Text | Rose powder
In the globally influential book on artificial intelligence, "Technological Singularity", author Murray Shanahan proposes that there will be two waves of disruptive artificial intelligence. The first is a series of specialized artificial intelligence technologies with complementary universal cognitive capabilities that gradually begin to change the way people live and work, and the other is the emergence of human-level artificial intelligence, that is, superintelligence.
On October 21, everyone who was at the scene of the daily roadshow "Artificial Intelligence Special Session and Lanchi Venture Capital Institution Day" in Nanjing Jianye Goldfish Mouth Fund Block clearly felt the throbbing of the first wave.
In this event, we can capture many keywords - the development of the domestic artificial intelligence industry, the trend of artificial intelligence investment in the eyes of investment leaders, how local governments seize the opportunities of the artificial intelligence industry, and how to match industry and capital.
The organizers of this event are the Management Committee of Nanjing Jianye High-tech Zone and Nanjing Jianye High-tech Investment Group, and the organizers are Nanjing Jinyuzui Fund Block Development Center and Chuangyebang. Yuan Ting, deputy governor of Nanjing Jianye District People's Government, Wu Shiyong, deputy director of the Capital Market Department of Nanjing Local Financial Supervision and Administration Bureau, and executive deputy director of Nanjing GoldfishZui Fund Block Development Center, attended the event.
Also attending the event were Nan Lixin, founder and CEO of Venture State, Zhu Tianyu, managing partner of Lanchi Venture Capital, Wei Gang, partner of Dachen Caizhi, Ji Jundong, partner of Ping An Venture Capital, Wang Ping, partner of KIP China, Cao Tengfei, partner of Yimi Capital, and heads of 10 domestic roadshow companies in different directions of artificial intelligence entrepreneurship.
Obviously, this is a good play set up by the government, and the "intimate contact" between enterprises and capital is a good play, and it is also a way to explore the pulse of the development of the Chinese intelligent industry.
<h1 class="pgc-h-arrow-right" data-track="8" > epitome of the development of the Chinese intelligent industry in the roadshow</h1>
With the development of information technology such as big data, cloud computing, the Internet, and the Internet of Things, the "technical gap" between science and application is being bridged, and artificial intelligence technologies such as image classification, speech recognition, knowledge quizzes, human-computer game, and unmanned driving are being deeply integrated with industry applications, reconfiguring productivity and production relations based on data, giving birth to subversive business models, and bringing huge industry changes.
Globally, in the past few years, the development of artificial intelligence has undergone a huge transformation, which has changed from technology-driven to business-driven, and the industrialization and commercialization are getting faster and faster.
In China, from the perspective of the development of the entire industry, the huge value creation of the past 10 years mainly comes from front-end innovation. In the next 10 years, through artificial intelligence to empower the industry, improving the efficiency of traditional industries will bring great opportunities. As artificial intelligence has begun to land in all aspects, focusing on the present and future of "industry + artificial intelligence", it has also given new thinking and thrust to China's industrial innovation.
The 10 artificial intelligence companies such as Daframe Technology, which appeared at the goldfish mouth daily roadshow "Artificial Intelligence Special Session and Lanchi Venture Capital Institution Day", are the epitome of China's artificial intelligence industry.
The main business of Big Frame Technology is a machine vision inspection system that combines 3D 3D imaging and AI edge computing, providing standardized 3D +AI complete solutions. Simply put, it is to replace the human eye with AI and machines to complete many high-demand detections. Chairman and founder Wang Tangmeng introduced that there are 35 million people in the world through the human eye to detect product quality, of which 25 million in China, with an average cost of about 70,000 / year, which is a potential market of 2500 billion. In China, with the development of Industry 4.0, machine substitution, new energy, including the development of AI technology and this import substitution, the development of domestic machine vision is in a period of rapid growth. The vision is to build a world-class machine vision company's large frame technology, the advantage is to master the 3D imaging technology more comprehensively, with AI + traditional machine algorithm software platform, and strong integration capabilities.
