Shenzhen Bell Information Technology Co., Ltd. (“Using.AI”) recently has announced the completion of ten millions of CNY in pre-Series A funding, investors are Legend Capital and GSR United Capital.
Using.AI is an artificial intelligence application service provider dedicated to the research, development, and sales of new generation universal artificial intelligence technology and related products. It uses artificial intelligence to create self-learning solutions that improve the state of advanced manufacturing today.
Relying on its core underlying technology: Meta Learning, Using.AI has achieved breakthrough results in high-end manufacturing fields such as OLED, Optics Components, and semiconductor devices. Meta Learning enables machines to learn, possessing fast learning and generalization abilities.
Using.AI have built a ‘Meta model + industrial model’ by utilizing Meta Learning, focusing on solving vertical industrial problems and helping with efficiency, especially in the industrial, resources and energy sectors.
According to Bloomberg Intelligence, the generative AI market was worth USD 40 billion in 2022 and is expected to reach USD 1.3 trillion by 2032. IDC states that the market size of AI in China will achieve USD 26.44 billion in 2026, and the compound growth rate (CAGR) from 2021 to 2026 will exceed 20%. The growth of artificial intelligence has led to the creation of new jobs and skills across almost all industries, AI tools will make many roles more productive in what they do as a complement to the human worker.
In addition to Using.AI, many companies are competing in the Artificial intelligence application market, such as 4Paradigm(第四范式), SenseTime(商汤科技), Qingdao Ainnovation Technology(创新奇智), PCI Technology (佳都科技), , Momenta (初速度), YITU Technology(依图科技), and Horizon Robotics (地平线) in China, and Open AI, Clarifai, IBM and NVIDIA in United States.
The investors Legend Capital and GSR United Capital stated that they are looking forward for the sustainable development of Using.AI. Using.AI has excellent technical capabilities and solid business operations. They have created solutions for AI intelligent operating systems and implemented customer solutions in multiple industrial scenarios and circumstances. Not only to provide customers with optimized product solutions, but also expanding new application scenarios and pursuing higher quality, efficiency, and cost-effectiveness products for enterprises.