投资8年，覆盖硬科技全链，美团要打造物理世界的AI底座

Core Viewpoint - The article highlights Meituan's strategic investments in hard technology, showcasing its role as a significant player in the tech landscape, particularly in the fields of robotics, AI, and semiconductor technology, while contrasting its early investment approach with that of other tech giants [1][2][10]. Investment Strategy - Meituan has positioned itself as a major external shareholder in Yushu Technology, holding 9.65% of its shares, and has been involved in its funding since its early stages, demonstrating a long-term vision for investment [1][4]. - The company has invested in at least 16 early-stage startups in the embodied intelligence sector, with 10 of these companies now valued over $1 billion, indicating a high success rate in its investment strategy [4][8]. Technology Ecosystem - Meituan's investments span across five core areas of hard technology, including embodied intelligence, AI models, semiconductor technology, smart hardware, and autonomous driving, creating a comprehensive industrial layout [2][8]. - The company has invested in leading firms in the GPU sector and semiconductor industry, including companies like Moer Technology and Unisoc, which are crucial for technological advancements [6][8]. Collaborative Efforts - Meituan has established partnerships with over 20 top universities for research collaborations, emphasizing its commitment to long-term technological development despite short-term profit pressures [10][12]. - The company has facilitated real-world applications of its technology through collaborations with startups, such as using robots for automated sorting in pharmacies and drones for logistics, demonstrating the practical impact of its investments [13][18]. AI and User Experience - Meituan has developed its own AI models, such as the LongCat series, to enhance user interaction and optimize merchant operations, benefiting over 340,000 offline merchants [20]. - The integration of AI tools and hardware in its operations reflects Meituan's strategy to transform local life services and improve efficiency across its ecosystem [20][21].