On June 13th, Gelunhui reported that during a reception attended by institutions, iFlytek expressed that since the launch of the "1+N" large model R&D special project at the end of 2022, 70% of the company's R&D efforts have been focused on enhancing the underlying capabilities. It is expected that by 2024, 50% of R&D investment will be used to ensure that the underlying capabilities of large models always represent the highest level in China and continue to compete with peers in the United States. The company believes that there is a dynamic catch-up process between the underlying model capacity of China and the United States that will take six months to one year, but China is the only country that will not be completely left behind. As a member of China's AI team, iFlytek is continuously narrowing the gap with its American counterparts.