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ChatGPT掀起行业变革,小i机器人(AIXI.US)迎来黄金发展期

ChatGPT revolutionized the industry, and Xiaoi Robotics (AIXI.US) ushered in a golden period of development

Gelonghui Finance ·  Mar 15, 2023 16:00

Recently, Xiaoi Bot(AIXI.US)It successfully completed its listing in the US and became the first Cognitive Intelligence stock in China. Yuan Hui, founder, chairman and CEO of Xiaoi Group, said at the listing ceremony, “Today, we are a leading cognitive intelligence enterprise in China, focusing on empowering the industrialization of artificial intelligence.”

In fact, XiaoiBot has been laying out the chatbot circuit for a long time. However, since it focuses on software and cloud platforms, and does not directly provide physical smart terminal products like Apple, Amazon, and Ali, many investors who have used the Xiaoi robot are not familiar with it. As a result, it was listedAfter that, the market began to notice that it had left a strong mark on the pioneering path of chatbots:

As early as 2004, Xiaoi Bot was the first to launch ChatBot (chatbot) on MSN, becoming the world's first intelligent voice robot, nearly seven years before Apple released Siri. This product, which has an advanced intelligent human-computer dialogue engine, was a quick success. In 2008, the number of Xiaoi robot end users exceeded 100 million, creating the myth of the first chatbot in the 21st century.

The “Chinese version of ChatGPT” competition is imminent. Will this AI unicorn seize the opportunity during the dividend period on the racetrack?

ChatGPT may become the most basic production tool

Chatbots have gone through three stages of growth: 1. Rules-based expert system+machine learning; 2. Deep learning+pre-training models; 3. The era of big models (ChatGPT is representative).

Xiaoi robots have fully experienced and mastered core technology, and have become first-tier players in the market. According to IDC data, Xiaoi Robot's market share and iFLYTEK, Alibaba Cloud, Baidu Smart Cloud, and Tuolus ranked among the top five in the Chinese phonetic semantics market.

Currently, a new industry transformation is about to begin, driving the industry into a golden age. The Haitong Securities Research Institute pointed out that ChatGPT will be the next wave following the PC era, the Internet era, and the smart phone app era.

Specifically, artificial intelligence applications are mainly divided into analytical AI applications and generative AI applications. Analytical AI applications are already widely used. Generative AI applications include generating text, generating images, and generating code, etc., and have creative functions that are beyond the power of traditional AI. However, due to technical bottlenecks, generative AI has not been widely used.

The advent of ChatGPT heralds an important turning point in the development of generative AI. ChatGPT represents that human language can be used/programmed as computer language. This will greatly improve the efficiency of generative AI applications, broaden application scenarios, greatly enhance and create productivity, and open up a broad space for market imagination.

Sequoia, a world-renowned venture capital firm, predicts that generative AI will generate trillions of dollars in economic value; among them, applications in the Chinese market are also expected to exceed 100 billion dollars and double to 200 billion yuan in 2025.

Figure: Scale of application of generative AI technology in China (unit: 100 million yuan)

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Note: The above scale of derivation takes into account various data sources such as the National Bureau of Commerce, GARTNER, third party research agencies, etc.

Source: Guohai Securities

This is the reason why major giants and investment institutions are optimistic about the ChatGPT circuit and seize this market. In addition to Microsoft, Google's parent company Alphabet launched a conversational AI service called BARD; Baidu opened up a “written word” conversational AI service to the public; Xiaoi Robot proposed a technology path integrating ChatGPT to empower more industries and fields such as industry, agriculture, and gaming...

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Source: Southwest Securities Research Institute

There is no doubt that this is a 100 billion dollar blue ocean market, with room to double in the next three years.Among the big fish racetrack, Xiaoi Robot is the target of one of the few chatbots that have been marketed in China with core competitiveness, and has shown different advantages in the ChatGPT wave.

Benefit first from the golden age of AI

ChatGPT-like has many advantages, but there are also many prerequisites, including various factors such as core algorithms, training data, and industry cases.As a result,This racetrack inherently has a high threshold, and only a few contenders will definitely win.Unlike most major domestic manufacturers that are still in the R&D stage, mature leading players such as Xiaoi Robot have an even greater first-mover advantage.

It must be mentioned that ChatGPT is still essentially a probabilistic inductive model based on a limited range of corpus, requiring training and fine-tuning of huge data sets. Zheshang Securities pointed out that ChatGPT is likely to provide misleading content in blank areas where the corpus is insufficient or not covered at all.

This poses difficulties for tech companies:

On the one hand, the data set for the Chinese Big Language Model is even more scarce. Compared to English data, Chinese data is less open source on the Internet, resulting in a relatively small scale of Chinese data sets; high-quality unsupervised corpus and instruction data are particularly lacking, and overall quality is uneven. Judging from this dimension, the pioneer represented by the Xiaoi robot had the advantage that latecomers lacked - after more than 20 years of accumulation,The company has built the world's largest Chinese semantic database and domain knowledge base, so it can create a pre-trained model that is more in line with the needs of the Chinese market.

On the other hand, it is very difficult to obtain data sets in vertical segmentation fields, which makes it difficult to implement ChatGPT in vertical applications.Compared to major Internet companies, Xiaoi Robot not only has experience in large-scale commercial implementation, but also covers a wide range of vertical industries.Xiaoi Robot has nearly 1,000 corporate and government customers, including the top 50 banks, three major operators, technology companies such as Huawei, Xiaomi, and Jingdong, and leading consumers such as Haidilao and Shunfeng.

“In a sense, almost every Chinese person is a Xiaoi user.” Yuan Hui said.Seen from this perspective, Xiaoi robots are likely to be far ahead of competitors in the vertical field.

In addition, the company's R&D team has achieved breakthrough innovation results in many fields and published more than 20 Class A papers. The company has taken the lead and participated in formulating 1 international standard, 5 national standards and 2 association standards, and has taken the lead in formulating the world's first international standard for AI emotional computing.This aspect confirms that the company's technical capabilities have been recognized globally and has laid a solid technical foundation for the company to win the “Chinese version of ChatGPT” competition.

In the midst of the big wave, with first-mover advantage and years of accumulation, the reach of a true ChatGPT company represented by Xiaoi Robot is starting from the artificial intelligence language model and extending to all walks of life, creating a huge AI network that has become the backbone of the upgrading of the digital Chinese industry.

Looking more specifically, Xiaoi Robot has started from intelligent customer service and integrated the advantages of ChatGPT and extended to more AI+ industry application scenarios, including smart finance, smart government, smart enterprises, smart energy and transportation, smart education, smart medical care, intelligent manufacturing, smart parks, and construction and communications.

And by entering the US stock market, Xiaoi is hoarding ammunition for her own expansion strategy. This means that this listing has become the starting point for the company's new growth.

The translation is provided by third-party software.


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