After completing the pre-A round of financing, Zhiyu Technology was valued at RMB 400 million to accelerate the launch of AI Commercial Day. The Zhiyu Technology, which focuses on the development of a fully automatic machine learning platform, completed the pre-A round of financing, led by Hongtai Fund. The post-asset value reached 400 million yuan.
For most companies, machine learning is a complex and painstaking job. It costs a lot of money and requires a lot of talent. Only a few experts can create advanced machine learning models. The path of research and development of machine learning is precisely for this pain point. It came into being. Now international frontier companies, including Google and Facebook, are exploring ways to let machines learn independently.
In June 2017, Zhiyu Technology has also been committed to automatic machine learning. It only completed two rounds of financing within half a year and developed a fully automated machine learning platform “EBRAINâ€, which not only enhances the productivity of data scientists, but also helps Let non-professionals also use the machine learning platform freely, and ultimately maximize the work efficiency.
Dr. Xia Pink, founder and CEO of Zhiyu Technology, was a senior scientist at Baidu. He is mainly responsible for the CTR team of Baidu's ultra-large-scale machine learning. He has been involved in the research and application of machine learning for more than 15 years and is attending the top conference of machine learning. Magazine JMLR, ICML, NIPS, etc. have published many articles. The core members of Zhiran Technology are well-known Internet companies from Baidu, Alibaba, Sina, etc. They have been deeply researching in the field of machine learning for more than ten years, mastering the most advanced large-scale machine learning technology, and have rich project experience.
Dr. Xia Pink, the founder, said that Zhiwu Technology has helped enterprises to achieve more data analysis and forecasting (more data to process, more parameters to accommodate), fast (automatic rapid modeling, deployment), and good (model accuracy reaches the world's leading level) ), province (saving labor, more focus on the business itself), through the efficient large-scale distributed machine learning training framework, to achieve automatic parameter adjustment, automatic feature learning, reducing the threshold for the development of artificial intelligence.
At the same time, EBRAIN has the fourth generation of machine learning capabilities, with the following main advantages:
1, in the field of machine autonomous learning, Google's use of Auto ML not only can solve the pain points of machine learning for enterprises, but also can realize this skill on the cloud and expand Google Cloud, which represents the development direction of cloud computing companies. As a platform-level commercial software, EBRAIN, developed by Zhiwu Technology, also supports privatization deployment and SaaS services, building a foundation for customers to achieve intelligent change.
2. At present, Zhiyu Technology has cooperated with companies in various industries such as finance, medical care and Internet of Things to provide services. The current functional applications of the products cover click-through rate estimation, anti-fraud detection, market precision marketing and personalized recommendation. Etc., to meet the different needs of different scenarios, and the effectiveness of the product has been verified by practice, not only can bring revenue growth and cost savings for the enterprise. After this round of financing, founder Xia Pink said that it will continue to optimize the automatic machine learning platform "EBRAIN", expand more application scenarios, and expand the R&D team.
3. Jin Haiyan, vice president of investment in Hongtai Fund, said that the era of AI engineers in short supply, Xiafen's fully automatic machine learning platform, can enable non-professional AI practitioners to use the machine learning platform freely, and the people in the enabling industry have The ability to use AI is very powerful and valuable. This platform has been initially validated by benchmark customers in multiple industries. Hong Tai is very willing to support such a team of scientists to contribute to the promotion of AI democratization and accelerated commercialization.
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