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VidAU: Leading the Future of AI Video Creation with New Investment

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SINGAPORE, July 2, 2024 /PRNewswire/ — VidAU, a promising player in the AI video creation sector, has recently secured funding from an influential anonymous fund in the industry. This angel investment will further develop VidAU’s intelligent algorithms and AI video models, enhancing the platform’s capabilities.

Making Video Creation Effortless for Everyone

VidAU is on a mission to simplify the video creation process. With VidAU, users can effortlessly create engaging videos using product links or descriptions. The platform features lifelike avatars that act as spokespersons, speaking in various languages and accents for diverse applications, including TikTok, YouTube, marketing, training videos, and more. Additionally, users can access a comprehensive suite of video editing tools such as face swapping, translation, watermark removal, and video mixing.

Rapid Market Adoption and Impressive Results

VidAU’s AI video creation platform is quickly gaining traction. The company boasts a growing active user base, including leading companies and e-commerce platforms. Clients appreciate VidAU’s efficient video creation capabilities and exceptional localized solutions, which enable them to succeed in international markets. These solutions significantly reduce content marketing costs and boost efficiency, with clients experiencing substantially improving production efficiency. VidAU also significantly enhances commercial conversion rates.

Innovative Leadership Driving Success

Under the visionary leadership of founder Joanna, VidAU has consistently focused on AI video tools and international expansion. With a predominantly technical team (over 80%), VidAU is well-positioned to capitalize on the anticipated AI boom in 2024. Leveraging extensive global experience, VidAU addresses real-world business challenges for its clients. The launch of their SaaS version, VidAU.AI, has garnered high praise for its practicality and innovation in global markets, driving strong growth momentum among users worldwide.

Customized AI Models for Brand Success

VidAU excels in accelerating the adoption of AI technology. Through AI Avatars, or AI Avatar Spokespersons, VidAU enables clients to create proprietary video domain models that align with their unique brand identity and target audience. These AI Avatars continuously self-learn and optimize performance, giving VidAU a competitive edge over rivals relying on generic industry tools.

Success Stories Highlighting Real-World Impact

VidAU’s impact is evident in its client success stories. For instance, a leading e-commerce platform used VidAU to produce numerous videos daily, achieving an adoption rate exceeding 70% and significantly improving production efficiency. Additionally, a pet supplies seller leveraged VidAU’s AI to create TikTok videos that garnered over a million views in the United States.

Pioneering the Future of Video Localization

By utilizing AI tools such as video translation and face swapping, VidAU has developed a robust model for video localization that balances efficiency and quality. This model has been successfully implemented for numerous clients in the short movie and e-commerce sectors, allowing businesses to localize their video content for global audiences seamlessly.

Looking Forward: A Commitment to Excellence

Founder Joanna outlines VidAU’s future goals:

Optimize application scenarios and partner with leading global brands to enhance model accuracy and richness, ensuring VidAU’s success in the competitive global landscape.Enhance AIGC R&D and application capabilities, deepen industry understanding, and deliver exceptional customer service to overcome global market challenges.

Discover More

Explore the full potential of VidAU’s platform at VidAU’s website: https://www.vidau.ai

View original content:https://www.prnewswire.com/news-releases/vidau-leading-the-future-of-ai-video-creation-with-new-investment-302188676.html

SOURCE VidAU

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Inner Mongolia acts as green power bank

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BEIJING, April 21, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

The Inner Mongolia autonomous region, a vast territory in northern China with immense renewable energy potential, is powering the nation’s green transition and setting an example for the world.

Wang Lixia, chairwoman of Inner Mongolia, said in a recent interview that the region’s “experience has shown that developing renewable energy doesn’t have to come at the cost of the environment. Instead, it can drive ecological restoration”.

“Meanwhile, desertification control is not just an environmental imperative; it can also fuel high-quality development,” she added.

According to a report released in March by the International Renewable Energy Agency, the capacity of global renewable power increased substantially last year, with the addition of 585 gigawatts, a record growth of 15.1 percent. China played a significant role in this growth, accounting for nearly 64 percent of the added capacity, the report said.

Wang noted that Inner Mongolia, with its abundant wind and solar resources, plays a crucial role in China’s green transition. The region has an exploitable wind energy capacity of 1.46 billion kilowatts, accounting for 57 percent of the national total, and a solar energy potential of 9.4 billion kW, which is 21 percent of the national total, she said.

“This wealth of wind and solar resources gives us confidence, and opens up endless possibilities for the growth of Inner Mongolia’s renewable energy industry,” she said.

Last year, Inner Mongolia led the nation in six key areas, including new renewable energy installations, green hydrogen production, new energy storage installations and green electricity trading volume. This makes Inner Mongolia a green power bank for northern China, Wang said. “Of every 100,000 kW of newly installed renewable power capacity nationwide, over 10,000 kW is generated in Inner Mongolia,” she said.

