The more you are crazy, the more you should stay calm.

Editor’s note: This article is from WeChat public account “a little finance” (ID: yidiancaijing) < /a>,Author / Liu Yajie,Editor / Liu Wei.

For capital, artificial intelligence and computer vision are among the few outlets in the market. If you can’t grasp the opportunity, you may not be able to take off again.

Does business, contempt, and many companies that use AI as keywords to mature enough to take control of their own destiny? Is the whole era ready for the baptism of new technologies… Everything is unknown.

Despise seems to be a little anxious.

The capital market has been volatile and sorrowful. There are rumors that, given the difficulty of maintaining the $4 billion valuation, contempt has begun to consider giving up the Hong Kong IPO. Unexpectedly, the IPO will continue to advance as planned through the official reply “Report is not true” – even if the world is dangerous, the environment is bad, the opponent is shining, and the contempt is also to grab the “AI first stock” name.

The position of the top spot in the AI ​​industry is too long, and I don’t want to hide my ambitions.

Despise in 2011, Shang Tang got up in 2014. When the “AI Four Little Dragons” in 2015 was first exposed, it was clearly the big brother of Jianghu; nowadays, Shangtang has a 23% market share, and 20.6% of the contempt is slightly deteriorating (IDC data). Do you want to open up the world, reinvent the meaning of the shackles, despise you can sit and watch? There can only be one big brother in the rivers and lakes.

As two other “small dragons”, according to Figure (10.1%) and Yun Cong (8.1%), the volume is limited. Once the four parties have become the two strong rivals, there is “Southern Murong,” Bei Qiaofeng’s legacy. Despise the use of front-end technology to break through the market, it is like the Murong Fu who moves to the stars; Shang Tang is in the world, like the peak of the mountain. At the moment, the world’s martial arts must have a strongest battle.

Of course, there may be another result: Murong Fuguang is hopeless, and eventually mad; Qiao Feng is a life of Ji Cangsheng. Perhaps contempt and business soup has not yet decided, a madness and death has come to an end.

Do not steam your head and sigh.

Unlike many competitors, contempt and business soup have deep roots.

In 2011, Shi Qi, Tang Wenbin, and Yang Mu, who were the winners of the Chinese Turing Award winner Yao Qizhi, jointly created contempt, and the famous and decent, and the Taoism was pure and became their common mark. Technical backThe deep-rooted Yinqi owns a majority stake in the company, insisting that contempt along the direction of computer vision and artificial intelligence, and soon became unique in the rivers and lakes.

After three years, Tang Xiaogu, a professor of information engineering at the Chinese University of Hong Kong, took the foundation of computer vision and deep learning. When the company was first established, it obtained tens of millions of dollars in financing, and became a partner with Qualcomm, Huawei, Xiaomi and other companies, and there are many latecomers.

Among the many companies, the two start-up companies are so similar: the founders are famous, they are all guided by technology, and the debut will usher in the attention of all parties, and will naturally be judged by all parties. Many people think that their initial differences are only the starting time, and only a few years later they found that the difference is getting bigger and bigger.

IPO

The two companies all use “computer vision” and “artificial intelligence” as their core competitiveness. They have also gone through several rounds of financing, but the financing quota has maintained a subtle gap. Every time I despise the creation of a new industry record, I am always overtaken by Shang Tang. The face of Jianghu boss is already a mirror.

The public data shows that when Shang Tang’s third round of financing in December 2016, the corresponding amount has reached 120 million US dollars, and the rumor has broken through the 100 million yuan mark has reached the fifth round; since then, the rhythm of Shang Tang financing The faster the rate, the gradual increase of the quota, only completed the three rounds of financing in 2018, the overall amount of more than 2 billion US dollars, during the rapid development of Shang Tang, contempt has remained silent.

IPO

“The data proves that in the minds of investors, the same ‘AI Four Little Dragons’, the value of Shang Tang is higher than contempt,” an industry source said.

It is also during this time that Shang Tang has the title of “financing machine”; in contrast, contempt is much dim and there is no need to find opportunities to prove himself. “This (listing) will happen, we hope to be the first one.” By defying the inspiration of the founder of the technology, Inge, it is not difficult to see the company’s determination, in any case, can not give up this opportunity in Hong Kong IPO.

On August 25, 2019, contempt for submitting application documents to the Hong Kong Stock Exchange, plans to raise $1 billion, Goldman Sachs, JP Morgan and Citigroup