Group 1: Company Overview - The company, Mianbi Intelligent, has completed a new round of financing amounting to several hundred million yuan, with investments from Hongtai Fund, Guozhong Capital, Qingkong Jinxin, and Moutai Fund [1] - Mianbi Intelligent was founded in August 2022 and is incubated by Tsinghua University's NLP laboratory, with co-founder Liu Zhiyuan serving as the chief scientist [1] - Since 2024, Mianbi Intelligent has completed three rounds of financing, with the last round also being several hundred million yuan [1] Group 2: Market Strategy - Mianbi Intelligent adopts a "small to big" strategy, focusing on low-cost, relatively small parameter models to achieve high efficiency, which has gained recognition in the industry [2] - The company is one of the early adopters of the "edge large model" strategy, which refers to AI models that run locally on devices like smartphones and PCs, independent of cloud servers [2] - The edge large model is expected to accelerate penetration into the industry by 2025, with multi-modal interaction scenarios maturing and widespread applications in consumer electronics [3] Group 3: Commercialization Progress - Mianbi Intelligent's edge large model platform, MiniCPM series, has surpassed 10 million downloads [5] - The company launched its first edge full-modal model, MiniCPM-o 2.6, with a parameter scale of only 8 billion, capable of image understanding and multi-modal real-time interaction [5] - Mianbi Intelligent has made significant strides in the automotive sector, with the first mass-produced model featuring its edge model, the Changan Mazda MAZDA EZ-60, hitting the market [6] Group 4: Industry Impact - The edge AI market in China is projected to grow to approximately 1.9 trillion yuan by 2028, driven by explosive demand for intelligent and real-time capabilities in edge devices [4] - The deployment of AI large models on the edge addresses issues related to network latency, privacy, and computing costs, unlocking the computational potential of devices [4] - Mianbi Intelligent has also ventured into vertical fields such as law and education, assisting in the development of AI systems for judicial processes and educational support [6]

Group 1: Financing and Investment - Recently, Mianbi Intelligence successfully completed a new round of financing amounting to several hundred million yuan, led by Hongtai Fund, Guozhong Capital, Qingkong Jinxin, and Moutai Fund [1] - Since 2024, Mianbi Intelligence has maintained a steady financing pace, completing three rounds of financing, with significant investments from various venture capital firms [1] - Mianbi Intelligence and Zhipu AI are among the few companies that have successfully secured continuous financing amidst a challenging environment for large model companies [1] Group 2: Commercialization in Automotive Sector - Mianbi Intelligence is accelerating its commercialization process, particularly in the automotive industry, with the launch of the "Little Steel Cannon Super Assistant cpmGO," the world's first pure edge-side intelligent assistant for vehicles [2] - The debut of the MAZDA EZ-60, equipped with Mianbi's edge-side model, marks a new phase in the commercialization of edge-side large models in automotive cockpits [2] - The company has established partnerships with leading automotive manufacturers such as Changan Automobile, SAIC Volkswagen, and Great Wall Motors to promote large-scale deployment of edge-native intelligent cockpits [2] Group 3: Expansion into Vertical Industries - Mianbi Intelligence is also making strides in vertical sectors such as law and education, contributing to the development of national-level legal AI infrastructure [3] - The company has assisted in the launch of a judicial vertical large model that has supported over 291,000 cases and generated 11,600 draft documents since its trial run in January 2024 [3] - In education, Mianbi has partnered with Tsinghua University to introduce an AI learning assistant, aiming to create an automated classroom model with a student graduation rate exceeding 40% [3] Group 4: Technological Advancements - Mianbi Intelligence's edge-side model capabilities are continuously evolving, with the MiniCPM series gaining widespread recognition [4] - The MiniCPM-o 2.6 model features 8 billion parameters and supports innovative functionalities such as real-time interaction, achieving international leadership in image understanding and speech processing [4] - The MiniCPM series has surpassed 10 million downloads, establishing itself as a technical benchmark for edge-side large models globally [4]