AI Big Models, Inc.

Mianbi Intelligence announced yesterday that it had completed a new round of financing of several hundred million yuan, led by Primavera Ventures and Huawei Hubble, followed by Beijing Artificial Intelligence Industry Investment Fund and others, and Zhihu continued to follow up as a strategic shareholder. Hubble Technology Venture Capital Co., Ltd. is wholly owned by Huawei Investment Holding Co., Ltd. and was established on April 23, 2019. The legal representative, chairman and general manager is Bai Yi, president of Huawei Global Financial Risk Control Center. Previously, Huawei Hubble invested more in semiconductor companies. This is the first time Huawei Hubble has invested in a domestic AI large model company. Mianbi's core R&D team was born out of Tsinghua Natural Language…