Hong Kong, June 29 – Meituan introduced on the Hong Kong Stock Exchange as we speak that it has efficiently accomplished the acquisition of 100% fairness of Guangnian Zhiwai, each domestically and internationally, for roughly 2.065 billion RMB. This acquisition comes within the wake of Guangnian Zhiwai co-founder Wang Huiwen’s departure from the corporate attributable to well being causes, as he seeks medical therapy and takes time for restoration.
In its announcement, Meituan defined that the acquisition goals to acquire main Artificial General Intelligence (AGI) know-how and expertise, offering a chance to strengthen its competitiveness within the quickly rising AI business. Guangnian Zhiwai is a outstanding home AGI innovation enterprise based by Wang Huiwen, dedicated to advancing the widespread use of AGI. Insiders revealed that Guangnian Zhiwai assembled a crew primarily centered on product growth and know-how expertise inside a span of two months, attracting quite a few prime specialists and entrepreneurs within the area of synthetic intelligence. The crew presently consists of roughly 70 people.
Meituan expressed its dedication to supporting the continued exploration and analysis within the area of large-scale fashions by the Guangnian Zhiwai crew following the completion of the acquisition.
The acquisition of Guangnian Zhiwai signifies Meituan‘s strategic transfer to strengthen its place within the AI sector and capitalize on the potential of AGI know-how. With this acquisition, Meituan goals to leverage the experience and sources of Guangnian Zhiwai to reinforce its capabilities within the aggressive AI panorama.
The information of Meituan‘s acquisition of Guangnian Zhiwai has garnered consideration from business insiders and traders, because it highlights the rising curiosity and investments in AGI know-how inside the Chinese market.
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