Lei Jun and Wang Xiaochuan join forces and advance in the rise of the big model era. The latest news reveals that Wang Xiaochuan's startupall riversIntelligence, has become the focus of Lei Jun's large model layout. In Baichuan Intelligence's two rounds of financing, Lei Jun played a key role in providing strong support for the company. However, there are two other star big model unicorns in Lei Jun's big model horse racing game, making the whole situation even more compelling.
Lei Jun's collaboration with Wang Xiaochuan uses themilletGroup and Shunwei Capital by way of capital injection, which marks their deep cooperation in the field of big models. Baichuan Intelligence, founded by Sogou founder Wang Xiaochuan in March this year, starts from basic big models and keeps releasing models in parallel with open source and closed source. Lei Jun first invested in this company in May this year. As Lei Jun's "two hands", millet and Shunwei at the same time participated in Baichuan intelligent A1 round of financing, the round of pre-investment valuation of hundreds of millions of dollars, the financing amount of more than hundreds of millions of yuan. In addition, Tencent Investment, Tsinghua Holdings, Good Future Ventures, Shenzhen Venture Capital and other investors also joined this round of financing.
Not only that, BCinks Intelligence also A3 round of financing, according to market rumors, Shunwei and millet again large investment, financing amounted to tens of millions of dollars. About these investment news, BCinks Intelligence has not yet made a clear response.
However, Baichuan Intelligence is not Lei Jun's only choice for big model startups. It was previously revealed that Xiaomi Group and Shunwei Capital have invested large sums of money in influential large model companies in the market. But which company has been so favored? Wisdom SpectrumAIand MiniMax, two high-profile companies that have become the highlight of Lei's layout of the large modeling field.
Lei Jun's layout of the big model is already clearly visible: he drew on Xiaomi's successful model in the era of the mobile Internet, and adopted the strategy of investment and financing, internal research and external investment, and responded quickly to the trend of the big model with faster, more accurate and more decisive decision-making power.
BCinks Intelligence Opportunities and Challenges in the Large Model Market
As one of the three highly regarded big model startups in the market, Baichuan Intelligence does have a strong presence in the big model space. First of all, the company is backed by founder Wang Xiaochuan, who has an excellent reputation in the industry. Baichuan's team claims to be "building the best big model foundation in China" and plans to release a big model comparable to GPT-3.5 by the end of the year. This ambition is impressive, but BCI is confident. Founded in late March, the company publicly announced its existence in early April, and two months later it launched its first open-source commercially available big model, Baichuan-7B, and has been releasing larger models at a monthly frequency. Many consider it to be one of the fastest moving companies in the domestic large model market, and not only is it moving fast, it is proving its strength with its products.
At the end of August, Baichuan Intelligence officially opened their services to the public. Now, their Baichuan series of large models have been updated to Baichuan2 version, and the latest news is that they released the closed-source Baichuan2-53B with 53 billion parameters at the end of September, and launched the API interface to start entering the enterprise market.
However, Baichuan Intelligence faces tough competition and challenges. On the one hand, as a startup, it had to stand out in a competitive market against giant companies. On the other hand, adopting open-source and closed-source to advance in parallel means that it needs to face more competitors, which increases the financial and resource requirements. In addition, Baichuan Intelligence's competitiveness and attractiveness to talent has not yet fully matured, which has been a source of concern. While there are many former Sogou employees on the team, with theOpenAICompared with giants such as Baichuan Intelligence, there still seems to be a gap.
Baichuan Intelligence is facing unprecedented opportunities and challenges, and must move forward in the fierce competition. And now, Sohu's Zhang Chaoyang has also invested in big models andartificial intelligence (AI)The field, and the object of investment is BCinks Intelligence. This dynamic market is still full of variables, let us wait and see the future development of BCinks Intelligence.
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