“Our total installed renewable power capacity has surpassed 135 million kW, exceeding that of coal-fired power. We are the first provincial-level region in China to surpass 100 million kW of renewable power capacity,” she added.

Last year, Inner Mongolia’s renewable energy output increased 27.6 percent, exceeding 210 billion kilowatt-hours, which is equivalent to twice the annual output of the Three Gorges Dam.

Renewable energy contributes 25 percent of the region’s total electrical power generation. “It is equivalent to saving 66 million metric tons of standard coal, enough to meet Inner Mongolia’s heating needs for three years, while reducing carbon emissions by 180 million tons annually,” Wang said.

As the autonomous region pushes its renewable energy development, it is also exploring ways to utilize its renewable power resources and expand its electrical equipment manufacturing industry.

“We are advancing our green hydrogen, ammonia and methanol industries, converting green electricity into green products,” Wang said. “We have also established the nation’s largest computing power base with nearly 80 percent of the energy sourced from renewables.”

These efforts helped Inner Mongolia reach a renewable energy utilization rate of 94 percent last year, with green electricity accounting for nearly one-third of the total consumption.

The economic impact has also been impressive. In 2024, the total added value of renewable energy and related industries in Inner Mongolia grew 20.1 percent year-on-year, with new energy equipment manufacturing up more than 40 percent, Wang noted.

At the same time, exports of electric vehicles, lithium-ion batteries and solar panels soared 45.3 percent to 4.18 billion yuan ($573 million), according to customs data.

While the region is ramping up efforts for the manufacturing and export of new energy equipment, its ecological restoration efforts, particularly in the Kubuqi Desert, have gained global recognition.

Once known as the “Sea of Death”, the desert has become a model for integrating ecological restoration with new energy development. In 2014, the United Nations Environment Programme designated the desert as an ecological economy demonstration zone.

The Kubuqi model integrates solar power generation with agriculture and animal husbandry, as photovoltaic panels are used to provide canopies that help enhance plant survival and support the growth of drought-resistant crops, Wang said.

This approach tackles desertification, advances renewable energy development and helps increase local people’s income, achieving multiple benefits simultaneously, she said.

The area, which until 2017 remained largely barren, was covered by an array of solar panels by the end of last year. In December, the NASA Earth Observatory released satellite images showing what has been dubbed as Kubuqi’s “Solar Great Wall”.

“Stretching 400 kilometers, with an average width of 5 km, the project, once completed, will help restore vegetation on about 200,000 hectares of the desert and generate 180 billion kWh of electricity annually, serving as both a ‘blue energy wall’ and a green ecological barrier,” Wang said.

View original content:https://www.prnewswire.com/news-releases/inner-mongolia-acts-as-green-power-bank-302434068.html

SOURCE chinadaily.com.cn

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XCharge Showcases Revolutionary Battery-Integrated Charging Solution at Electric Vehicle Innovation Summit (EVIS) 2025 in Partnership with Powertech Mobility

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ABU DHABI, UAE, April 22, 2025 /PRNewswire/ — XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, is proud to showcase its Net Zero Series (NZS) in partnership with Powertech Mobility at the Electric Vehicle Innovation Summit (EVIS) 2025, taking place from April 21 to 23 at the Abu Dhabi National Exhibition Centre (ADNEC).

The Net Zero Series is being featured at Powertech Mobility’s booth Stand 716, Hall 3, where attendees can view a dedicated video display highlighting NZS’s cutting-edge features, including its Smart Energy Management System and advanced energy optimization capabilities. Visitors can also scan an on-site QR code for more detailed product information.

Next-Gen Battery-Integrated DC Fast Charging

The NZS represents a first-of-its-kind battery-integrated DC fast charger. Equipped with a 233kWh lithium-ion battery pack (expandable to 466kWh), the NZS delivers up to 210kW output power – regardless of site power constraints – ensuring seamless, high-speed EV charging across a variety of locations.

The integrated energy storage system allows operators to store electricity during off-peak hours and discharge it when grid demand and energy prices peak. This supports grid stabilization, reduces electricity costs, and enhances operator revenue through peak-shaving capabilities. With its intelligent energy management system, the NZS supports multiple operational modes to accommodate diverse site needs.

Smart B2G/B2X and Solar Integration for a Greener Future

The NZS also enables bidirectional energy flow (B2G/B2X), allowing it to supply power back to the grid or power buildings and appliances. For instance, the system can charge overnight and help support a building’s energy needs during peak daytime hours.

Additionally, the system can be upgraded with photovoltaic (PV) integration, making it particularly well-suited to regions rich in solar energy. This enhances sustainability by enabling renewable energy to directly support charging operations.

Accelerating Fast-Charging Infrastructure in the MENA Region

As the MENA region continues to accelerate the development of EV infrastructure, the NZS offers a revolutionary, future-ready charging solution that combines high power, energy storage, and flexible deployment. Requiring only 30 to 60kW of input power, it avoids the need for major infrastructure upgrades and enables quick and simple installation.

