Unicorn IPO Speed Up, Artificial Intelligence May Welcome The New Year Of Industry In 2021

For the AI industry, the obvious phenomenon in 2020 is that relevant unicorns are trying to accelerate their entry into the capital market.

Whether it's Shangtang technology, Kuangshi technology, Yitu technology or Yuncong technology, the listing news of "Ai four little dragons" in China continues. At the same time, artificial intelligence enterprises such as Haitian Ruisheng, yunzhisheng and Yuntian lifeI have submitted IPO applications on the science and technology innovation board and are expected to be listed in 2021. Enterprises such as sipic and the fourth paradigm have also disclosed their listing intention or plan.

For a while, who will sprint to become "Ai's first stock" has become a popular topic.

On the other hand, both the artificial intelligence market itself and its integration with traditional industries are also on the rise.

According to IDC data, the overall investment scale of "new infrastructure" in 2020 is expected to reach 275.71 billion US dollars. As one of the most important fields of "new infrastructure", artificial intelligence will also usher in rapid growth. It is estimated that the scale of China's artificial intelligence market will reach 6.27 billion US dollars in 2020, and the compound annual growth rate from 2019 to 2024 will be as high as 30.4%.

"In the past few years, artificial intelligence has changed our way of life and social services, and now it has entered the stage of changing the mode of production." Recently, in an interview with the media including the 21st century economic report, Liu Qingfeng, chairman of iFLYTEK, pointed out that the current application of artificial intelligence in the fields of medical treatment and education has a large number of visible and tangible cases. It can promote the corresponding products in a large scale and prove the application effect through statistical data. They have become the rigid needs of society.

In the artificial intelligence industry, unicorns are trying to accelerate their entry into the capital market in 2020. Visual China

The market is maturing

After several years of accumulation and precipitation, artificial intelligence Unicorn began to march into the capital market in 2020.

According to the public data, eatu technology has entered the inquiry stage of the listing of the science and technology innovation board on December 1, 2020, and another "Ai four little dragons" cloud has entered the acceptance stage of the listing of the science and technology innovation board from December 3, 2020.

The listing of Kuangshi technology started earlier. As early as August 25, 2019, it formally submitted a prospectus to the Hong Kong stock exchange, with a financing amount of US $1 billion. However, due to the failure of the first hearing and the impact of the epidemic situation, Kuangshi technology's listing process in Hong Kong has been delayed.

Shangtang technology also announced IPO intention. It is reported that Shangtang technology is carrying out a new round of financing from 1 billion US dollars to 1.5 billion US dollars. The financing will be completed in 2020. After financing, the estimated value of Shangtang technology will reach 10 billion US dollars, and it plans to be listed on the science and technology innovation board.

In addition, enterprises including Haitian Ruisheng, yunzhisheng, yuntianlifei, sipuchi, and the fourth paradigm have also made actions, or spread their willingness to go public.

AI leading enterprises have accelerated their listing, which is related to the development stage of artificial intelligence industry. "Driven by policy dividend and industrial maturity, China's AI companies are developing rapidly." According to the relevant research team of Societe Generale Securities, at present, domestic artificial intelligence, whether it is basic support, technology driven or scene application, has begun to mature.

Among them, as the core of AI computing power, China's AI chip field has a strong development momentum. The research team of Societe Generale Securities predicts that the scale of China's AI chip market will reach 78.5 billion yuan in 2024, and the CAGR will be 45.11% from 2019 to 2024.

Correspondingly, Cambrian, one of the leading domestic AI chip enterprises, landed on the science and technology innovation board on July 20, 2020. According to the prospectus, the Cambrian revenue from 2017 to 2019 is 7.8433 million yuan, 117 million yuan and 444 million yuan respectively, and the revenue growth rate in 2019 is as high as 279.35%. According to the latest financial report of the third quarter of 2020, the Cambrian single quarter income was 70 million yuan, an increase of 477% year-on-year. The net loss attributable to the parent was 108 million yuan, and the loss of 555 million yuan in the same period of the previous year was significantly narrowed.

In the technology driver layer, from the core area, it involves the voice and image capabilities of the machine. Societe Generale Securities said that the scale of China's intelligent voice market will continue to expand, reaching nearly 20 billion yuan in 2021, and the CAGR in 2016-2021 will be 34.35%. Image intelligence began to develop rapidly after 2015. It is estimated that the scale of China's image intelligence market will reach 112 billion yuan in 2021.

It should be noted that the leading enterprises in science and technology play an increasingly important role. In June 2020, baidu announced that it would continue to increase investment in artificial intelligence, chips, cloud computing, data center and other new infrastructure fields in the next decade. It is estimated that by 2030, the number of Baidu Intelligent Cloud servers will exceed 5 million. Meanwhile, baidu announced that it is expected to cultivate 5 million AI talents in the next five years.

Prior to this, Alibaba cloud announced that it would invest 200 billion yuan in the next three years for new technologies and new infrastructure including cloud operating systems, servers, chips, etc.; on May 26, Tencent announced that it would invest 500 billion yuan in the next five years for the further layout of new infrastructure, and then announced for the first time the architecture of "one cloud, three platforms" for AI's new infrastructure.

"2021 will enter the first year of the 14th five year plan. As an important starting point of economic transformation and upgrading and occupying the global high point of scientific and technological innovation, artificial intelligence is expected to usher in the year of policy dividend." Industrial Securities research team said.

Embrace the new year

Not only is the policy dividend expected, but after several years of vigorous development, artificial intelligence has also begun to enter the realization stage of scene landing.

As a leading enterprise of intelligent voice in China, iFLYTEK open platform has attracted a large number of developers. Liu Qingfeng disclosed in October 2020 that iFLYTEK technology covers more than 2 billion independent terminal devices, with a developer team of 1.57 million and development applications of 930000.

In 2020, the developers of iFLYTEK open platform will have different characteristics. "We used to serve developers, but in 2020 more and more organizations with industry characteristics will join us, such as human resources, content resources, technical resources, etc.," Liu Qingfeng told 21st century economic report. "More and more people who master the platform, resources and core technologies are willing to cooperate with us to provide overall services for developers."

In 2020, iFLYTEK will join hands with more and more leading enterprises in the industry to form a public platform to empower its industry. "IFLYTEK has voice service capabilities such as AI marketing and AI customer service, but when it goes deep into the whole production and manufacturing scene, the industry leaders know more about their industry. Therefore, we work together to verify in the leading enterprises before opening up to the whole industry."

It is accompanied by another trend. Liu Qingfeng frankly said that in the past, developers mainly focused on product innovation and entrepreneurship on iFLYTEK platform. The biggest change in 2020 is that more and more enterprises use AI capabilities to enable their own transformation and upgrading.

"Although we are still in the era of" weak artificial intelligence ", there are many things that can be done in the era of weak artificial intelligence. How to widely apply artificial intelligence technology to the industrial end needs to follow several rules: there must be scenes, not always talking about technology," Li Ruicheng, President of SAP China Research Institute, told the 21st century economic reporter, "artificial intelligence needs to We should pay attention to data, computing power, algorithms and scenarios. Innovation without scenarios has no value. "