00:00At the moment, we see many challenges Europe is facing.
00:04Energy security from fossil fuel, especially after the Middle East war.
00:10The inflation caused by the war with energy.
00:15And also the expensive costs for manufacturing on electricity.
00:22At the same time, there are lack of growth in this region.
00:26So, we believe the solution is the deep electrification with renewables.
00:34And what is the role of AI in your strategy?
00:37Right. So, firstly, for the AI power system, it is designed, created for AI data center.
00:48But at the same time, we are also using AI to orchestrate renewable energy in real-time milliseconds.
00:58Also using the AI to forecasting the volatile weather pattern, which is very important as energy sources renewables.
01:22So, basically, I'm looking at a lot of the construction of a lot of AI data centers that will also
01:30consume a lot of electricity.
01:31So, just how much energy AI can help save?
01:37Right. I think it's more than safe. It's about creation.
01:43So, there are abundant renewable energy in the world.
01:47In the global Gobi Desert, 1% of energy is about 1,000 gigawatt.
01:551,000 gigawatt. Sufficient powering today's AI.
02:00But how are we able to handle orchestrating, managing, utilizing the volatile renewable energy in the Gobi Desert?
02:12So, we have to rely on AI. But this is not about large language model.
02:18This is about the physical AI, the energy foundation model, using the physical AI to manage all the renewable, to
02:28shape the future energy system.
02:31And you mentioned the war in the Middle East, and that has made a lot of people realize that we
02:37are really vulnerable to global energy supply.
02:41And do you think that has given you more business, and are you fine-tuning or adjusting your strategy?
02:46This is always along with my kind of judgment.
02:53So, energy security is the most fundamental security issue.
03:02So, Europe now has a wake-up call.
03:05Okay, we cannot depend on the fossil fuel, Middle East.
03:10So, it's a time to work with Chinese partners, to build the future grid system, energy system for Europe.
03:19And the European Union is accusing China of overcapacity. What's your take on that?
03:24Right. Right. So, overcapacity on what?
03:30If you measure today's investment for new energy, for net zero, this is still not enough.
03:44So, I have such a belief, and a conviction, and also my partners realize the value from Chinese partners.
03:54So, you know less than a time, just when it goes, you're on the same way.
03:55So, you know, maybe we know it's not going to happen.
03:55But, you know, there's not going to find something on Internet.
03:55But, you know, there's not going to be a place where you can come from it, right?
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