On April 10, Wang Xiaochuan, founder of search engine operator Sogou, introduced the institution of a new AI venture referred to as Baichuan Zhineng. The startup goals to develop and supply common synthetic intelligence providers in search, schooling, and healthcare, leveraging breakthroughs in language AI. According to Wang’s assertion on the Twitter-like platform Weibo, his AI startup has already began coaching a big mannequin with 50 billion parameters, which is making “smooth progress.” The firm has set its sights on “releasing the best large model and disruptive products in China by the end of the year,” he added. Baichuan Zhineng has secured $50 million in startup funding and plans to broaden its workforce to 50 folks by the tip of this month, in line with the assertion. [Wang Xiaochuan’s statement, in Chinese]
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