NetEase Ding Lei: What AI can do today is even more significant than it has been in the past decade

Sina Financial News On February 29, NetEase released its financial report for the fourth quarter and full year of 2023. According to the financial report, NetEase’s total revenue last year was 103.5 billion yuan, a year-on-year increase of 6.7%, breaking through the 100 billion yuan mark for the first time, in the fourth quarter of last year, NetEase’s total revenue was 27.1 billion yuan, an increase of 7% year-on-year, and the net profit attributable to shareholders reached 6.6 billion yuan, a year-on-year increase of 67%, but lower than the market expectation of 6.85 billion yuan. Although it is still growing rapidly, it is less than expected. "What AI can do today is even greater than it was in the last decade. In the conference call after the earnings report, NetEase CEO Ding Lei talked about the focus of AI attention from the outside world, and he said that from ChatGPT to the recently discussed Sora, global AI technology has advanced by leaps and bounds in the past year. Ding Lei believes that this wave of AI technology will greatly improve the quality of median content. NetEase attaches great importance to the application of AIGC in various scenarios such as games and music, and will prepare for this round of AI development.