Podcast Update|First Voter for MiniMax: MiniMax, GenAI Conference, and Big Model Playing Cards

Zhang Xiaojun's business interview

2024-06-11 10:53Published in Beijing, Tencent News, original creator, creator in the financial field

Today's guest is Chen Yu, angel investor of MiniMax and partner of Yunqi Capital. MiniMax is another unicorn company with a relatively high valuation among the six large-scale model startups in China, in addition to the dark side of the moon. In this episode, we talk about MiniMax's startup, fundraising, and team story.

In addition, many investors recently went to the United States to participate in the GenAI conference, and Chen Yu chatted about his observations on the spot.

Our podcast program was first published on Tencent News, so you can go and follow it, so that you can get the program information and more news information as soon as possible :)

GenAI Competition

01:00 Chen Yu's self-introduction

01:55 聊聊最近在美国举办的"GenAI Summit SF 2024"大会

03:36 Under the Sino-US game, how do American funds view AI projects with Chinese participation? What do U.S. companies think of Chinese capital?

10:18 There is not much difference between the direction of AI entrepreneurship in the United States and China, and it is dominated by software

11:00 The GenAI conference was organized with many questions

The evolution of AI over the past 10 years

11:40 Over the past 10 years, AI has evolved at both the technology and investment levels

13:05 Three waves of AI applications: computer vision (the birth of the AI Four Tigers), autonomous driving (the difficulty of L4 landing), and large models

15:05 I experienced Waymo again this time

18:22 At the end of 2022, after the All In large model, it was also divided into several stages

Behind the scenes of the MiniMax

24:25 As the first investor, the story behind investing in MiniMax (and co-founder Yi Yeyi is an alumnus)

29:34 创始人闫俊杰的代号叫“IO”（Input/Output），见过一次后我对他有好感

31:46 MiniMax is a startup that came out of SenseTime, and SenseTime's limitations

33:57 MiniMax is a hands-on, highly confidential project

36:22 MiniMax Technology, Applications, and Product Iterations (Digital Human-Glow-Conch AI, Talkie, Hoshino)

39:30 Zhang Qianchuan, the former head of Toutiao products, joined under Hillhouse's lead

40:39 What about Junjie Yan, Yeyi and the team?

43:38 What do you think about the wave of price reductions caused by giants, especially on startups?

46:55 Key stats from Talkie

"Playing Cards of the Big Model"

47:12 Players: Giants are the big ones with the most chips, followed by startups that are the most fund-raising

49:24. The top priority for the next few startups is financing

50:15 Why is the Club Deal phenomenon so prominent in the wave of large models?

51:00 "Look at the cards", today I still dare not say that there will be a chance to start a company

52:18 There are 5 rounds in total, and we are basically increasing the weight in every round

52:52 6 large-scale startups shortlisted for this year

55:00 The large-scale model product launched by the giant, the product of PK startup

56:56 Can you accept MiniMax being acquired by a giant?

Straight to the past

Podcast Update|Talk to Li Zhifei about IPO, GPT-4o and the pain of cutting-edge technology entrepreneurship that you don't know

Is the key to venture capital failing? Talk to Mengqiu: Hibernation, Fewer Human Games, and Rodents

2024 Q1 Global Model Frontier Notes: Talk to Li Guangmi about AGI's infrastructure, marathon and prediction

View original image 33K

• 

• 

•