Shenhao Technology uses artificial intelligence technology to help enterprises make short videos of training types for training and knowledge transfer. In this process, artificial intelligence is applied in two aspects, the first is to use artificial intelligence algorithms to automate the editing and collation of some videos, improve efficiency, reduce the difficulty of learning knowledge, on the other hand, use algorithms to learn the relationship in knowledge videos, establish a knowledge system, and manage and distribute content, thereby helping the manufacturing industry to carry out digital transformation and design new products and solutions.
The roadshow project brought by the wood ant robot is an unmanned forklift landed in the scene of large logistics warehousing. With the take-off of China's economy, logistics and warehousing have developed rapidly, and by 2020, the total number of express deliveries in China has reached 83.4 billion pieces. In 2019, China's entire logistics costs have reached 14.6 trillion yuan, accounting for about 10% of GDP. The pain point of the industry has also arisen, that is, the labor cost has risen too fast. Wood Ant Robot hopes to provide full-link unmanned logistics flexible solutions through full-process unmanned driving technology and clustered digital scheduling technology, and promote the intelligent transformation of the logistics and warehousing industry.
The advantage of the wood ant robot is that it has an independent and autonomous core controller, chassis, scheduling system, high-precision navigation system, multi-core road system are all independently developed, and its safe operation speed of 2.6 m/s is leading in the world. After receiving orders from companies such as Siemens, Inventec, Philips and Nestlé, in 2020 it received a project of 100 unmanned forklifts in Debon's largest warehouse, which is the first in the country and the world. The vision of the wood ant robot is that it can be applied to the warehousing supply chain, intelligent factory, and unmanned distribution in the future.
After the interaction between the expert judges and the roadshow companies in terms of technology and model, in the end, 4 enterprises, including Elite Visual Intelligence Technology (Shanghai) Co., Ltd., Shanghai Cetui Information Technology Co., Ltd., Guangzhou Meiyang Innovation Technology Co., Ltd., and Shanghai Wood Ant Robot Technology Co., Ltd., won the most investment value award on the same day, and the other 6 companies won the most growth value award.
<h1 class="pgc-h-arrow-right" data-track="18" > the wave of artificial intelligence, what do investment institutions think? </h1>
In a recent book, AI3.0, Xiaomei Wang, former global head of IBM's big data and analytics business and general manager of emerging market big data centers, attempts to analyze the flow of global capital into which areas of artificial intelligence.
It should be said that artificial intelligence has a place in every field of automotive, manufacturing, finance, energy, health and so on - artificial intelligence-assisted drug research and development and treatment has become a popular trend in the medical community; the success of ByteDance shows that artificial intelligence has created new value for the industrial chain of the media industry; unmanned driving is opening a new round of rise; for the financial industry, the Internet brings huge data assets, and the mobile Internet brings rich application scenarios, and data and scenarios meet the premise of artificial intelligence vigorously developing the industry ......
For Chinese investment institutions, artificial intelligence as the next outlet industry contains a wealth of opportunities and challenges.
At the event of the day, Zhu Tianyu, managing partner of Lanchi Venture Capital, shared the theme of "Early Technology Investment: Grasping the Growth Dividend of a New Round of Innovation". The investment theme of Lanchi Venture Capital has four keywords: new energy, new efficiency, new interaction, and new science. This is because Lanchi Venture Capital observes that China's innovation trend is that from the original business model driven to the current scientific research technology-driven development, from data operation driven to scientific research driven, in fact, it is in line with the macro trend of China's economy.
Among these trends, artificial intelligence is flashing. Especially "new interaction", in Zhu Tianyu's view, every migration of interactive interfaces has brought about changes in the attention of billions of people, from THE PC Internet, mouse and keyboard to mobile Internet, to touch screens. So, what's next for the interface? Zhu Tianyu believes that the composition of this new interactive interface must not be a modification on the original touch screen, it must be a redefined interactive interface after the maturity of many new technologies.
