Since AlphaGo defeated the world's top players in the Go tournament in 2016, the rapid development of AI has continued to break through the original understanding of human beings, and its powerful computing power has also been deeply rooted in the hearts of the people. Since then, many Chinese companies have flocked to the field of artificial intelligence to actively explore and apply this cutting-edge technology. In late 2022, the rise of ChatGPT marked significant progress in the field of natural language processing by artificial intelligence. People joke that the era of AI has arrived.
According to iResearch, the scale of Chinese's artificial intelligence industry has reached 213.7 billion yuan in 2023 and is expected to climb to a staggering 811 billion yuan in 2028. In addition, the Ministry of Industry and Information Technology (MIIT) also said in April 2024 that the number of AI companies in China has exceeded 4,500. AI technology has penetrated widely and deeply into many industries such as healthcare, education, finance, and manufacturing, leading a new technological innovation and industrial upgrading.
Forbes China has a long-standing commitment to understanding the major changes in business and industry. In order to showcase the benchmark enterprises and figures that have made remarkable achievements in the field of artificial intelligence, and share their success models and development paths, Forbes China officially launched the "2024 Forbes Chinese Artificial Intelligence Technology Enterprise TOP 50 Selection" activity. The selection lasted for 7 months, and conducted in-depth research and analysis in many aspects such as the technological development, application scenarios, industrial ecology and market scale of the artificial intelligence industry.
Judging Awards
Main selection: 2024 Forbes Chinese Intelligent Technology Enterprise TOP 50
Sub-Selection:
- Artificial Intelligence Innovation Technology Selection
- Selection of artificial intelligence innovation scenario applications
- Selection of Artificial Intelligence Cutting-edge Enterprises
- Artificial Intelligence Influencer Selection
Selection Methodology:
In this selection, information is collected through a variety of channels, including independent registration by enterprises or individuals, recommendations by authoritative experts, and screening of large databases, etc., and strives to comprehensively evaluate the comprehensive strength and performance of enterprises or individuals in the field of artificial intelligence from an all-round and multi-dimensional perspective.
In terms of selection dimensions, we have set the following six dimensions for enterprises:
- Technological innovation ability: It mainly examines the company's R&D investment in 2023, the proportion of R&D in 2023, the number and quality of patents obtained, and relevant rewards and recognition.
- Market performance: It mainly examines the total revenue and profit growth, market share, industry ranking, and commercial progress of the enterprise in the past three years.
- Application and practical impact of achievements: It mainly examines the application cases of enterprise innovation scenarios, as well as its industry impact and social benefits.
- Investment and financing status: It mainly examines the latest financing time, relevant investors, financing amount and total number of financing rounds of the enterprise.
- Sustainable development potential: It mainly examines the future development plan of the enterprise and the competitive advantage of the enterprise.
- Team culture: It mainly examines the background of the company's team, cultural values and team honor.
For the selection of AI influencers, we focus on two dimensions:
- Functions and responsibilities: Mainly examine the candidates' professional experience, career achievements and business direction and other indicators.
- Core outputs: Mainly examine the candidates' leadership ability, academic achievements and investment projects.
The following are the results of the "2024 Forbes Chinese Intelligent Technology Enterprise TOP 50":
Selection Interpretation
In the main selection, we observed that the market size of the selected companies is relatively mature, with high annual revenue, and leading market share in their respective market segments. For example, SenseTime is the leader in the artificial intelligence software market, 4Paradigm in the field of machine learning, and Tencent Cloud Intelligence in the field of cloud computing. In addition, in terms of investment and financing, the selected enterprises have strong capital reserves, which provides a strong capital guarantee for their sustainable development. It is worth mentioning that these outstanding enterprises are relatively concentrated in geographical distribution, mainly concentrated in Shanghai, Beijing, Guangdong, Zhejiang and other economically developed regions with rich scientific and technological resources.
In the results of the sub-selection, different companies or individuals have demonstrated their unique competitive advantages. Innovative technology enterprises have made remarkable achievements in technological innovation, with the total number of patent applications of the 10 selected enterprises exceeding 27,000; the achievements of innovative scene enterprises are widely used in entertainment, kitchen, home management, medical and other life fields, greatly enriching people's life experience; although the cutting-edge enterprises are small in scale and have an average of less than 100 employees, their teams are strong, with highly educated and high-tech talents, and their R&D investment is huge, with an average R&D proportion of 300% As a result, they are growing rapidly in revenue and leading the market segment, and influencers have master's or doctoral degrees and have made significant contributions to the development of the field of artificial intelligence.
Core findings
1
Multimodal models help AI+ applications
In the current industrial ecosystem, model-as-a-service has become the core, and the integration with various industries is becoming more and more close. In this selection, more than 49% of enterprises demonstrated their application strength in different fields such as AI customer service, robotics, medical diagnosis, industrial automation, financial analysis, and intelligent driving through the "big model".
