Tencent Mixed Yuan Model Unveiled Aocai.com Received 100 Million Yuan in Financing丨Industrial Internet Weekly Report

Finish丨Zhang Rui

【Ebang Original】Tencent Mixed Yuan Large Model was officially unveiled; Aocai received 100 million yuan in Series B financing; The fourth paradigm passed the hearing of the Hong Kong Stock Exchange: annual revenue of 3.08 billion yuan.

# This has happened in the past week #

1 The fourth paradigm passed the hearing of the Hong Kong Stock Exchange: annual revenue of 3.08 billion yuan

Beijing Fourth Paradigm Intelligent Technology Co., Ltd. ("Fourth Paradigm") disclosed a collection of information after passing the hearing of the Hong Kong Stock Exchange to be listed on the Main Board, with CICC acting as the sole sponsor. The fourth paradigm passed the hearing of the Hong Kong Stock Exchange, which means that the fourth paradigm may become the first artificial intelligence star unicorn company to land on the Hong Kong Stock Exchange in the past two years. At the time of the completion of the D2 round, the final round of funding before the IPO, Fourth Paradigm was valued at about $3 billion.

Founded in 2014, Fourth Paradigm is in the segment of decision-making AI, and its main product is a complete set of end-to-end artificial intelligence solutions, the Prophet Platform, which can help enterprises achieve rapid and large-scale deployment, and has been implemented in scenarios such as finance, retail, manufacturing, energy and power, telecommunications, transportation, technology, education, media, and healthcare.

2 The Tencent Hybrid Model was officially unveiled and opened to the public through Tencent Cloud

At the 2023 Tencent Global Digital Ecosystem Conference, the Tencent Hybrid Model was officially unveiled and announced that it would be opened to the outside world through Tencent Cloud. Tencent Mixed Element Big Model is a general-purpose large language model developed by Tencent End-of-Chain, with a scale of more than 100 billion parameters, a pre-trained corpus of more than 2 trillion tokens, Chinese creation capabilities, logical reasoning capabilities in complex contexts, and reliable task execution capabilities.

More than 50 Tencent businesses and products, such as Tencent Cloud, Tencent Advertising, Tencent Games, Tencent Fintech, Tencent Meeting, Tencent Docs, WeChat Sou, and QQ Browser, have been connected to the Tencent Hybrid Model Test and achieved preliminary results. It is understood that the hybrid model will be used as the foundation of Tencent Cloud MaaS services, and customers can not only call the hybrid element directly through APIs, but also use the hybrid element as the base model to build exclusive applications for different industry scenarios.

3 Kingsoft Office and Alibaba Cloud reached a strategic cooperation

Beijing Kingsoft Office Software Co., Ltd. (Kingsoft Office) and Alibaba Cloud have reached a strategic cooperation, and the two parties will leverage their respective technical advantages and platform capabilities to carry out in-depth cooperation in cloud resources, AI big models, product ecological integration, joint solutions and other fields to achieve ecological collaborative development.

Combining Kingsoft Office's advantages in the industry and Alibaba Cloud's intelligent computing power reserves, the full-process AI development engineering capabilities provided by machine learning platform PAI, and the self-developed Tongyi series of large model services, the two parties will co-create smart office around the three strategic directions of AIGC (content creation), Copilot (intelligent assistant), and Insight (knowledge insight) to provide users with a more intelligent and convenient office experience. At the same time, the two parties will carry out product integration and solution co-creation to help the digital transformation of organizations.

4 WPS AI is open and the first to be applied in WPS intelligent documents

Zhang Qingyuan, CEO of Kingsoft Office, announced that WPS AI is officially opened to the public and is the first to be applied to WPS intelligent documents. It is understood that WPS intelligent document is a new generation of online content collaborative editing products under Kingsoft Office, which can support content generation, expression optimization, document understanding and processing.

5 Baichuan Intelligent released Baichuan 2 large models

Baichuan Intelligent announced the official open source fine-tuned Baichuan 2-7B, Baichuan 2-13B, Baichuan 2-13B-Chat and their 4-bit quantized versions, all of which are free and commercially available.

It is understood that the two models of Baichuan 2-7B-Base and Baichuan 2-13B-Base are trained based on 2.6 trillion high-quality multilingual data, which have improved their capabilities in mathematics, code, security, logical reasoning, semantic understanding and other capabilities compared with the previous generation of models, and are ahead of LLaMA2 and other models of the same size in evaluation benchmarks such as MMLU, CMMLU, GSM8K.

6 Baidu Intelligent Cloud comprehensively upgrades the "Qianfan Model Platform"

On September 5, 2023 Baidu Cloud Intelligence Conference was held in Beijing, at which Baidu Intelligent Cloud Qianfan Model Platform announced that it has achieved a comprehensive upgrade of 2.0, announcing for the first time that the number of monthly active enterprises has reached nearly 10,000, covering more than 400 business scenarios in finance, manufacturing, energy, government affairs, transportation and other industries. In addition, Baidu Intelligent Cloud also released the financial solution "Kaiyuan" based on large model reconstruction, the industrial solution "Kaiwu" based on Wenxin large model upgrade, and the intelligent transportation solution "ACE 3.0" based on large model reconstruction.

