The stocks of Cheer Holding, Inc. (NASDAQ: CHR) surged significantly during the latest trading session, increasing by 35.32% and closing at $3.18. Despite the absence of new data, the notable uptick in Cheer Holding’s stock value suggests potential forthcoming events that may shed light on the company’s trajectory.
Cheer Holding (CHR) has achieved a significant milestone with the recent receipt of a renowned patent certificate from the National Intellectual Property Administration. This accomplishment highlights the company’s pioneering efforts in artificial intelligence (AI), notably demonstrated by the creation of the “Method and System for Establishing an Artificial Intelligence Question-Answering Knowledge Base.”
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In the swiftly evolving realm of AI technology, understanding information presents a significant challenge. Acknowledging this, the China State Council’s “Next-Generation Artificial Intelligence Development Plan” underscores the crucial role of information comprehension as a fundamental technology.
Cheer Holding’s innovative invention introduces a novel approach to constructing an AI question-answering knowledge base. Through advanced data processing techniques, the method involves several crucial steps, including the collection of input sentences from an AI cloud platform and the meticulous extraction of question texts while filtering out extraneous characters.
By converting characters into numerical representations, the system facilitates the identification of essential information phrases, thereby streamlining the processing of input sentences and expediting the creation of an advanced AI question-answering knowledge base. The acquisition of the national invention patent further solidifies Cheer Holding’s position as a leading entity in the realm of Artificial General Intelligence (AGI).
It reaffirms CHR’s core competencies and underscores its commitment to driving transformative progress in the AI domain. Additionally, Cheer Holding’s subsidiary, Glory Star (Beijing) Media Co., Ltd., has recently earned the prestigious designation of National High-Tech Enterprise for the second time.
This recognition, in accordance with the provisions outlined in the Enterprise Income Tax Law of the People’s Republic of China and the associated tax incentives for high-tech enterprises, affords the company access to national policies aimed at fostering the growth of high-tech businesses, thereby enhancing its financial performance and market standing.
