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CEO Wang Xing: MEITUAN-W Will Continue to Magnify Investment in Developing LLMs
MEITUAN-W (03690.HK)(MPNGY.US) CEO Wang Xing remarked at the conference call for the results announcement that about 52% of new code is generated by AI at the moment, and more than...
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CEO Wang Xing: MEITUAN-W Will Continue to Magnify Investment in Developing LLMs
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MEITUAN-W (03690.HK)  -1.700 (-1.287%)    Short selling $428.29M; Ratio 12.623%   (MPNGY.US)      CEO Wang Xing remarked at the conference call for the results announcement that about 52% of new code is generated by AI at the moment, and more than 90% of the engineering team members extensively use AI coding tools, Chinese media reported. The company will continue to magnify investment in developing large language models (LLMs).

Meituan is allocating resources to infrastructure and is recruiting top AI talent to ensure the best team in this field in Mainland China, the CEO revealed.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-28 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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