Reaching the age of thirty, my income randomly doubled-Chapter 933 - 696: Major Actions

October 18th.

Chen An’an and three girls were in the university dormitory setting up a large screen to watch the launch of the Tengfei AI Phone alongside over a million online viewers.

Prior to the launch, there had already been a three-month intensive promotion across the entire network.

Now, it was just the official start of the launch.

Alongside the launch, thousands of physical Tengfei AI offline sales stores, funded by an investment of over ten billion, were also opened.

These sales stores offered not only phones but also cars, tablets, and a range of small smart home appliances.

Those were just complementary.

Undoubtedly, Tengfei AI had officially entered the smart home, including the mobile phone sector.

And on the afternoon of October 18, 2025.

Chen Pingsheng also officially announced through the Tengfei AI Group that over 25 billion US dollars would be invested in AI over the next five years.

To comprehensively assist domestic enterprises, including his own, to win the future AI battle.

AI is not just simple online Q&A and search; it will penetrate every aspect of various industries.

Nobody knows who will be eliminated by AI next, but without a doubt, AI is key to industrial upgrading and winning the future technology war.

After the domestic real estate industry slumped, achieving economic revitalization requires industrial upgrading.

Simply put, although the domestic industrial chain is complete, most belong to mid-to-low-end processing.

High-end instruments, including precision machining and patent technology.

Can be said to be largely controlled by overseas tech giants.

For example, for every domestic brand phone sold, most of the profit needs to be handed over to Google, including Samsung or Qualcomm.

This is the absolute advantage of mastering technology; just a year of patent fees is beyond imagination.

And the country is developing intensively in this area to break the blockade, and keep most of the profits of tech products within its own hands.

Chen Pingsheng personally investing another 25 billion US dollars in AI can be considered a unique decision.

It’s also the domestic private enterprise with the highest investment in AI, bar none.

25 billion US dollars seems like a lot, but it’s just cashing out 1% of Google’s shares.

As for the newly built super factory for phones, including the future Tengfei New Energy Cars super factory.

Most of them will use Tengfei AI robots to replace basic labor.

A small portion will still use skilled workers.

The ratio of robots to skilled workers in a super factory reached 5:5.

That is, fifty-fifty.

In a way, this will significantly reduce labor costs, giving his own Tengfei Automobile and Tengfei AI Phones sufficient global cost advantages.

This is something that can’t be helped; once cost advantages are lost, the patents and tech content on his side still lag behind those of the leading global tech giants. ƒreeωebnovel.ƈom

First, gain a foothold globally, then talk about surpassing them.

Whether it’s Tengfei AI or the early Tengde Era and Tengfei New Energy, it can be said they only succeeded with massive capital investment.

There’s no such thing as small investments yielding big returns; everything is based on large input and large output.

This is the main reason why general private enterprises find it difficult to enter the technology field.

The required capital is unimaginable for most people.

Even capital is unwilling to invest money into such small businesses unless you’ve made a certain reputation.

Chen Pingsheng’s 25 billion US dollar investment still caused a stir in the entire domestic AI scene.

Everyone says AI is hot; domestic search giant Baidu started it first.

The result has always been input without seeing output, and after a few years, the bosses thought this wasn’t right and cut more than half directly.

Later, countless people followed suit, as if for a moment all global tech giants, including big capital, were saying the future belongs to AI.

But what really is AI?

No one could say for sure, nor how it would specifically profit.

Even Apple, which originally planned to make cars, gave up after researching for several years.

Does Apple lack money?

With more than 100 billion US dollars in profit annually, who can compare?

The key point is that it proposed a statement that led to its withdrawal from car manufacturing, saying that the ultimate point of making cars is still AI.

Since that’s the case, why make cars at all, and directly develop AI?

Meanwhile, the founder of another giant, Facebook, also announced an investment of 60 to 65 billion US dollars into the AI industry.

NVIDIA is also leading the way.

One could say that the industry has reached a level of heat that can’t be compared to new energy vehicles, including mobile phones.

Everyone announces investment amounts of hundreds of billions of US dollars at the drop of a hat.

It’s enough to make capital weep.

To date, countless giant groups in the domestic market have also been pushing AI.

But the only one brave enough to announce an investment of 25 billion US dollars in this sector over five years is Chen Pingsheng.

With the additional investment over these three years, he has already invested over 350 billion US dollars in the AI field.

If results still não show, there’s not much he can do.

After all, the remaining significant unliquidated shares in his hand now are only 1.5% of NVIDIA’s.

Based on NVIDIA’s current market value, it’s roughly worth 45 billion US dollars.

Converted to RMB, that’s more than 300 billion.

There’s also 2% of TikTok, currently valued at about 10 billion US dollars.

He’s also planning to sell these shares to Teng You Media.

As for his shares in Tengde Era and Tengfei New Energy, he doesn’t plan to touch them for a few years.

There’s no need to touch them anyway.

Besides investing in AI, he doesn’t have many other places to spend money; he’s already spent on most necessary things.

Whether it’s the over 40 billion invested in the super cruise ship, the seven-star Two Mountains Hotel, or the hundreds of billions fund for building Tengfei Future Science and Technology University.

He has fully paid for this already.

Even the 160 billion-independent-investment on the Tengfei AI Phone is the same; left and right, there aren’t many other big spending areas to be found at home.

No matter how squanderous Er Piya might be, she at most spends tens of billions of profit in a year.

It wouldn’t affect the family at all.

And this AI battle, it won’t be a short-term battle, but a long-term battle spanning five, ten, or even twenty or thirty years.

250 billion US dollars is only to keep Tengfei AI from falling behind in the AI war over the next five years.

Winning truly would require at least another 250 billion US dollar investment, in addition to the entire group’s unity and joint effort.

The key to this battle is that, if he wins or even stabilizes.

Regardless of whether it’s Tengfei New Energy Cars or Tengfei AI Phones, they will be unstoppable globally.

Because these are all based on certain AI technology for product upgrades.

This is also the main reason he must continuously pour money into this field.

It can roughly be described as "advance or retreat."

Either advance boldly or retreat steadily like Baidu once did.

There’s no other way.

Big investments in the technology industry, the biggest taboo is hesitation and indecision.