Here are three popular tracks:
In the AI medical track, the 12 selected companies played a key role in new drug research and development, medical imaging, assistive devices, electronic medical records, and health management, promoting innovation in the medical field.
Fosun Xingmai, the selected enterprise in the main selection, took the lead in realizing the "integration of software and hardware" in AI diagnosis and treatment, combined with self-developed chips to achieve edge computing, and built a multi-product matrix of 200,000+ compliance databases, Xingmai Ruiying, Heart Shadow, Super Shadow, Cranial Shadow, AI-ROSE and other products, and the number of medical institutions that have landed cooperation has reached 800, greatly improving the efficiency of diagnosis and treatment.
As a selected enterprise in the selection of innovative scenario applications, Meinian Health is a large-scale health examination and medical group in China. In the past three years, it has comprehensively improved the application scenarios of AI technology, covering AI+ brain health, fundus, breast ultrasound AI, tuberculosis AI diagnosis, AI-MDT intelligent reporting, digital intelligent health management and other fields, and has made remarkable achievements in accurate screening and auxiliary decision-making, and has landed in more than 200 cities.
The selected companies selected by the cutting-edge companies, DrayBio, have independently developed Molecule Pro, an industrial-grade one-stop AI-driven new drug R&D platform, which has greatly improved the efficiency of new drug R&D. Its self-developed GLP-1RA small molecule oral new drug MDR-001 has only been in clinical trials for 19 months from initiation to approval, which is more than 50% more efficient than traditional methods in preclinical efficiency and better quality. The drug has now entered phase II clinical studies, reflecting the technical advantages of the AI platform.
Sichuan Yifu Medical Technology, which was selected as a cutting-edge enterprise, concentrates the full function of oral diagnosis and treatment on the treatment chair and integrates it into the vehicle to form a stable and efficient mobile hospital, which has been marketed overseas for two years and has been widely acclaimed, and has achieved breakthroughs in the vertical multi-source and multi-modal large model.
In the driverless track, AI technology is improving the real-time perception, recognition, and decision-making capabilities of vehicles, optimizing the travel experience. As of April 2024, Pony.ai, the selected company in the main selection, has accumulated more than 31 million kilometers of autonomous driving road tests, including more than 3 million kilometers of unmanned autonomous driving tests. Since December 2018, Pony.ai has launched autonomous mobility services in Guangzhou, Beijing, Shanghai, and Shenzhen, China.
Momenta, the world's leading autonomous driving company, is based on data-driven "flywheel" technology insights and the "two-legged" product strategy of combining mass-produced autonomous driving (Mpilot) and fully autonomous driving (MSD), providing different levels of autonomous driving solutions, and is committed to realizing the large-scale implementation of autonomous driving more efficiently and quickly, enabling safer, more convenient and efficient future smart travel.
In this selection, a total of 22% of the selected companies are involved in the humanoid robot track, and their products have been widely used in industry, medical and other fields. For example, the selected company is a leading enterprise in the field of intelligent robots, with end-to-end embodied intelligent full-stack technical capabilities for cloud robots, and has successfully realized the commercialization of multiple types of robots. MindMinds has an intelligent manufacturing base for intelligent joints and a robot operation center, and has developed a cloud-based robot brain operating system, Hairui OS, Hairui AGI platform and RobotGPT multi-modal large model, realizing a breakthrough in the R&D and industrialization of intelligent flexible joint SCA, the core component of the robot.
2
AIGC opens a new era of creation
In 2023, the concept of AIGC has exploded, and it is both a challenge and an opportunity for content creators. Some see it as a disruptive disaster, while others see it as opening the door to limitless creativity – AIGC significantly lowers the barrier to entry, allowing creators to focus more on the idea itself, despite the constraints of complex technology and repetitive work. In this selection, we also found some companies with outstanding performance in the AIGC field, such as Mobvoi, which has just been listed, PixVerse, which has attracted much attention in overseas markets, and Lingxi Shenzhi, which leads the AIGC live broadcast industry, etc., and Xueshen Intelligence, the selected enterprise of cutting-edge enterprises, relies on its self-developed 3D digital human generation technology to reconstruct a variety of styles of digital humans with only a single picture, which greatly improves the production efficiency of virtual 3D digital humans. The practice of these enterprises not only demonstrates the great potential and value of AIGC in the field of content creation, but also depicts a grand blueprint for the new era of AIGC for the entire industry.
From the results of this selection, it can be seen that the scope of Chinese's artificial intelligence industry is constantly expanding, and artificial intelligence companies are penetrating into all walks of life with a vigorous development trend. In addition to the companies mentioned above, there are many other companies worth paying attention to in this selection:
The dark side of the moon
Founded in 2023, it focuses on developing advanced AI assistants that provide Chinese-English conversation capabilities and support multiple file formats for reading and internet search. With safe, helpful and accurate answers as its service tenet, it is committed to empowering users and improving the efficiency of information acquisition and processing. Once launched, it has won strong attention from the market and has made a name for itself in the capital market.