This makes the NZS especially well-suited for municipalities, energy providers, and charge point operators (CPOs) across the region seeking to rapidly expand access to high-power EV charging and lay a robust foundation for a smooth and scalable transition to electric mobility.

About XCharge

XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. The Company offers comprehensive EV charging solutions which primarily include the DC fast chargers, the advanced battery-integrated DC fast chargers, as well as their accompanying services. Through the combination of XCharge’s proprietary charging technology, energy storage system technology, and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working towards establishing a global green future that is critical to long-term growth and development.

For more information, please visit: https:/www.xcharge.com/

About Powertech Mobility

Powertech Mobility is a leading distributor of electric vehicle chargers (EVCs) in the UAE. We deliver an end-to-end EVC solutions which include, hardware supply & installation, software, after sales servicing and maintenance, and mobile EVC rentals. We offer a diverse portfolio of AC & DC chargers through its partnerships with leading manufacturers of EVCs. Its offering also includes a charge point management system (CPMS), branded as “ELVIS” and developed in collaboration with its partners, Numocity & Gaadin. Powertech Mobility is a proud partner of XCharge range of products in the UAE since 2024.

For More information, please visit: https:/www.powertechmobility.com/

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Photo – https://mma.prnewswire.com/media/2668826/20250421145126.jpg

View original content:https://www.prnewswire.co.uk/news-releases/xcharge-showcases-revolutionary-battery-integrated-charging-solution-at-electric-vehicle-innovation-summit-evis-2025-in-partnership-with-powertech-mobility-302433226.html

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Gaotu Techedu Announces Changes in Board and Committee Composition

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BEIJING, April 22, 2025 /PRNewswire/ — Gaotu Techedu Inc. (NYSE: GOTU) (“Gaotu” or the “Company”), a technology-driven education company and online large-class tutoring service provider in China, today announced that Mr. Ming Liao has tendered his resignation as an independent director of the Company for personal reasons, effective on April 22, 2025. Mr. Ming Liao also stepped down as a member of the audit committee and the compensation committee, and the chair of nominating and corporate governance committee on the same date. The resignation of Mr. Ming Liao does not result from any dispute or disagreement with the Company.

The Company further announced the appointment of Mr. Hao Sun as a new independent director, a member of the audit committee and the compensation committee, and the chair of nominating and corporate governance committee of the Board, effective on April 22, 2025. The Board has determined that Mr. Hao Sun satisfies the independence requirements under Section 303A of the Corporate Governance Rules of the New York Stock Exchange and Rule 10A-3 of the Exchange Act.

Mr. Hao Sun has been a Tenured Associate Professor in the Gaoling School of Artificial Intelligence at Renmin University of China since September 2021. Previously, Mr. Sun held Tenure-Track Assistant Professor positions at the Northeastern University, Boston from 2018 to 2021, and at the University of Pittsburgh from 2017 to 2018. Mr. Sun received his bachelor’s degree in civil engineering from Hohai University in 2010, his master’s and Ph.D. degrees in engineering mechanics from Columbia University in 2011 and 2014, respectively, and completed his postdoctoral training at MIT during 2014 to 2017. Mr. Sun’s research focuses on interdisciplinary AI with applications spanning science, engineering, and education. Mr. Sun has authored 80 peer-reviewed publications in top-tier journals such as Nature Machine Intelligence and Nature Communications, as well as leading AI conferences including ICLR, NeurIPS, and KDD. Mr. Sun has received multiple awards including Forbes “30 Under 30”: Science in 2018, MIT Technology Review Intelligent Computing Innovator Award of China in 2022, and AI100 Innovators: Young Pioneers in AI of China in 2025.

The Company extends its sincere gratitude for Mr. Ming Liao’s dedication and invaluable contributions and wishes him all the best in his future endeavors. At the same time, the Company is pleased to welcome Mr. Hao Sun to the Board.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s ability to continue to attract students to enroll in its courses; the Company’s ability to continue to recruit, train and retain qualified teachers; the Company’s ability to improve the content of its existing course offerings and to develop new courses; the Company’s ability to maintain and enhance its brand; the Company’s ability to maintain and continue to improve its teaching results; and the Company’s ability to compete effectively against its competitors. Further information regarding these and other risks is included in the Company’s reports filed with, or furnished to the U.S. Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

About Gaotu Techedu Inc.

Gaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers learning services and educational content & digitalized learning products. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates every aspect of the Company’s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.

For further information, please contact:

Gaotu Techedu Inc.
Investor Relations
E-mail: ir@gaotu.com

Piacente Financial Communications
Brandi Piacente
Tel: +1 212 481-2050
Jenny Cai
Tel: +86 10 6508-0677
Email: Gaotu@tpg-ir.com 

View original content:https://www.prnewswire.com/news-releases/gaotu-techedu-announces-changes-in-board-and-committee-composition-302434005.html

SOURCE Gaotu Techedu Inc.

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