According to reports from "Intelligence Emerges," the AI large-scale model unicorn company Lingyi Wanyu, founded by Kai-Fu Lee, has completed a new round of financing worth several hundred million dollars, with its valuation surpassing the 20 billion yuan mark. This round of financing involved multiple institutions including international strategic investors and Southeast Asian financial groups, although Lingyi Wanyu has not yet responded to this development.

Established in May 2023, Lingyi Wanyu's core team hails from renowned companies such as Google and Microsoft. Currently, it is referred to alongside Zhipu AI and Baichuan Intelligence as the "Big Model Six Little Tigers," rising at an astonishing pace.

Lingyi Wanyu, Kai-Fu Lee

In the field of AI large-scale models, a valuation of 20 billion yuan has become a threshold. Internet strategic investors and state-owned platforms are entering the market, while an increasing number of companies are seeking support from overseas capital. Lingyi Wanyu is also actively expanding its overseas market, with a product strategy of first validating abroad and then implementing domestically.

In the C-end market, Lingyi Wanyu's AI office tool PopAi has achieved notable success overseas; in the B-end market, its first closed-source model Yi-Large has been launched, serving multiple Fortune Global 500 companies.

Kai-Fu Lee stated that large-scale model manufacturers need to consider how to enter a "long-distance race mode," and introduced the concept of TC-PMF, emphasizing the importance of technological paths and inference costs. Additionally, several high-level AI talents from Google and Microsoft have recently joined Lingyi Wanyu, injecting new vitality into its future development.