Shengtong Technology
Founded in 2005, it is a leading enterprise in the field of artificial intelligence that has achieved stable profits, and has received investment from a number of star investment institutions such as SoftBank China, Pacific Century Capital, Chengdu Science and Technology Venture Capital, and will soon land on the Hong Kong Stock Exchange. With nearly 20 years of experience in enterprise-level interactive solutions, it has created a full-stack interactive AI solution that integrates Rongxin, artificial intelligence and product engine, established and continuously improved the knowledge graph in the industry, and built a number of multi-model fusion response models applied to vertical industries.
Shanshu Technology
Founded in 2016, it is an advanced artificial intelligence decision-making and computing technology service provider in China. Relying on the world's advanced deep data optimization algorithms and the ability to solve complex decision-making models, it has created an end-to-end intelligent decision-making technology platform of "computing engine + decision-making technology middle platform + business scenario" with the self-developed large-scale commercial solver COPT as the core engine, which has been applied in more than 20 subdivisions such as retail, e-commerce, logistics, industrial manufacturing, transportation, energy and power, aerospace and so on. The company has served hundreds of leading domestic and foreign enterprises, and is helping Chinese enterprises achieve digital transformation and secondary business growth.
Innovative intelligence
Founded in 2018 with the mission of "AI Empowering Business Value", it is a fast-growing enterprise-level AI solution provider and a leading "AI + Manufacturing" solution provider in China. The company focuses on the five major businesses of "industrial software, digital intelligence software, industrial logistics, intelligent equipment, and industrial sustainability", enabling subdivisions such as iron and steel metallurgy, panel semiconductors, 3C high-tech, and automotive equipment. The company adheres to innovation-driven and builds an artificial intelligence technology stack composed of "MMOC artificial intelligence technology platform" and "AInnoGC industrial large model technology platform", and has complete AI technology capabilities covering AI 1.0 to AI 2.0.
Among the influential figures selected this time, in addition to the well-known Robin Li and Kai-Fu Lee, the following figures are also worth paying attention to:
Zhou Zhihua
A well-known scholar in the field of Chinese artificial intelligence, known for his outstanding contributions to machine learning, data mining and pattern recognition. Professor Zhou Zhihua enjoys a high reputation in the international academic community, has published a large number of high-quality academic papers, and has held important positions in several international conferences. His research work has had a profound impact on the development of artificial intelligence technologies, especially in improving the interpretability, robustness, and adaptability of machine learning algorithms. In addition, Professor Zhou Zhihua is also actively involved in education and science popularization, and is committed to cultivating a new generation of AI talents and popularizing AI knowledge.
Xiao Jing
IEEE Fellow, is an outstanding expert in the field of artificial intelligence. He has published 301 papers, holds 451 patents, participated in 11 national projects, and won many scientific and technological progress awards such as Wu Wenjun. During his tenure at Ping An Group, Dr. Xiao led the team to develop a number of cutting-edge AI technologies, and led the intelligent system to serve accurate financial decision-making and risk prevention and control. The "Ping An Brain" big data intelligent engine led by him provides a full range of services for the fields of finance, medical care and smart city. His academic achievements and technological innovations have made important contributions to the digital transformation of traditional businesses.
Liu Zhiyi
An outstanding scientist in the field of artificial intelligence in Chinese, he has been deeply engaged in the field of AI for more than ten years, focusing on the research of general artificial intelligence and intelligent economy, including large language models, multi-modality, multi-agent and other cutting-edge technologies, and currently serves as the chief AI scientist of Oriental Wealth Group. He has published more than a dozen academic monographs in Chinese and English, and has been recognized by many industry awards, such as the English monograph "AI Ethics and Governance", which was shortlisted for the 2023 Springer Nature "China New Development Award". He is not only a scholar, but also holds a number of social and academic positions, including a researcher at the Shanghai Collaborative Innovation Center for Artificial Intelligence Social Governance, a member of the AI Ethics Working Committee of the Chinese Society of Artificial Intelligence, a researcher at the Qingyuan Research Institute of Shanghai Jiaotong University, and the director of the AI Ethics Committee of the Shanghai Open Source Technology Information Association.
The Forbes Chinese AI Technology Enterprise Summit and TOP 50 Awards Ceremony will be held on May 22-23, 2024 at Shangri-La Qiantan Hotel, Shanghai, bringing together the world's top experts and entrepreneurs in the field of AI to discuss the application scenarios and future trends of AI technology.
For more information about the Forbes Chinese Intelligent Technology Enterprise Summit and TOP 50 Award Ceremony held on May 22-23, please contact: 13032186958 (same as WeChat)
Disclaimer: The selection is a business cooperation content, part/all of the data used for the research comes from partners and third parties, and the relevant views and conclusions are based on the above data research, and do not make any investment guidance and reference.