on AI” right now is much better than your average vaporware plan from the .bomb era of failures. Maybe we’re not quite Woke enough on AI. Clearly not enough are Broke yet.
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Don't blame this on progressives. There are plenty of conservative rich fucks investing in it also. It's crapitalism.
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Well, they had to go somewhere now that the Dunning-Krugerrands collapsed at the same time as the real estate bubble is about to pop. They gotta throw their money somewhere.
Entre-manure (Score:3)
Whenever your startup fails, just "go into" AI (or the latest tech fad), and gullible investors will give you money to stay alive until you can hop to the next next big thing. It's next big things all the way down, a Ponzi scheme in disguise.
Pivot! (Score:1)
Dear Meizu M6 mini player (Score:1)
hah (Score:1)