Hey, did you know? There's been a big news in the tech world lately, and it's really jaw-dropping! Baichuan Intelligence, a dark horse, actually shines on the financing battlefield, and the story behind it is wonderful!
Baichuan Intelligence, recently successfully completed a round of financing, guess how much? That's 5 billion yuan! This is not the end, people have to start a B round of financing at a valuation of 20 billion. As soon as this news came out, the entire technology circle was shaken.
The investors in this Series A are all very promising. Needless to say, Alibaba, Xiaomi, Tencent and other major technology companies, as well as market-oriented investment institutions such as Asia Investment Capital and CICC, and even state-owned industrial investment funds such as Beijing Artificial Intelligence Industry Investment Fund, Shanghai Artificial Intelligence Industry Investment Fund, and Shenzhen Capital have also come.
You must know that in October last year, Baichuan Intelligent completed the A1 round of financing, and at that time, 300 million US dollars were received, and giants such as Alibaba, Tencent, Xiaomi and many top investment institutions participated. Coupled with the previous angel round of $50 million, the total financing of Baichuan Intelligent exceeded 5.3 billion yuan. Isn't this series of numbers dazzling to you?
What does this mean? The competition among the leading large-scale model start-ups in China is quite fierce, and it is simply a dark battle for financing without gunpowder. Like MiniMax, the Dark Side of the Moon, and Zhipu AI, the public valuation has exceeded 20 billion yuan. Moreover, the mainstream funds such as the head VC, technology giants, and state-owned assets have all entered the war.
You say that it is a coincidence that Tencent and Ali not only invested in Baichuan Intelligence, but also invested in Zhipu AI, the dark side of the moon and MiniMAX. Ali, in particular, is a radical and has bet on the most popular "Big Model Five Tigers" on the market.
Let's talk about Baichuan Intelligence, which was founded by Wang Xiaochuan, the former CEO of Sogou, in April last year. After this was founded, the speed of development was called a fast, like riding a rocket. They developed it quickly, and so far a total of 12 large models have been released in open source and closed source.
Baichuan Intelligence's positioning for itself is quite clear, what is the positioning? Super model plus super app two-wheel drive. In May this year, they launched the latest generation of pedestal model Baichuan 4 with hundreds of billions of parameters, and also made the first C-end AI assistant "Baixiaoying". What is the ability of this "Baixiao Ying"? The core competency is to know how to search and ask questions. Think about it, if this is in your mobile phone, whatever you want to ask, it can give you a clear answer, how convenient!
At that time, Wang Xiaochuan said that in order to meet the rigid demand, the scale of super applications must be greatly improved, from 1 million DAUs to 100 million, up and down 3.3 times, that is, between 30 million and 300 million. He is also very confident that Baichuan Intelligence has a better chance of making super applications and can do the best.
In terms of application, Baichuan Intelligent has a unique vision and believes that medical treatment is the "crown jewel of the large model". This Wang Xiaochuan is full of enthusiasm for medical treatment. Why? He felt that the profession of doctor had the highest intellectual density of all professions. Not only do you need to process multimodal information, but you can't have hallucinations, you have to have a strong memory, reasoning ability, and you have to be able to check literature. In his logic, doctors and AGIs are more or less the same.
Not long ago, at the World Artificial Intelligence Conference, Baichuan Intelligent demonstrated the beta version of the medical application AI Health Consultant. Did you know? This is the only head model company in China that focuses on medical treatment. This AI health consultant is built on the general medical augmentation model, and it has surpassed GPT-4 in several authoritative evaluations. Just ask you if you are a cow or not? It is said that this product will be officially released this year, and I don't know how much of a sensation it will cause when the time comes!
Not only medical, Baichuan Intelligence is not idle on the B-side. According to public information, it has served thousands of customers, such as Perfect World, iQiyi, Chuangmeng, and What's Worth Buying, all of which are its partners.
In my opinion, Baichuan Intelligence's series of operations is really admirable. In today's highly competitive era of science and technology, it can rise so rapidly, which not only shows strong technical strength, but also reflects accurate market positioning and strategic vision. Its focus on the medical field has the potential to open up a whole new world and bring unprecedented changes to the medical industry.
It wasn't all smooth sailing. After all, the market is unpredictable, and none of our competitors are vegetarians. In the future, whether Baichuan Intelligence can continue to maintain such a momentum and gain a firm foothold in the rivers and lakes of large models depends on whether it can continue to innovate, constantly break through technical bottlenecks, and meet the diversified needs of the market. But in any case, it has taken solid steps and brought us unlimited imagination space.
Let's wait and see what kind of wonderful chapters Baichuan Intelligent can deduce on the future stage of science and technology!
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