China's accumulation in the past 20 years, whether it is intelligent manufacturing or in the field of artificial intelligence, the accumulation of resources, is now in a state of vigorous poising, in the future of the new interactive interface, China has a great opportunity to win a place, and even lead the development of the next step of the world's interactive interface, which also needs to be excavated by entrepreneurs and investment institutions.
At the roundtable forum hosted by Zhu Tianyu, Wei Gang, partner of Dachen Caizhi, Ji Jundong, partner of Ping An Venture Capital, Wang Ping, partner of KIP China, and Cao Tengfei, partner of One Meter Capital, the exchange and collision of the guests also showed the wonderful cognition of artificial intelligence by Chinese investment institutions.
What areas and directions of AI are investors focusing on? What problems would you like to solve?
The main focus of Cao Tengfei, a partner at One Meter Capital, is to see whether artificial intelligence can help improve the overall industry efficiency in the entire industrial structure.
KIP China partner Wang Ping said that from a technical point of view, from a fundamental point of view, it may still be only Facebook, Google has the ability to change technology, including China, other parts of the world or more at the application level has a certain breakthrough, Wang Ping recently paid more attention to the satellite AI image recognition, the use of artificial intelligence into the analysis of applications.
Ji Jundong, a partner at Ping An Venture Capital, has recently been paying attention to the metacosm, and he feels that the metacosm does not only mean an immersive social and entertainment experience, but also a richer application of scenarios from the production perspective, such as making the speed of knowledge sharing and the efficiency of knowledge sharing higher.
Wei Gang, a partner of Dachen Caizhi, has seen more in the field of medical treatment, and he feels that algorithms or computing power can replace a doctor and researcher with rich experience under the support of sufficient data, and such a tool is needed in the pharmaceutical field and clinical field.
In the eyes of investment institutions, what are the challenges in the development and investment of artificial intelligence?
Ji Jundong's point is data. First of all, for artificial intelligence, data is very important, and the current success of artificial intelligence and the future development of artificial intelligence , especially the commercial application in the next five years , are based on big data, because artificial intelligence needs to rely on machine learning to train with a lot of data. Computing power may also be indispensable, requiring enough computing power to digest such a huge amount of data. So a lot of data has led to the machine learning revolution, and these things are interlinked. Whether it is artificial intelligence entrepreneurship or investment institution investment, the security of data and privacy must be put first.
Cao Tengfei is also worried about the hematopoietic capacity of artificial intelligence startups. Before you may see more is SenseTime Technology, Cloud Cong, Megvii Technology and Yitu Technology AI four small tigers, although they are huge losses, but the head has the ability to raise financing, can afford. If it is a start-up company with a waist or below the waist, it does not have so much financing ability, and more importantly, it must have its own hematopoietic problem. "Get orders quickly and survive on your own."
This is a common concern of investment institutions. At the roadshow of the day, the judges asked a lot of questions - how did your data come from? Who are your customers? Who pays for your plan?
<h1 class="pgc-h-arrow-right" data-track="35" > how the goldfish mouth daily roadshow has become fertile soil for the industry</h1>
There is no doubt that this is an artificial intelligence feast with a lot of specifications and full of dry goods. More importantly, under the mediation of the government, it promotes investment and promotes industrial development through the agglomeration of capital and enterprises. This is another important significance of the goldfish's most daily roadshow artificial intelligence special.
In January 2021, the Ministry of Industry and Information Technology issued the Action Plan for the Innovative Development of the Industrial Internet (2021-2023), which formulated a series of development goals to promote the construction of new infrastructure of the Industrial Internet in quantity and quality. In March, the full text of the 14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals for 2035 was officially released. In the full text of the 19 chapters and 65 chapters of the outline, there are 57 related expressions of "intelligence" and "wisdom". The new generation of information technology, represented by artificial intelligence, will become one of the important technical guarantees and core driving forces for promoting high-quality economic development, building an innovative country, and realizing new industrialization, informatization, urbanization and agricultural modernization during the 14th Five-Year Plan period.
