---
title: "Huawei invests in multimodal large model company, domestic large model independent research and development pace expected to accelerate"
description: "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,"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/207457268.md"
published_at: "2024-06-28T00:57:14.000Z"
---

# 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

According to media reports, Tianyancha data shows that recently, Beijing Shengshu Technology Co., Ltd. has undergone industrial and commercial changes, with shareholders including Huawei's Shenzhen Habo Technology Investment Partnership Enterprise (Limited Partnership), Beijing Baidu Netcom Technology Co., Ltd., Beijing Zhongguancun Science City Technology Growth Investment Partnership Enterprise (Limited Partnership), and Shenzhen Zhuoyuan Xingtu Entrepreneurship Investment Partnership Enterprise (Limited Partnership) being added. At the same time, the company's registered capital has increased from 1.527 million yuan to about 1.775 million yuan. It is reported that Shengshu Technology was established on March 6, 2023, and is a leading global provider of generative AI infrastructure and applications. The company was jointly incubated and established by RealAI, an AI company in the Tsinghua system, Ant Group, and Baidu's BV Baidu Venture, dedicated to building controllable multimodal universal large models.

Open Source Securities stated that the multimodal capabilities of large models for video generation and understanding the physical world are still continuously improving both domestically and internationally. The successive launches of AI by the two major intelligent terminal manufacturers, Apple AI and Huawei HarmonyOS native AI, are expected to accelerate the trend of smartphone replacement, drive the shipment volume of AI smartphones and the corresponding installed base of AI applications, further open up the commercial space for AI applications in areas such as agents, film and television, music, education, and marketing, and recommend continuing to layout AI applications.

In the early morning of June 25th, OpenAI announced that it would stop providing API services to unsupported countries and regions, with mainland China and Hong Kong not included in the supported range. Once the news was released, domestic large model manufacturers such as Zhipu AI, Baidu Intelligent Cloud, Alibaba Cloud, and MiniMax successively responded to help customers switch to domestic large models. The ban by OpenAI may gradually bring domestic large models to the forefront, empowering domestic entrepreneurs and content producers better with localized A.

Huajin Securities analysis believes that the OpenAI ban is expected to prompt more companies to choose domestic large models, accelerate the pace of independent research and development of domestic large models, and promote the vigorous development of domestic AI technology. It is recommended to pay attention to Tencent Holdings, NetEase-S, Meitu Inc., Talking Tom, Kunlun Wanwei, Kaiying Network, Giant Network, Century Huatong, Blue Label Southern Media, Tianyu Digital, Gravity Media, Jiecheng Shares, Visual China, Huace Film & TV, Yinsai Group Tianxia Show, Shanghai Film, Shunwang Technology, China Broadcasting Tianze, Wanxing Technology, and others

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
