Group 1 - Luo Yonghao has officially initiated a strategic partnership with Baidu Youxuan, set to launch its first live broadcast on May 23, marking his first collaboration with an AI-driven e-commerce platform after Douyin and Taobao [1][4] - The partnership is based on a mutual understanding of the transformative potential of AI technology in e-commerce, aiming to enhance user experience through quality product offerings and intelligent e-commerce solutions [1][4] - Baidu Youxuan, launched in 2023, is an AI-driven smart e-commerce platform that integrates search, live streaming, video, and shopping, facilitating deep connections between users and products [4] Group 2 - Luo Yonghao's company, Xihongxian Technology, has pivoted from AR to AI due to technical challenges and market competition, having raised approximately $50 million in angel funding with a post-investment valuation of $200 million [1][2] - The company has recently laid off its hardware team, retaining only about 20 software engineers to focus on AI software development, indicating a strategic shift towards enhancing AI product offerings [2] - The collaboration with Baidu Youxuan is expected to inject new momentum into the e-commerce sector ahead of the "6.18" shopping festival, potentially reshaping the landscape of e-commerce growth [4]
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