Artificial intelligence will be the best opportunity for China to lead the world, from the central to the local is seizing. But why is goldfish mouth able to do such a thing, and do it so well?
The first is that Nanjing is becoming an important town for Chinese and intelligent workers. At the "2021 Artificial Intelligence Computing Conference (AICC2021)" released by Beijing Juhang on the 26th of this month, the "2021-2022 Chinese Intelligent Computing Power Development Evaluation Report" released the latest ranking list of Chinese intelligent cities, and the top five cities are Beijing, Hangzhou, Shenzhen, Nanjing and Shanghai. It is worth noting that Nanjing has risen sharply from the tenth place in 2020 to the fourth place.
Artificial intelligence has been listed as one of the eight major industrial chains for nanjing's key development. At present, Nanjing has gathered more than 300 artificial intelligence research and development and application enterprises, involving major fields such as artificial intelligence basic layer, technology layer and application layer, and has formed certain advantages in the fields of intelligent software, intelligent sensors, intelligent chips, intelligent robots and other fields.
In Jianye District, where the Goldfish Mouth Fund Block is located, there is also a "fertile soil" for the development of the artificial intelligence industry. Yuan Ting, deputy mayor of Jianye District, said that artificial intelligence is one of the leading industries in Jianye District of Nanjing. Jian Ye has a solid industrial base and a strongly growing digital economy. According to Yuan Ting, represented by Ali, Xiaomi, NetEase and 58, 13 of the top 20 Internet companies in the country have settled in Jianye, and the head enterprises of the digital economy have formed a gathering trend. By the end of 2020, jian ye's digital economy core industry regulations reached 102 enterprises, operating income of more than 50 billion yuan, added value accounted for more than 10% of GDP.
The Goldfish Mouth Fund Block, which was born in 2019, brings together a number of fund companies to form a financial resource gathering place, which can give full play to the agglomeration effect of the financial industry, open up the connection between capital and enterprises, effectively support regional economic restructuring and industrial transformation and upgrading, and better promote the development of the local industrial chain economy.
As the country's first capital trading element matching platform, the Goldfish Mouth Daily Roadshow has become an important gathering resource platform in the fund block. Wu Shiyong, executive deputy director of the Nanjing Goldfishzui Fund Block Development Center, said that the "initial heart" created by the Goldfishzui Daily Roadshow revolves around the eight major industrial chains in Nanjing, adhering to the purpose of "venture capital and sinking living water", solving the asymmetry of investment information of venture capital institutions and the pain points and difficulties of obtaining high information costs, and building the "Goldfishzui Daily Roadshow" into the most attractive, most influential and premier benchmark brand of venture capital activities in the national fund block.
Nanjing Goldfish Mouth Daily Roadshow since its inception of a series of activities, has always been closely around the national and regional key industries development, only 5 months, the daily roadshow has held a total of nearly 100 venture capital activities, matching project financing of more than 300 million yuan, a number of domestic and foreign innovative projects first tried, more and more investment and financing institutions to goldfish mouth gathered. The goal of the daily roadshow is to hold a thousand roadshows within 3 years and make the brand IP of the goldfish mouth daily roadshow.
Specific to the artificial intelligence industry, the goldfish mouth daily roadshow is to achieve a multiplication effect for the development of the artificial intelligence industry.
For the efforts of Jianye District and even Nanjing City in the artificial intelligence track, Nan Lixin, founder and CEO of Chuangbang, shared a set of data - in the past 2020, 289 enterprises in Nanjing have received investment. The landing speed and number of Nanjing Venture Capital, including the number of invested technology companies, have shown great development potential.