The latest quarterly report released by iFlytek recently shows that the company's revenue in the third quarter increased by 2.89% year-on-year, achieving positive operating cash flow. However, due to increased investment in the field of general artificial intelligence, especially in cutting-edge technologies such as cognitive large models, current profits have declined. iFlytek states that although these investments affect short-term profits, they lay the foundation for the company's long-term development in the digital economy era and provide a first-mover advantage. The company has built new capabilities for technological autonomy and control, which play a crucial role in the development towards general artificial intelligence. iFlytek plans to release the Xunfei Spark Cognitive Large Model V3.0 and the Medical Large Model on October 24th.