Huawei invests in multimodal large model company, domestic large model independent research and development pace expected to accelerate

Huawei's investment in a multimodal large model company is expected to accelerate the development of domestic large models. Recently, Beijing Shengshu Technology Co., Ltd. underwent a business change, with new shareholders including Huawei's Shenzhen Habo Technology Investment Partnership Enterprise and Beijing Baidu Netcom Technology Co., Ltd. Shengshu Technology is a provider of generative AI infrastructure and applications, dedicated to building controllable multimodal universal large models. OpenAI announced the cessation of API services to mainland China and Hong Kong, benefiting domestic large model manufacturers. Huajin Securities analysis suggests that the OpenAI ban is expected to prompt more companies to choose domestic large models, accelerating the independent development of large models in China