Kunlun Wanwei: Revenue of 4.9 billion in 2023, net profit of 1.3 billion, will increase investment in AI R&D

On the evening of April 23,Kunlun WanweiThe company disclosed its 2023 annual performance report. In 2023, the company achieved operating income of 4.92 billion yuan, of which overseas business income accounted for 86.0%, an increase of 8.4 percentage points year-on-year; net profit was 1.26 billion yuan, a year-on-year increase of 9.15%, continuing to maintain the industry's leading profit scale.

The company firmly implements the strategy of "all in AGI and AIGC" and increases R&D investment. In 2023, the company's R&D expenses will increase by 40.2% to 970 million yuan. Large Model, AI search, AI music, AI video, AI social, AI games and other fields to build a diversified AI business matrix, ranking first among domestic artificial intelligence companiesFirstThe company has established a full industry chain layout of "computing infrastructure - large model algorithms - AI applications" and gained a leading advantage.

Kunlun Wanwei: Revenue of 4.9 billion in 2023, net profit of 1.3 billion, will increase investment in AI R&D

In terms of large models, the company has launched several versions of "Heavenly Craftsmanship" The large models, including "Tiangong 1.0", "Tiangong 2.0" and "Tiangong 3.0", adopt different architectures and parameter scales, perform well, and their reasoning capabilities reach the world's leading level. The company continues to strengthen its talent team building and has attracted many well-known experts in the field of artificial intelligence to join, ensuring long-term technological advantages.

In terms of AI applications, the company has launched a number of AI products and services, such as the "Tiangong" large model service, Tiangong AI search, Tiangong AI smart assistant, and AI music model "Tiangong SkyMusic". In addition, the company's self-developed AI game "Club Koala" has begun testing, and other innovative AI games are also being developed. The company has also cooperated with Alibaba Cloud, Huawei Cloud, etc. to lay out the AI industry chain. In terms of overseas information distribution and metaverse platform Opera, the company has achieved impressive results and continued growth.

Overall, Kunlun Wanwei is committed to realizing general artificial intelligence and enabling users to generate high-quality AI content. It will continue to adhere to the "All in AGI and AIGC" strategy, strive to become a leading artificial intelligence technology company, promote the application of artificial intelligence technology in various fields, and make positive contributions to the high-quality development of my country's digital economy.

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