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Xinhua News Agency plans to invest 1.12B yuan to build the Xinhua Dictionary, creating an authoritative AI-powered political news intelligence system

MeNews
ME AI News: Xinhua News Agency (603888.SH) announced that the company plans to invest in the construction of the “Xinhua Yudian” project, with a total investment budget of 1.122 billion yuan, of which 741 million yuan will be allocated by changing the use of raised funds; the shortfall will be covered with the company’s own funds. The project is intended to build an authoritative AI current-affairs and political news information intelligent agent, providing core functions such as intelligent Q&A, subscription and push notifications, a knowledge base, and an intelligent agent plaza. The project’s static investment payback period is 4.17 years, with an internal rate of return of 20.35%. (Source: ODAILY)
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