Mianbi Intelligent has secured hundreds of millions in financing, led by CHINA TELECOM, with CITIC Jinshi and CITIC Private Equity participating in the investment

The large model company Mianbi Intelligent officially announced its first round of financing of hundreds of millions of yuan in 2026, led by CHINA TELECOM, with CITIC Jinshi and CITIC Private Equity participating in the investment. So far, the MiniCPM series models under Mianbi Intelligent have surpassed 24 million downloads on platforms such as GitHub and Hugging Face, and have achieved large-scale implementation in fields such as automobiles, smartphones, AIPC, and smart home. (The Paper)