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Huawei, Alibaba, and 20 other organizations released a self-discipline convention for the development of intelligent entities

According to Gelonghui, citing the China Academy of Information and Communications Technology, on November 4, a joint release of the "Self-Regulatory Convention for the Development of Intelligent Agents" was made by 20 entities including the China Academy of Information and Communications Technology, Huawei, Alibaba, Tencent, and Xiaomi.The convention mentions the construction of interconnected infrastructure for intelligent agents, co-building interoperable infrastructure, developing technologies and standards for intelligent agent registration and resolution, capability description and discovery, intent understanding and transformation, network routing and connection, resource scheduling and measurement, protocol compatibility and mutual recognition, continuously reducing the cost of cross-domain discovery and connection for intelligent agents, and supporting the interconnected collaboration of intelligent agents.The convention also mentions accelerating the empowerment of intelligent agents across various industries, adhering to serving the real economy, developing low-threshold tools for intelligent agent development and deployment, collaborating on research and development of intelligent agents aimed at real operational scenarios that create actual value, promoting the embedding of intelligent agents into existing production systems and business processes, creating benchmark applications, continuously reducing the cost of implementing intelligent agents, and assisting industries in improving quality and efficiency.

Alibaba internal testing AI film creation platform Looogen supports local Agent and dual-mode operation

According to "Du Jia," Alibaba is conducting internal testing of the AI film and television creation platform "Looogen," with the slogan "Logical, Self-Produced." This product is positioned as a local agent for short drama and video production, capable of completing script breakdowns, shot design, character and scene material generation, voiceover and music production, and final editing through dialogue, while managing multi-episode material packages and on-set assets, supporting white model rehearsals and video expansion.Looogen offers a desktop client and local operation, supporting Windows and macOS (Intel/Apple dual chips), and provides the capability for private deployment and access to proprietary model channels. All creative sessions, generated materials, and final products are stored on local devices, forming a local closed loop in terms of data and copyright.The product offers two switchable operational modes: the film and television agent dialogue mode, driven by natural language commands for AI to automatically complete the entire process; and the film and television suite workstation mode, where creators can manually enter independent process modules for refined control. The internal test version is equipped with multiple models including Seedance 2.0, supporting three video ratios of 21:9, 16:9, and 9:16, as well as resolutions from 480P to 1080P. The product is still in the internal testing phase, and features and pricing may be adjusted, subject to official information.

JPMorgan Chase: The probability of the Democratic Party sweeping both houses is 66%, while the Republican Party maintaining control of both houses is most beneficial for the U.S. stock market

JPMorgan conducted a scenario analysis on four potential congressional power combinations following the U.S. midterm elections. Among them, the probability of the Democratic Party winning control of both the House and Senate is the highest at 66%; the Republican Party's chance of retaining both chambers is only 7%, but this corresponds to the largest expected increase in the S&P 500 index among the four scenarios. In the scenario where the Democratic Party controls both chambers, the S&P 500 index could drop by 0.25% or rise by 0.5%. Concerns about stricter AI regulations and restrictions on data center construction may trigger a sell-off in AI concept stocks.JPMorgan believes that even if legislation restricting the development of the AI industry is passed by Congress, it would be difficult to gather enough votes to override Trump's presidential veto. Therefore, it suggests that traders consider buying during pullbacks in tech stocks. Fiscal deficit spending may decrease, and long-term U.S. Treasury yields could face downward pressure. Some corporate executives associated with Trump's political donations may face greater risks of congressional investigations. The probability of the Democratic Party controlling the House and the Republican Party controlling the Senate is 26%, with the S&P 500 index expected to rise by 0.5% to 1%. The market may welcome the legislative stalemate brought about by the distribution of power, leading to a potential decline in long-term U.S. Treasury yields, although some companies and their leaders may still face congressional inquiries.In the scenario where the Republican Party retains both chambers, the S&P 500 index is expected to rise by 1% to 1.25%. The market would not have to immediately face new congressional regulatory risks, and the additional policy pressures on tech companies would also be relatively limited; however, fiscal deficit spending may further increase, pushing long-term U.S. Treasury yields higher, and Trump may continue military actions against Iran. The probability of the Republican Party controlling the House and the Democratic Party controlling the Senate is 1%, with the S&P 500 index expected to rise by 0.25% to 0.75%. A split Congress could lead to more intense budget battles, potentially resulting in a federal government shutdown, and the Democratic Party could still conduct congressional investigations after gaining control of the Senate.
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