Recently, the artificial intelligence company iFlytek announced the completion of a new round of financing, amounting to 500 million RMB. Participants in this financing round include well-known industrial funds, state-owned platforms, and various private equity firms. This injection of funds will further accelerate iFlytek's rapid development in smart terminals and industry applications.
Image source note: Image generated by AI, image licensed from Midjourney
It is understood that the success of this financing is primarily attributed to the company's scalable commercial capabilities in edge application scenarios, as well as its ongoing innovation in large model human-computer dialogue technology. The company has formulated a "Cloud + Chip" strategy, planning to accelerate the implementation of large models (DFM-2) and end-to-end dialogue technology in the future, especially in industries such as automotive, Internet of Things (IoT), conference office, and finance.
In recent years, despite the uncertain market environment, iFlytek has maintained a rapid growth momentum. The company focuses on innovation in human-computer dialogue technology and has successfully launched a series of standardized hardware and software products. By the end of 2024, iFlytek will possess nearly 100 globally unique technologies and has cumulatively authorized 1,597 intellectual property rights, including 633 authorized invention patents.
Key points:
🚀 iFlytek completes 500 million RMB financing, primarily to promote technology applications in the smart terminal field.
💡 The company holds nearly 100 globally unique technologies, with continuous innovation driving business growth.
🌐 Will accelerate the application of end-to-end dialogue technology with the "Cloud + Chip" strategy.