China-based artificial intelligence company Moonshot AI, e-commerce giant Ali Baba and investment company HongShanIn the tour led by 1 billion dollars investment took. This investment was also touted as the highest investment received by a Chinese AI startup since the launch of ChatGPT.
Moonshot AI, known as Yuezhi Anmian in Chinese Yang Zhilin It was founded by in April 2023. At an industry event last November, Yang Zhilin said that the ability to process long texts is critical for the future development of existing artificial intelligence models.
The capacity of an LLM depends in part on the number of parameters, which is a measure of the complexity of an AI model. According to local media reports, ChatGPT is trained on 175 billion parameters, while Moonshot LLM has more than 100 billion parameters. It should be noted that the startup launched Kimi Chat, the first major language model that can process long text inputs of 200 thousand Chinese characters, in October 2023.
Moonshot AI had received an investment of $300 million before the last round. Attempt, With a team of more than 80 people is operating. It is also shared that Moonshot AI’s core team members participated in the research and development of other major language models such as Google Gemini, Google Bard, Pangu NLP and WuDao.
Meanwhile, there is another startup based in New York, called Moonshot AI, and it is stated that the two companies may have problems with the name in the future. The New York-based company offers an artificial intelligence platform that helps e-commerce stores fully automate their online operations to increase conversions, sales and revenue. Moonshot AI, based in China, operates like OpenAI.
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