Shares of DEEPEXI TECH (01384.HK) surged 16.29% after founder and CEO Zhao Jiehui published an article outlining the company's focus on creating "memory mechanisms" for artificial intelligence models.
"The transition from stateless large models to stateful intelligent systems hinges on the 'memory mechanism'," Zhao wrote. He said that over the past three years, much of the work on the company's intelligent agent platform has focused on creating a usable memory system for large models.
The stock opened 0.6% higher before climbing throughout the session, peaking at HKD77.65. It closed at HKD72.8 as 17.17 million shares changed hands, generating a total turnover of HKD1.21 billion.
Zhao's article suggests the company is tackling a core challenge in AI development. The effectiveness of the memory mechanism, he noted, "directly determines both sides of the token economy equation," linking the technological advance to the financial viability and efficiency of AI applications and potentially re-rating its valuation in the eyes of investors.
This article is for informational purposes only and does not constitute investment advice.
