Chapter 118: Shang Dynasty Technology

As soon as he heard Ren Fan say this, Zhang Yida was also a little disappointed.

However, it is strange to think that the emerging technology business group is already responsible for the research and development of four cutting-edge technologies: AI, cloud computing, big data, and blockchain......

When it comes to face recognition, we have to think of the famous CV (Computer Vision) Four Dragons in the previous life.

The first dragon, Shangchao Technology, through the development of core technologies, will apply a number of core artificial intelligence technologies such as face recognition, image recognition, artificial intelligence chips, medical images, and autonomous driving, and will "empower all industries" with AI+.

He has great ambitions, aspires to become an AI platform company, and has the highest valuation, and Zhang Yida has exceeded $7.5 billion when he was reborn.

The second dragon, Queungshi Technology, focuses on the To B field, with three business lines of security, finance and travel, with a valuation of more than 4 billion US dollars.

The technical strength is very strong, and it once beat Facebook in the face recognition rate competition of international competitions.

The third dragon, Yitu Technology, mainly focuses on the medical field, using AI to intelligently diagnose medical records and turn clinical data into diagnostic results.

At Xueyou's concert, he also helped the police identify and capture several fugitives......

The founder is also Hawking's apprentice grandson......

The valuation is lower, almost $2.2 billion.

The fourth dragon, Yuncong Technology, the "national team" of the artificial intelligence industry, was incubated by the Research Institute of the Chinese Academy of Sciences.

Backed by a big tree, it is the first financial face recognition enterprise in its previous life, and its customers cover many companies such as banks, securities, funds, and insurance.

In his previous life, the valuation was as high as 4 billion US dollars, and Zhang Yida was very greedy, but he couldn't invest in it even if he had money.

can only focus on Shang Dynasty Technology, Queungshi Technology, and Yitu Technology.

Zhang Yida remembers that in his previous life, Ahri, Leech Financial, and Yunfeng Fund respectively invested in these three companies, and they were also the largest shareholders.

In this life, hum!

There are not many hard-core technologies in China, all of them are treasures, which are scarce resources and have great investment value.

Seeing that Zhang Yida was silent there, Ren Fan was a little apprehensive, Mr. Zhang did not attach importance to their emerging technology business group, and asked for money to give money, plus the next 400 million US dollars, the investment before and after has been as high as 3.3 billion yuan.

At the same time, the company's strongest R&D strength and best engineers are also concentrated in the emerging technology business group.

We must not let Mr. Zhang down, and we must be worthy of the investment of money and resources. Ren Fan gritted his teeth and said:

"Mr. Zhang, give me another half a year, and I will make a military order to ensure the completion of the development task of face recognition technology. ”

Zhang Yida just thought about CV The Four Little Dragons were distracted, came back to his senses, waved his hand and said:

"You should focus on the research and development of the four cutting-edge technologies! Don't be too distracted. Face recognition doesn't matter for the time being, I've already found a target. ”

Ren Fan thought that Zhang Yida was going to merge and acquire a face recognition technology company, but he thought that he was a little too busy with the current scientific research tasks, and said with a wry smile: "That's okay, just according to Mr. Zhang's arrangement!"

Zhang Yida asked again: "Is Ruixiang Financial Cloud online on our platform?"

"It will be launched within this month, and it will be tried by the loan supermarket first. "Ren Fan replied.

Zhang Yida nodded: "According to the customer's big data, we can automatically analyze the qualifications and match the loan products, right?"

"It has been tested tens of thousands of times, and the accuracy rate is as high as 97%. Combined with the mung bean credit platform, it can complete thousands of dimensions of information analysis within 3 seconds, and match users with the most suitable loan products.

A-level customers are matched with bank loan products, B-level customers are matched with licensed consumer finance products, and C-level customers are matched with small loans and top Internet loan products. ”

When it comes to the proud product of Ruixiang Financial Cloud, Ren Fan is full of praise.

In addition to banks and licensed finance, Ruixiang's cooperative corporate customers only cooperate with the top compliance platform, and the annualized interest rate is within 36%.

This is also Zhang Yida's special request, Ruixiang's scale and brand are getting bigger and bigger, and we must cherish our feathers.

"Okay, do a good job of data tracking. After the loan supermarket is qualified, the financial cloud will be handed over to Tiance Technology to promote. Speaking of this, Zhang Yida looked at Xie Huaiyu again and instructed:

"Lao Xie, the promotion task will be handed over to you. Tiance Technology has so many B-end customers in its hands, and it is highly matched. ”

"Okay, leave it to us! I think customers will love such an NB product. Xie Huaiyu said with a smile.

Zhang Yida looked at Wang Lina again and said, "Lina, let's plan for your mobile service business group next." I have high expectations for Diandian, and you have to take on this heavy responsibility. ”

After Penguin became a shareholder of Ruixiang, it gave up investing in Diandian, and Ruixiang did not need to be split out for operation, and was directly assigned to the mobile service business group.

In the future, the mobile service business group will be mainly responsible for three independent apps, Kawang Credit Card Manager, 365 Bookkeeping Manager, and Diandian.

Wang Lina is very happy, Diandiantiao used to be operated independently in the form of a subsidiary, and when it is divided into the mobile service business group, her authority has increased by three points. Said with a happy face:

"Mr. Zhang, don't worry, I will not live up to your trust. ”

"Alright, that's it!!" Zhang Yida announced.