7 iFLYTEK Spark model launched

The iFLYTEK Spark model was launched on September 5 and is open to the whole people, and users can download it from major app stores and register it directly. It is understood that at present, iFLYTEK Xinghuo has been applied in C-end software and hardware such as AI learning machine, office book, iFlyHear, Xinghuo Language App, iFlyCode, as well as B-end business tracks such as education, office, medical care, and industry.

8 Ministry of Commerce: The international circle of friends of the mainland's digital economy is constantly expanding

News on September 7, a spokesperson of the Ministry of Commerce introduced that China has established bilateral e-commerce cooperation mechanisms with 29 countries, signed memorandums of understanding on investment cooperation in the digital economy with 18 countries, and a number of digital enterprises have also successfully gone overseas. At present, 10 of the 21 free trade agreements signed by the mainland have set up special chapters on e-commerce or digital economy. It can be said that the international circle of friends of the mainland's digital economy is constantly expanding.

9 China's imports and exports of services are nearly $890 billion

The "China Trade in Services Development Report 2022" led by the Ministry of Commerce was released at the Summit Forum on the Development of Trade in Services. According to the report, China's total import and export of services reached US$889.1 billion, a record high, ranking second in the world for the ninth consecutive year.

10 Shenzhen: By 2025, it will build more than 5 vertical supply chains of more than 100 billion industries

Recently, Shenzhen Municipal Bureau of Industry and Information Technology and Shenzhen Municipal Bureau of Commerce issued the "Shenzhen Three-Year Action Plan for Accelerating Supply Chain Innovation and Development (2023-2025)", which clarifies that by 2025, Shenzhen will form 5 industrial vertical supply chain collaborative enterprises of more than 100 billion and more than 10 billion yuan.

In addition, the plan also points out that by 2025, cultivate more than 3 cross-border e-commerce supply chain integration and service platforms of more than 10 billion yuan, and 3 more than 100 billion-level bulk commodity supply chain service integration and service platforms, and the import and export volume of supply chain services will account for more than 20% of Shenzhen's foreign trade import and export volume.

# These companies received new financing #

1 FancyTech (Times Emerged) completed a series B financing of nearly 100 million yuan

AIGC automatically generates commercial videos "FancyTech" has completed a series B financing of nearly 100 million yuan, led by DCM, and followed by old shareholders GSR Venture Capital and Huashan Capital. Yuanyi Capital acted as the exclusive financial advisor. This round of financing funds is mainly used for technology research and development and market expansion. Previously, FancyTech completed the Pre-A round and Series A financing in 2022.

FancyTech was founded in April 2020, the company's entry-level products focus on the field of e-commerce video, brand customers only need to authorize the e-commerce store account to FancyTech, self-developed model driver will automatically generate product expression videos, including voiceover, music, subtitles, etc., and can automatically tune based on user data feedback to continuously improve video quality. Different from the video generation tools provided by friends, FancyTech focuses on delivering high-quality video content to customers without any customer participation, and the content is a non-standard product with strong customer stickiness.

2 Aocai completed a series B financing of 100 million yuan

The packaging industry Internet company Aocai completed a series B financing of 100 million yuan, led by Qifu Capital, followed by Venture Factory, and all the old shareholders Zhengxuan Investment, Qifeng Capital and Taiya Investment co-invested. Extreme Capital acted as the exclusive long-term financial advisor, and the financing was supported by WeBank's digital venture capital services.

Founded in 2017, Aucai is committed to building an intelligent solution platform for packaging needs, and the intelligent tools for packaging production developed by Aucai will be provided free of charge to cooperative factories that join the platform to help them improve their profitability. Aocai also provides fast, efficient, high-quality and low-cost personalized packaging services for 25 million domestic small and medium-sized enterprises (enterprises with an annual income of less than 20 million yuan).

3 Benwei Technology obtained tens of millions of A+ round financing

Robot power module R & D and manufacturer Benmo Technology recently completed tens of millions of yuan A+ round financing, and recently acquired "Hangzhou Tiemeizhonglian Technology Co., Ltd." The A+ round of financing is led by Liwan Capital and followed by Jianyuan Investment, and the funds will be mainly used for R&D investment, production line expansion and market promotion. North Beta Capital acted as the company's long-term exclusive financial advisor.

Founded in Hong Kong in 2018 and moved to Songshan Lake Robot Industry Base in 2020, Benmo Technology focuses on providing direct-drive power solutions without reducers, with two main product series: low-speed, high-torque direct-drive motor solutions, intelligent power modules, and direct-drive, self-balancing wheel-foot robots and TITA.