On March 6th, Open Source China (Open Source Consensus (Shanghai) Network Technology Co., Ltd.), a leading enterprise in the open-source technology ecosystem, announced the completion of hundreds of millions of yuan in Series C financing. This round of financing was led by Beijing Information Industry Development Investment Fund (Beijing Information Industry Fund), with Shenzhen Special Zone Daily Equity Investment Fund (Shenzhen Special Zone Daily) and Beijing Shanghe Momentum Private Equity Fund (Shanghe Momentum) following suit. Index Capital acted as the financial advisor. The funding will be used to deepen its AI strategy, expand its product matrix, promote intelligent solutions with software and hardware synergy, and facilitate the implementation of AI in industrial fields. Founder and Chairman

Baidu is preparing to release its next-generation AI model, Wenxin 4.5, expected to launch in mid-March. Internal sources suggest significant improvements in core areas such as reasoning, marking another major advancement in Baidu's AI technology.

On February 24, LiblibAI announced it has completed four rounds of financing within just one year, setting a new record for the speed of financing in the domestic AI application sector. Following hundreds of millions in financing disclosed in July 2024, LiblibAI has successfully secured hundreds of millions again. The latest two rounds of financing were led by Yongce Capital and Shunwei Capital, with existing shareholders like Ming Shi Venture Capital also participating heavily.

According to Intelligent Eruption, embodied intelligent agent operating system developer Yunjinwei recently announced the completion of an angel round financing of several million yuan, led by iFlytek. This round of financing will be used for core technology product development and market ecosystem construction. Founded in June 2021, Yunjinwei focuses on the development of embodied intelligent agent operating systems. The company was founded by Dr. Wang Wenyu, former general manager of the hardware division of Yitu Technology, and co-founder Dr. Zhou Chang was formerly responsible for visual large model development at Alibaba's DAMO Academy for the Urban Brain. The team has received support from Ningbo's Yaojiang Talent Plan and Yongjiang Talent Engineering Plan.

Recently, X-ORIGIN-AI announced the successful completion of hundreds of millions of RMB in angel round financing, led by Alpha Community, with multiple industry investors participating in the follow-up investment, and Ren Chen Capital serving as the exclusive financial advisor. The funds raised will mainly be used for technology research and development, talent recruitment, and market expansion, aiming to further advance the development and implementation of its all-scenario consumer-grade AI robot products. Image source note: Image generated by AI, image authorized by service provider Midjourney. X-ORIGIN-AI focuses on developing companion robots.

Chinese emerging AI large model company Jumps Star recently announced significant news, completing hundreds of millions in financing. This round was led by Fortera Capital, a private equity investment institution under the Shanghai state-owned capital investment and operation platform, with well-known firms such as Tencent and Qiming Venture Partners participating. Founded just over a year ago by former Microsoft Asia Research Institute Chief Scientist Jiang Daxin in April 2023, Jumps Star has already made breakthrough progress in the field of multimodal large language models.

Beijing Mianbi Intelligent Technology Co., Ltd. recently announced the completion of a new financing round of hundreds of millions of RMB. This round was jointly led by Loongson Venture Capital, Dinghui Baifu, Zhongguancun Science City Fund, and Sequoia Capital. The Beijing Artificial Intelligence Industry Investment Fund and Qiming Venture Partners participated as co-investors, with Wanjia Capital acting as the exclusive financial advisor. Mianbi Intelligence plans to use this funding to accelerate the commercialization of terminal-side AI large models, aiming to provide high-performance, low-energy consumption, and faster large model services under the same parameters to deeply serve the industry and create tangible value for users.

The technology company 'Accelerated Evolution', dedicated to humanoid robot research and development, has completed hundreds of millions in pre-A funding, with investors including Bianshi Times, Minyin International, Zhongguancun Science City, and iCANX Fund, along with follow-up investment from Inno Angel. The funds will primarily be used for the development of a general ontology and enhancement of software development capabilities. CEO Cheng Hao pointed out that the AI-driven humanoid robot boom, especially the demand for vehicles of Artificial General Intelligence (AGI), is driving the transition of humanoid robots from specialization to generalization. The company's phase one commercial positioning is to provide developers with general biped robots.

Researcher Naphtali Deutsch discovered that hundreds of open-source large language model (LLM) building servers and dozens of vector databases are leaking large amounts of sensitive information. This problem arises from companies neglecting the security of related tools in their haste to integrate AI into their workflows. By hacking into 438 Flowise servers, he revealed stored sensitive data, including GitHub access tokens, OpenAI API keys, Flowise passwords, and API keys. Additionally, he found...

The leading domestic AI image generation platform "LiblibAI" has completed three rounds of financing in the past year, totaling hundreds of millions of RMB, setting a record for the largest total financing in the domestic AI image sector. These three rounds include an angel round led by Source Code Capital, a second round led by strategic investors, and a third round led by Mingshi Capital, with existing shareholders continuing to increase their investment. Yuan Shi Capital served as the exclusive financial advisor in multiple financing rounds.

During the Industry Development Main Forum of the 2024 World Artificial Intelligence Conference, Baidu founder Li Yanhong delivered a speech. He emphasized that in the era of artificial intelligence, developing "super-efficient" applications is more important than chasing "super-apps" with a daily active user count (DAU) of 1 billion. Li Yanhong believes that we should transcend the thinking patterns of the mobile era and avoid falling into the "super-app trap," recognizing that the definition o

ChinaZ.com (SiteOwner's Home) July 1st News: Recently, the Baidu Pan Disk's One Second Photo Album App introduced an innovative feature called AI Physical Appearance Prediction, which can forecast a baby's future look. Users only need to upload a photo, and within a minute, they can obtain a high-definition predicted image. Baidu Pan Disk has trained the prediction results more closely aligned with the characteristics of Chinese babies using a large amount of customized public data. The steps to

The JFrog security team has discovered at least 100 malicious AI ML models on the Hugging Face platform. Some of these malicious models are capable of executing code on victim machines, providing persistent backdoors. Security researchers found models with malicious functionalities among the PyTorch and TensorFlow Keras models on the platform. For instance, a model uploaded by a user named baller423 can establish a reverse shell to the host 210.117.212.93. Some malicious models may be motivated by security concerns.