Everyone else left, and Zhang Yida was about to leave when he was called down by Lin Zhen.

"What's the matter? mysterious. When Zhang Yida saw Lin Zhenyang, he sat back in his original position.

"I want to buy a suite, buy a car, do you have any suggestions?" Lin Zhenyang asked.

"Damn, are you angry with me here? Set up $67 million, buy whatever you want. Hey, I regret dying, I knew that I had calculated it, and I was so poor that I would die. After speaking, Zhang Yida made a look of remorse.

"No, there is $67 million, and the tax deduction is only $53.6 million. Hey, there are too many sets, I don't know how to spend them!" Lin Zhenyang had a regretful expression.

"Buy a villa, buy a Maybach or a Bentley, a Rolls-Royce. You can also buy a sports car, but try not to drive it to the company.

We are the first generation, not the rich second generation, and we have been photographed by the media, so it won't sound good to make up some news for you. ”

Zhang Yida has considered it far-reaching, although Ruixiang's current valuation is as high as 10 billion US dollars, it has been burning money, and it is still investors' money.

In this case, it is far from a success. was photographed by the media for pleasure, and then splashed some dirty water, and the image was very damaged.

"Well, that makes sense. That's why I'm here to ask you!" Lin Zhenyang was a little unsure of Zhang Yida's attitude, so he asked specially.

Ruixiang Group is a two-person company, if you do something that damages the company's image, the company's interests will be damaged, and Zhang Yida will not look good, so communicate in advance.

He really wants to buy a villa, but Zhang Yida still lives in an ordinary community, so it's better to ask his opinion first.

The reason why the cooperative relationship between him and Zhang Yida has always been very harmonious is inseparable from this seven-trick exquisite heart.

Zhang Yida also realized his intentions and said with a smile:

"Lao Lin, don't be like this. The money you pay for cashing out your shares is your own money, and you can spend it however you want. Just say, try to keep a low profile. ”

Lin Zhenyang smiled faintly and didn't say anything more.

……

"Old Lei, what's the situation now?" Zhang Yida asked Lei Dongming on the phone.

"Shangchao Technology is planning a round of financing, and it is said that IDG has been following up and is about to negotiate. ”

Lei Dongming was a little anxious, lamenting that the contact time was a little late, and I don't know if I can participate in this round of financing?

Zhang Yida's eyes flashed, and he said:

"You immediately contact Shang Chao Technology, and we will fly to Hong Kong Island today to talk. ”

……

On the flight from Beijing to Hong Kong Island, Lei Dongming glanced at Zhang Yida and said, "How can you talk about it in the past?"

"How else can you talk about it, give them a price that they can't refuse. Zhang Yida was reading a magazine, and replied casually without raising his head.

"In this way, it is possible that the lion on the technology side of the Shang Dynasty will open his mouth? And it also breaks the rules, I'm afraid there are opinions on the IDG side." ”

Lei Dongming frowned, feeling that Zhang Yida's method of raising the price was not a good way, it was easy to offend people, not to mention, and he would have to pay a higher price.

"Are you so optimistic about Shang Dynasty technology?" asked Lei Dongming again.

"Well, artificial intelligence, that's the big trend of the future. Zhang Yida put away the magazine and replied seriously.

"Do you have a deep industrial combination with Ruixiang? or invest together with IDG, anyway, it's only a round A, and we will lead the next round of financing." ”

Lei Dongming persuaded.

"AI is very suitable for the application of the financial field, and it has definitely made great achievements in application scenarios such as anti-fraud, credit risk identification, non-performing asset collection, precision marketing, and reducing manual operation errors. ”

Zhang Yida raised his eyebrows and said, at the same time, he was also thinking about whether to invest alone or invest with IDG.

"It's so powerful, I look at what is written on this information, and their face recognition accuracy rate is as high as 99.5%, second only to Google. The founding team is so amazing, all of them are doctors and professors......"

Song Caiwei sat next to Zhang Yida and was looking at the introduction of Shang Dynasty Technology.

It is said to be the first Chinese team in academia to dabble in deep learning. ”

Zhang Yida sighed with emotion, and added a sentence in his heart: In the future, I will be on the list of export control entities in the United States, can it not be amazing?

When you get to Hong Kong Island, let's talk to the founding team of Shang Dynasty Technology first. It's really not possible to vote with IDG!"

After thinking about it, Zhang Yida felt that it was best not to conflict with IDG, after all, the reputation of grabbing projects and driving up prices was not good.

Venture capital is also about reputation and word of mouth, and being an enemy everywhere is not conducive to future fundraising and development.

Another IDG is the first foreign venture capital to enter China, and it has been in China for 20 years, and it is not a soft persimmon.

Anyway, Shangchao Technology will carry out eight or nine rounds of financing in the next few years, and Ruixiang will not be able to eat too much share in one round of financing, and it will have to follow up with a few rounds of investment.

Lei Dongming nodded in agreement, he was really afraid that Zhang Yida would ignore it and snatch the project like a stunned young man.

No matter how good the technology of the Shang Dynasty is, it can't break the rules of the game because of this!

There are unspoken rules in any game, and for those who break the rules of the game, no one wants to play with you anymore, and everyone will isolate and reject you.