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Chapter 321 - Chapter 321: 321 Investment

Chapter 321: 321 Investment

Chen Xu left the Tianluo Group building, feeling refreshed and invigorated. He wasn’t lying when he told Shao Qing last time that he was a petty person.

The only time he met Luo Zhenghai was at Luo Xiyun’s birthday party last year. Right after seeing him, Luo Zhenghai had turned him away on the spot.

To him, that incident seemed to have occurred decades ago, but it remained vivid in his memory.

It wasn’t a deep-seated hatred, yet he felt somehow slighted, an itch in his mind that wouldn’t go away without some form of retaliation.

After all, Luo Zhenghai would never give him a warm welcome no matter what, so there was no need for him to curry favor.

Of course, out of respect for Xiyun, he wouldn’t really do anything detrimental to Tianluo Group. At most, he’d just embarrass Luo Zhenghai to let off some steam.

After getting into the car, Chen Xu said, “To the data center.”

Secretary Jin replied, “Mr. Liu from Xuling Company just called, saying that he has something important to discuss with you.”

“Then let’s go there first,” said Chen Xu.

As the saying goes, plans can’t keep up with changes. Originally, when he started his noodle shop, it was supposed to be the beginning of his career path. Who would have thought that his next venture would bring such significant benefits?

Especially after the virtual reality equipment introduced the replay function, he had the capital to enter the IT industry. The noodle shop became somewhat redundant to him.

Now, the situation was somewhat similar. Having spent over thirty years in the Star Game, he had mastered countless advanced technologies; making money had become much easier for him. Nowadays, he preferred to dominate the upstream of the industry chain, set up labs, innovate, publish papers, and have downstream manufacturers call him ‘daddy’ thanks to his patents.

The benefit of this approach was that he didn’t need to hire too many employees, nor did he have to bother with the tiresome aspects of management. Running a lab, he would need at most a few dozen people. He could be a hands-off boss; as long as he assigned the research direction, let the professionals conduct the experiments, claimed the patents once the results were in, and even have others write the papers…

It was extremely satisfying.

Managing a large company was far from being an easy task; the larger the corporation, the more daily tasks there were to handle. The CEO of a large company being incredibly busy was no exaggeration.

Chen Xu had no desire to spend all his time on such trivia.

Xuling Company faced a similar situation. His initial plan involved using an input method as a breakthrough, then diverting traffic to translation software, and at the right time, moving into the field of artificial intelligence.

Voice input could not be underestimated, especially as the interactions between humans and machines became increasingly frequent. Before brainwave recognition technology emerged, voice was the most convenient way to input commands.

The technology wasn’t terribly difficult, yet it was far from easy. Many companies had developed voice input methods with over ninety percent recognition rate for everyday language, but as soon as it came to slightly more complex sentences, the accuracy would plummet.

This was the most challenging part. Because of the abundance of homophones and regional dialects in Chinese, and many people’s non-standard pronunciation with accents, it significantly increased the difficulty of voice recognition.

At least for now, this issue was essentially unsolvable. Chen Xu did have a solution, but the cost was prohibitive. Even with a high market share for the input method, it was not easy to monetize.

If Xuling Company wanted to make money, it would have to focus on translation software.

Chen Xu didn’t want to ponder about it anymore. If Liu Shanshan could develop the company, he would be happy about it; if not, it wasn’t a big deal to him.

…

Half an hour later, Chen Xu arrived at Xuling Company. He hadn’t visited in a while and noticed that the entire company had changed, doubling in size and having been remodeled.

He then remembered a report that Liu Shanshan had submitted to him before.

Xuling Company was no longer what it used to be. With the collaboration of Blue, Green, and Wheat, three of the top four smartphone giants in China, their input method had been pre-installed, quietly achieving the number one market share in the industry.

As for the other smartphone giant, even Yang Jinxia couldn’t do anything about it. The company wasn’t public, and however influential she was in the capital market, it had no effect on them.

After arriving at the company, someone led Chen Xu into Liu Shanshan’s office.

“What are you busy with?”

Chen Xu entered and saw her hunched over the desk, holding a pen and writing something. He casually asked.

Liu Shanshan looked up and half-jokingly complained, “Boss, you finally came. Nowadays, it’s hard to even see you.”

Chen Xu chuckled, “Here I am. Tell me, what’s the problem?”

Liu Shanshan brought a document over and said, “I’ve prepared a promotion plan and hope to get your approval.”

Chen Xu took it and began to read. He wanted to be a hands-off boss, but since Liu Shanshan was proactively consulting him, he couldn’t completely disregard it.

Currently, the input method didn’t require much resource investment for promotion. Clearly, this plan was prepared for the translation software.

He skimmed through it and immediately understood her intention of consulting him–the entire plan could be summarized in two words: burning money.

Initially, Yang Jinxia had invested one hundred million dollars, and in just a few months, a portion of it had been spent. The bulk went on renting servers. The high recognition rate of voice input was achieved through massive server resources. Translation software required even more server support.

Chen Xu’s intention in constructing the country’s largest data center hadn’t been a spur-of-the-moment decision. Future artificial intelligence development couldn’t do without the support of a data center.

Now, Liu Shanshan wanted to promote the translation software by advertising on major short video platforms to increase public awareness first. Second, collaborating with major travel agencies, targeting people who travel abroad. Third, promoting in schools for the student demographic. There were even plans to work with major airports and immigration checkpoints…

Implementing these plans, the remaining funds in the company’s accounts wouldn’t last more than a few days.

No wonder Liu Shanshan didn’t dare to make such decisions on her own and came to seek his opinion.

If she had acted first and reported later, Chen Xu would still provide the money to continue implementing the plan, but afterwards, he would definitely kick her out.

Even if he didn’t mind the day-to-day, he wouldn’t allow his subordinates to act so recklessly.

He asked directly, “Have you thought about how to generate profits?”

Liu Shanshan answered, “We’ll launch a professional paid version.”

This answer was in line with what Chen Xu had thought, but whether the invested money could be earned back, he wasn’t really sure in his heart.

“How much investment is estimated for this plan?”

Liu Shanshan replied with excitement, “One hundred million.”

“In half a year, I want to see enough results.”

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