Kunlun Wanwei announced its latest financial and business progress in its third quarter report of 2023, showing that the company achieved operating income of 3.68 billion yuan in this quarter, an increase of 8% from the same period last year. This growth reflects the company's continuous expansion and optimization in multiple business areas.
In terms of R&D, Kunlun Wanwei increased its investment, and the R&D expenses in the third quarter reached 620 million yuan. This significant increase in this figure shows the company's emphasis on technological innovation. Especially in the fields of artificial intelligence and big models, Kunlun Wanwei has accumulated enough computing power, which is expected to meet the needs of the next 1 to 2 years. In addition to video AIGC (artificial intelligence generated content), the computing power requirements of other big models can be met.
In addition, Kunlun Wanwei's layout in overseas markets has also made important progress. The company launched Aria, the AI assistant of Opera browser that integrates cutting-edge AI functions. This innovative product not only improves the user experience, but also marks Kunlun Wanwei's leading position in the global AI technology application field. The launch of Aria is expected to further enhance the company's competitiveness in the international market.
Overall, through continuous technological innovation and overseas market expansion, Kunlun Wanwei not only achieved steady financial growth, but also demonstrated its strength and vision as an industry leader in technology application and market layout.