一个月50多家公司被投资，这个赛道已经火了丨投中嘉川

Core Insights - The article highlights a significant shift in AI investment focus from large models to practical applications, particularly in the context of recent funding activities in the AI sector [6][7][10]. Investment Trends - In the past month, notable investments have been made in AI education, video, and podcasting, with firms like Hillhouse Capital and Xiaomi's co-founder Wang Chuan actively participating [6][11]. - A total of 788 new AI application companies were established in China since 2022, with nearly 60% located in Beijing, Shanghai, Shenzhen, and Hangzhou [17][30]. - The peak of AI application investments occurred in 2025, with 577 companies securing funding, indicating a growing validation of product capabilities in the sector [22][19]. Company Highlights - ThetaWave AI, founded by two young entrepreneurs, has developed an AI education product that has gained nearly one million users and achieved an annual recurring revenue (ARR) of one million USD [9][10]. - Other companies receiving investment include Clipto.AI, Trooly.AI, and ZAST.AI, which focus on various AI applications such as multi-modal operating systems and AI user research platforms [10]. - In the automotive sector, Yitu Technology, founded by a former executive from Zebra Smart, has attracted investments from ByteDance and Chery, showcasing the intersection of internet and automotive industries [13]. Regional Distribution - The majority of newly established AI application companies are concentrated in Beijing (146), Shanghai (124), Shenzhen (96), and Hangzhou (84), with Beijing's Haidian District being the most prominent area for AI firms [36][30]. - Investment funds in these regions are also on the rise, with Beijing, Shanghai, Shenzhen, and Hangzhou having established numerous funds to support AI applications [36].