Jiuzhang Yunji DataCanvas Company completed D1 round of financing!

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Recently, Jiuzhang Yunji DataCanvas Company completed the D1 round of financing with a total financing amount of 300 million yuan. Investment institutions affiliated to central state-owned enterprises such as China Electronics Group’s CEC Smart Fund, Huamin Investment, China Taiping’s Taiping Innovation, and Zhejiang Oriental’s Oriental Jiafu, as well as Zhuoyuan Capital and other well-known financial investment institutions focusing on the artificial intelligence track participated in this round Financing.

Jiuzhang Yunji DataCanvas Company, as a national specialized and new small giant enterprise, has been recognized by the market for its "artificial intelligence" technological innovation capabilities and "basic software" product commercialization capabilities. In 2020, it was included in the global AutoML key supplier database by Gartner, and was selected as the top 3 national machine learning development platform vendors of IDC China for four consecutive years. In the field of global artificial intelligence open source, we have independently developed a number of the world's first open source projects, filling the technical gaps in the AI ​​field and leading the cross-era development of the artificial intelligence industry. As a strategic cooperative unit of China Academy of Information and Communications Technology and a core standard participating unit, it jointly compiles and publishes the world's first AI model development management standard, the country's first commercial artificial intelligence development platform, and many other standards in the field of artificial intelligence basic software and large models. As a representative enterprise of general large models in the large model ecological community and a member unit of model partners, Jiuzhang Yunji DataCanvas Company has jointly built a cost-effective intelligent computing center and large model industry cluster with relevant government departments, and has taken the lead in implementing large-scale, reproducible The replicated large model application - Enterprise Knowledge Butler, fully eliminates the pain points and difficulties in the enterprise knowledge management process and fully releases the business value of the enterprise.

Investors said that Jiuzhang Yunji DataCanvas' cutting-edge artificial intelligence technology achievements, including large models, and AI basic software commercialization strategies with significant long-term advantages have fully demonstrated the strength and potential of my country's technological innovation enterprises. Basic software is the foundation of artificial intelligence. The development of basic software of artificial intelligence determines the depth, height, and breadth of the development of artificial intelligence, and has a broad market for commercialization. In the era of large computing power, we should give full play to the advantages of algorithms + computing power, and as a leading company on the track, achieve large-scale industry application capabilities, and are optimistic about the company's future development.

AI basic software is providing the core driving force for corporate innovation and social progress

In recent years, AI basic software has become the focus and layout direction of the government, technical service manufacturers and market customers. Various government departments have successively issued measures and regulations to encourage, support and cultivate the development of basic software products and services as well as support and endowment of existing local industries. Yes, cloud service vendors, technology innovation companies, and traditional companies are all using their own advantages to build the core and extension of AI basic software services, providing a steady stream of vitality for vertical business scenario innovation and cross-industry intelligent decision-making. IDC data shows that by the end of 2022, China's artificial intelligence software market will exceed 30.7 billion yuan. According to calculations by the China Academy of Information and Communications Technology, the scale of my country's core computing industry will reach 1.8 trillion yuan in 2022. Among them, the government, finance, and telecommunications fields will maintain rapid growth. Together with the growth of other professional AI service fields, they will promote the development of China's artificial intelligence basic software. Development and application implementation.

Over the years, Jiuzhang Yunji DataCanvas has provided independent AI capabilities to leading companies in various industries with its industry-leading basic artificial intelligence software. At the product launch conference in June this year, Jiuzhang Yunji DataCanvas Company announced the upgrade of its product system, launching the industry's cutting-edge technology level DataCanvas Alaya Jiuzhang Yuanshi large model, DingoDB multi-mode vector database and other products, which together constitute "AIFS Artificial Intelligence Basic Software" and "DataPilot Data Navigator" core product systems. So far, Jiuzhang Yunji DataCanvas Company has successfully realized the product layout of building the enterprise's "large + small" model capabilities.

The DataCanvas Alaya Jiuzhangyuanshi large model (hereinafter referred to as "Jiuzhangyuanshi") not only includes various choices of configurations and parameters, but is also provided to users in a "white box" form, which allows users to gain access to the technical capabilities of the large model while also Maximized autonomy is also achieved. The openness of Jiuzhang Yuanshi undoubtedly minimizes the threshold for independent application of large models.

