Yinguniverse purchases Kunlun Wanwei AI technical services to accelerate the implementation of customized large model technology

On July 14, Yingyushu Group (3700.HK) reached an agreement with Kunlun Wanwei, the leader in AI concepts, on AI technology services.

According to Kunlun Wanwei’s announcement, the technical service projects planned to be purchased by Beijing Millywood Network Technology Co., Ltd., the parent company of Yingyu Universe Group, include AGI Sky-ChatSaaS API service and AIGC Sky Paint API service. The service content includes AI text generation capabilities. AI image generation capabilities, the purpose of the service is to support Yingyushu Group’s technology implementation in the direction of customizing large models, with a term of one year and a total amount of no more than 15 million yuan.

yinguniverse: Accelerate the creation of vertical models and accelerate the implementation of AIGC technology

Previously, a CITIC Securities (600030) research report pointed out that focusing on ToB is more suitable for the advantages and characteristics of the current large language model. In the medium to long term, it is expected that large language models will form a new ecosystem on the ToB side, from underlying hardware, to cloud service providers, to model development and maintenance, to downstream applications. The bank continues to be optimistic about the development process of the global AI industry.

Yinguniverse Group (formerly known as "Yingke Interactive Entertainment Group") is China's leading interactive social platform. In May 2015, the core product Inke Live was launched, creating a domestic mobile live broadcast trend. At present, the group's business covers three major sectors: live broadcasting, blind date, and social networking, and has laid out overseas markets. It aims to create new interactive social scenes based on AI and other technological forms and build more growth curves. In April this year, Yinguniverse Group accessed GPT3.5 turbo and announced its continued exploration in the AIGC field, targeting development directions such as interactive social networking, AI music, AI scripts, AI operations, and digital human live broadcasts.

Yinguniverse said that this time it joins forces with Kunlun Wanwei to use industry data to further build vertical models, promote the AI intelligent process in live broadcasting, social networking and other directions, bring users an interactive entertainment experience based on AI technology, and further deepen the company's Technology upgrade and application implementation in the AIGC field.

Favorable policies promote the healthy development of AIGC, and the commercial wave of domestic large models has begun

On July 13, seven departments including the Cyberspace Administration of China officially issued the "Interim Measures for the Management of Generative Artificial Intelligence Services" (referred to as the "Measures") to encourage generative artificial intelligence algorithms, frameworks, chips and supporting software platforms. For independent innovation in basic technologies such as AI, it is specifically proposed to encourage the use of safe and trustworthy chips, software, tools, computing power and data resources, while promoting the construction of generative artificial intelligence infrastructure and public training data resource platforms.

The industry generally believes that as artificial intelligence technology continues to develop, independent innovation in the three key elements of data, algorithms and computing power is encouraged, and relevant favorable policies and measures are also constantly promoting the development of the industry, and the AI industry chain is expected to accelerate upgrading. The implementation of the "Measures" indicates that the commercial wave of large models in my country is about to begin. With the resonance of policy and technology, my country's AIGC industry has broad prospects for future development.

Recently, Huatai Securities Research Institute released the in-depth report "AI 2.0: What Can We Do in Ten Years", stating that the smooth operation of the "data-model-application" flywheel will be the key to the sustainable development and iteration of enterprises. In the long term, the biggest investment opportunities in the AI 2.0 era lie in applications, and the pace of implementation may be directly proportional to the degree of digitalization in the industry. This move by Yinguniverse is an important node in accelerating the implementation of AI technology and digital development.

In addition to its efforts in the AIGC field, Yingyu Universe Group’s overseas and offline blind date business has also been widely recognized by institutions. Dongxing Securities research report pointed out that Yingyu Universe Group started from a single live broadcast product and successfully realized the layout of live broadcast, social networking and blind date matrix products. Looking to the future, overseas markets are expected to become the company's new growth point. In 2023, with the recovery of the macro economy, users' willingness to pay is expected to increase. At the same time, the company will also accelerate the layout and promotion of offline dating services in more cities. Overseas business is also worth looking forward to.

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