This newspaper (chinatimesnet.CN) reporter Liu Chuan and Chen Feng report from Beijing.
On December 1, the "daughter concept stock" Xinyada (600571SH) harvested two consecutive plates, ** price of 1214 yuan shares, ** when there are still more than 210,000 hand sealing plates.
After the stock price rose for the first time, on the evening of November 30, Xinyada issued a "Clarification Announcement on ** Report", saying: "Guo Wenjing, one of the founders of the PIKA development team, is the daughter of Mr. Guo Huaqiang, the actual controller of the company. Other than the above, the Company has no other relationship with PIKA. At present, Guo Wenjing does not hold any position in the Company, and the Company has not invested in or has any business dealings with PIKA. ”
A person familiar with the matter told the "China Times" reporter: "Guo Huaqiang is very happy about the achievements of his second daughter Guo Wenjing, and sent tens of thousands of red envelopes in the WeChat group. His family is all top students, except for the second daughter who graduated from Stanford, and the third daughter who graduated from Peking University. ”
After the clarification announcement was issued, Xinyada's share price rose again. Zhang Xuefeng, a financial commentator, told this reporter: "The stock price has been listed twice, and the financing of PIKA and the establishment of the company by the daughter of the chairman of Xinyada have had a positive impact on the image and reputation of Xinyada. ”
Bai Wenxi, chief economist of IPG, told this reporter: "The success of the chairman's daughter only has an impact on market sentiment, thereby driving the stock price." Investors should remain rational and cautious about market rumors and stock price fluctuations. ”
"Popular fried chicken" - pika
Guo Wenjing, one of the founders of PIKA, in addition to the identity of the daughter of the actual controller of the listed company Xinyada, also studied in Hangzhou No. 2 Middle School, and was the first student in Zhejiang to be admitted to Harvard in advance.
According to foreign media reports, PIKA was founded in April 2023 and currently has only four members, including founder Guo Wenjing and co-founder and CTO Chenlin Meng, who is also a former doctoral student in the AI lab at Stanford University. Before entering Stanford University, Wenjing Guo studied at Harvard University for his bachelor's and master's degrees, worked as an engineer in Meta's AI research department, and Chenlin was the co-author of several AI studies, including some on generative AI. Guo Wenjing founded PIKA in April this year, and then Chenlin Meng joined as a co-founder, and the two collaborated on the development of PIKA's text generation model.
On November 28th, PIKA officially announced the official launch of PIKA 10, and open the trial application portal. This is an AI model that can generate and edit various styles such as 3D animations, anime, and movies.
So far, PIKA has raised $55 million, and the investors are all well-known figures or institutions in Silicon Valley, including Hugging Face CEO Clement, Open AI Chief Scientist Andrej Karpathy, etc. Currently, RUNWAY, PIKA's main competitor, is valued at around $1.5 billion in June 2023, and according to Forbes, PIKA Labs is currently valued at between $200 million and $300 million. The Pika community already has 500,000 users, who make millions of ** every week.
According to the analysis of Guosheng Communication Research Report, ** is a combination of multiple frames of images, but Wensheng ** adds a time dimension on the basis of Wensheng diagram, and the technical implementation is more difficult. Even Silicon Valley AI giants like Meta and Google have been slow to make progress on Wensheng**. At present, there are few public beta applications, only a few such as Runwaygen-2, Zeroscope, and Pika Labs, but they have the following common problems: the continuous effect of complex character action generation frames is poor;The ** architecture capability and continuous ability of non-daily scenarios are average;Multi-agent generation lacks logical continuity, etc.
Pika's rapid growth may reflect the continued strong demand for a wide range of generative AI tools. Michael Mignano of Lightspeed Ventures said, "Just like other new AI products do with text and images, generative AI will democratize professional-quality creation." We are confident that PIKA will lead this transformation. ”
In a recent report** from research firm IDC, investment in generative AI will grow from $16 billion this year to $143 billion by 2027. While generative AI will account for only 9% of overall AI spending in 2023, IDC expects that share to increase to 28% within five years.
"Pika's success is related to its founders, team, market opportunities and business strategy. If PIKA can leverage these factors to build a sustainable business model that is competitive in the market, then the chances of its commercial success exist. ”
The hype space is further opened?
A person familiar with the matter told this reporter: "Guo Huaqiang's family are all top students, except for the second daughter who graduated from Stanford and the third daughter who graduated from Peking University. ”
According to the financial report, Xinyada is a financial technology company, whose main business is to provide software products and services for banks and other financial institutions. In terms of software products, the company focuses on financial digitalization, focusing on the launch of super digital solutions such as digital operation, digital marketing, digital risk control, digital management, digital industrial finance, intelligent terminals and information securityIn terms of software services, the company has two business teams: customer business process outsourcing and customer data processing and business processing.
As of the third quarter report of 2023, Hangzhou Xinyada Electronics, controlled by Guo Huaqiang, holds 1673% of the shares, is the controlling shareholder of Xinyada;Guo Huaqiang also directly holds Xinyada 298% of the shares, the actual controller of the company.
According to the third quarter report of 2023, Xinyada achieved operating income of 139.9 billion yuan, a year-on-year increase of 1841%；The net profit attributable to the parent company was 05.3 billion yuan, a year-on-year increase of 15457%；The net profit of non-attributable to the parent company was 01.1 billion yuan, an increase of 151 year-on-year20%。
According to Xinyada's 2022 annual report, the company is committed to building an AI foundation. According to the annual report, by focusing on the deep integration of new technologies and financial business, the company has helped banks and other financial customers accelerate their digital transformation and help China's financial industry quickly realize digital intelligence with multi-level full-stack product and service capabilities of "digital base + technology base + AI base + application platform + co-creation and development + subscription service + joint operation".
Among them, the AI base is composed of two modules: capability output and capability construction, and has achieved R&D breakthroughs in OCR (optical character recognition), NPL, data modeling and knowledge graph around the company's main product lines.
Editor-in-charge: Shuai Kecong Editor-in-chief: Xia Shencha.