In addition, Jiuzhang Yuanshi also has the important attribute of "multi-modality". Supports all types of structured and unstructured data (including numbers, text, images, audio, video, etc.), which will double the value of data assets. At the same time, in order to support the alignment of multi-modal data, the open source product DingoDB multi-modal vector database launched by Jiuzhang Yunji DataCanvas, combined with the Yuanshi large model, can provide storage and analysis for vector data, and facilitate the utilization and analysis of multi-modal data. Management provides essential tool carriers.

Currently, Jiuzhang Yunji DataCanvas has launched a large model solution "Enterprise Knowledge Manager" based on Jiuzhang Yuanshi and DingoDB, which solves the problems of private domain multi-modal data management and application and empowers enterprises to build highly automated and intelligent systems. Enterprise knowledge base accelerates the implementation of multi-modal large models.

From AI basic software to AI basic services, the "cloud within the cloud" strategy is further advanced

From terminal large model applications, to model construction platforms, algorithm platforms, to vector databases, to the lowest level of computing power construction, the popularity of large model technology provides layer upon layer of opportunities for the AI ​​model industry chain. Under the market situation that regards the underlying core technology as the lifeblood of development, artificial intelligence infrastructure has once again detonated. Based on the analysis of future trends and the original intention of providing users with full life cycle services, Jiuzhang Yunji DataCanvas Company officially established an intelligent computing center, which will provide users with "algorithm + computing power" based on the advantages of artificial intelligence basic software products. "Integrated services to build the infrastructure of an efficient computing base.

Fang Lei, chairman of Jiuzhang Yunji DataCanvas Company, said that since the "cloud within the cloud" strategy was proposed, the company has continued to embed AI capabilities into the cloud ecosystem of thousands of industries using AI basic software as a carrier, with remarkable results. The "algorithm + computing power" integrated service launched this time is to seize the huge demand for computing power in the market, deepen ecological cooperation with cloud vendors, intelligent computing centers and other partners, and jointly build high-quality "AI basic services".

In the future, Jiuzhang Yunji DataCanvas will focus on customers' artificial intelligence upgrade needs, implement the "cloud within the cloud" strategy, fully deploy the construction of computing power, accelerate the implementation of multi-modal large model industry, lead the industry with advanced technological innovation, and serve the digital industry Economic construction helps build the foundation.

Investor profile

China Electronics Smart Fund As the industrial investment fund of China Electronics, it insists on serving the main business of China Electronics, invests in strategic emerging industries, and promotes the reconstruction of the computing industry system. Invest in integrated circuits, network security, data industry, high-tech electronics and other fields. Give full play to the advantages of industrial background, promote full coordination between the invested enterprises and the group industry, strengthen the chain of the group, and empower the enterprise after investment.

Huamin Investment is a national team in the field of equity investment and a member of the Central Enterprise Investment Association. With the resource background of authoritative shareholders, the company has extensive links with the capital market and more than 5,000 listed companies, closely following national strategies, and investing in strategic emerging industries. The investment projects involve semiconductors, new materials, new energy, smart cars, artificial intelligence, digital Economics, biomedicine and other directions will comprehensively support the country's industrial upgrading, transformation and economic development.

Taiping Innovation is one of the first domestic insurance private equity fund management companies approved by the former China Banking and Insurance Regulatory Commission. As a professional private equity investment platform under China Taiping Insurance Group, it fully Leverage the professional advantages of insurance funds and China Taiping's role as a central enterprise to lay out investment tracks such as medical health, technology finance, advanced manufacturing, and rural revitalization.

Oriental Jiafu is a mixed-ownership private equity fund management company with "market-oriented operation and professional management" of Zhejiang Province's state-owned listed financial holding platform - Zhejiang Oriental (SH.600120) The institution focuses on investment in early-stage and growth-stage enterprises in the fields of intelligent manufacturing and new materials, new generation information technology and life sciences, and has established an asset management system that combines private equity investment and private securities investment with "primary and secondary investment and research linkage". Up to now, the total scale of Oriental Jiafu's cumulative management funds has exceeded RMB 15 billion, and the cumulative investment companies have exceeded 90.

Zhuoyuan Capital was founded in 2016. It is a professional investment institution focusing on integrated circuits and AI. It originated from the FIT Building Laboratory of the Computer Department of Tsinghua University and was founded by Tsinghua University alumni. Co-founded. Zhuoyuan Capital is committed to building China's leading investment institution in the field of pan-integrated circuits and AI. The founding team's cumulative management and investment scale exceeds RMB 3 billion.

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