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May 13 (Yonhap) -- Hyundai Motor Group announced on Wednesday that it will join an autonomous vehicle demonstration project led by the Gwangju city government in southwestern South Korea to test and advance its mobility solutions. Hyundai Motor and Kia Motors signed a memorandum of understanding in Gwangju with the Ministry of Land, Infrastructure and Transport, the Gwangju city government, and mobility startups including Autonomous A2Z and Ride Flux. Under the agreement, the two automakers will develop approximately 200 autonomous vehicles based on the Ioniq 5 electric car and operate autonomous mobility services in Gwangju, including vehicle dispatching and fleet control operations.
On May 13th, at the opening ceremony of the Create2026 Baidu AI Developer Conference, Baidu founder Robin Li proposed that the metric for the AI era might be "Daily Active Agents" (DAA), corresponding to the most commonly used metric in the mobile internet, "Daily Active Users" (DAU). Li stated that the current metric closest to industry consensus is token consumption, but tokens dont necessarily represent the end result; they represent costs, not returns; they measure input, not output. "When humanity enters the era of intelligent agents, to measure the prosperity of a platform and ecosystem, we should focus more on the DAA metric, on how many agents are working for humanity and delivering results. This is closer to value and closer to the essence than pointless token consumption."
According to Yonhap News Agency, Hyundai Motor Group will test AI-powered autonomous vehicles in Gwangju.
The Hang Seng Tech Index fell by more than 1%, while the Hang Seng Index fell by 0.2%.
Most Hong Kong-listed film and entertainment stocks fell, with NetEase (09999.HK) down more than 5%, and Tencent Music (01698.HK) and Huanxi Media (01003.HK) down more than 4%.