ModelBest: An AI Large Model Tech Innovation and Application Company 74

Modelbest is a company focused on artificial intelligence large model technology innovation and application implementation, founded in August 2022. The company's vision is "intelligence encompassing all things," dedicated to creating safe and inclusive general artificial intelligence, enabling AI technology to benefit tens of millions of enterprises. Modelbest relies on open-source communities to build large-scale pre-trained model libraries and related tools, accelerating the training, fine-tuning, and inference of models at the hundred-billion-parameter scale and above. The company has launched several large model products, such as the CPM large model and MiniCPM, supporting multilingual capabilities and simple structured input and output.

Company Background

• Founded: Modelbest was founded in August 2022.

• Company Vision: Dedicated to creating safe and inclusive general artificial intelligence.

• Company Mission: Benefiting tens of millions of enterprises through AI technology.

• Company Positioning: Focused on large AI model technology innovation and application implementation.

• Company Address: Located at 150 Chengfu Road, Haidian District, Beijing.

Products and Technology

• CPM Large Model: Supports multilingual capabilities and simple structured input and output.

• MiniCPM: Modelbest's open-source on-device model, supporting multiple capabilities.

• ModelForce Platform: Provides efficient computing tools for the full workflow of large model training, fine-tuning, compression, and inference.

• Technical Innovation: Adopts incremental fine-tuning technology to reduce data labeling and computing costs.

• Application Scenarios: Intelligent writing, intelligent office, intelligent customer service, etc.

Financing and Development

• New Round of Financing: In December 2024, completed a new round of financing worth hundreds of millions of yuan, jointly led by Loongson Venture Capital, CDH Baifu, Zhongguancun Science City Fund, and SAIF Investment Partners.

• Angel Round Financing: In April 2023, completed tens of millions of yuan in financing, led by Zhihu.

• New Round of Financing: In April 2024, completed hundreds of millions of yuan in financing, led by Primavera Venture Capital and Huawei Hubble.

• Use of Funds: For talent recruitment, building infrastructure computing power and data foundations for large models, and the implementation of large models.

• Strategic Cooperation: Reached strategic cooperation with well-known institutions and companies.

• Financial Advisor: Light Source Capital served as the exclusive financial advisor.

Founding Team

• CEO: Li Dahai, co-founder of Modelbest.

• Co-founder: Liu Zhiyuan, assistant researcher at the Department of Computer Science and Technology, Tsinghua University.

• Team Background: Team members have rich research and practical experience in the field of artificial intelligence.

• Academic Contributions: Liu Zhiyuan has published multiple papers at conferences such as AAAI, IJCAI, and ACL.

• Team Philosophy: Promoting the innovation and application implementation of large model technology.

Modelbest's business covers a wide range, from consumer electronics to industry applications, including AI Phone, AI PC, smart cockpits, smart homes, and embodied robots and other fields. It cooperates with well-known companies such as Huawei and Lenovo to promote the popularization of on-device AI technology. At the same time, the company is also deeply deployed in vertical fields such as law and education. Through cooperation with the People's Court Press and Shenzhen Dibo, etc., it applies large model technology to judicial trials, such as the "Faxin Legal Base Large Model," contributing to the improvement of judicial efficiency and the modernization of trials.