Zheng Li has always been interested in Blue Star's semiconductor technology.
Magical civilization develops information and communication equipment on a completely different technical route than Blue Star.
The mages discovered that the DNA chain of carbon-based life is the perfect information carrier, and based on this, they developed the biological computer defined by Blue Star.
After Zheng Li came to Blue Star, he found that the two technical routes had their own advantages and disadvantages.
The biological computer route makes it easier to develop artificial intelligence, and its computing functions are more powerful than silicon-based chips.
But Blue Star's computers were easier to mass-produce, allowing even the simplest models to serve as productivity tools.
Unlike the mage civilization, the mage tower has a central biological computer, which only provides entertainment functions through transmission methods for the citizens within the jurisdiction of the mage tower.
It is somewhat similar to the concept of cloud computers. The mages allocate part of the computing power of the biological cloud for the entertainment of civilians, who only have information and communication equipment in their hands.
"Cheng Gang, try to talk to SecondMind in England and let's try to acquire them."
After Kechuang Biotech completed its listing to raise funds, Zheng Li gave instructions during a remote meeting with Cheng Gang.
Cheng Gang was a little confused: "Secondmind? Sorry, Director Zheng, I have never heard of this company."
Zheng Li thought for a while: "You need to understand first, and then implement it. Why do you want to find SecondMind? It's because I am personally optimistic about their technical route. I think their technical route in the field of autonomous driving is right."
"Secondmind is an AI chip company, mainly engaged in the field of autonomous driving."
“My vision for the future of brain-computer connection is that our main expansion of brain-computer connection in the past two years will be in the fields of mobile phones and auxiliary medical care.”
"Conventional MSC chips are enough for these two pieces."
"After we have laid a solid foundation, we will consider deeper technical applications, such as autonomous driving."
"In the future, brain-computer connected driving will serve as insurance, and autonomous driving will be the main driving method. We must combine brain-computer connection with autonomous driving."
“secondmind is a good company.”
After finishing the remote video conference with Zheng Li, Cheng Gang asked his secretary to summarize and report the company's information to him.
"Secondmind? An AI chip company in England, Goose Factory also participated in the Series B financing the year before last?"
"Goose Factory's reach is too broad, and Goose Factory, a little-known company like Secondmind, has also invested in it."
There are many AI chip companies in England, the two most famous ones being OneTrust and Graphcore.
Among them, OneTrust has just received Series C financing led by SoftBank this year, with a financing scale of 510 million yuan.
OneTrust's customer base exceeds 8,000 institutions.
Another AI chip company called Graphcore has been cooperating with Ali and Qiandu and is a long-term partner of domestic public cloud manufacturers.
As for SecondMind, it has no bright spots compared to the above two companies. It is far different. Cheng Gang doesn't quite understand Zheng Li's considerations.
OneTrust may be more expensive, but SecondMind isn't much cheaper either.
Secondmind’s Series B financing in 2019 had a post-financing valuation of RMB 100 million.
Today it is much cheaper than OneTrust, but it is estimated to cost 300-400 million yuan.
Cheng Gang felt that it was better to buy a leading company. Buying SecondMind was expensive and had no special highlights.
Cheng Gang directly called the head of the strategic investment department of Goose Factory.
The other party took the lead: "Why did Mr. Cheng have time to call me? Your science and technology company has been very successful recently, and its market value will soon exceed one trillion."
Currently, there are only eight companies with a market capitalization of over RMB 1 trillion in the A-share market.
"As the strategic investment department of Goose Factory, what we regret most is not investing in Science and Technology Biotech. Back then, Shunwei Capital invested 50 million for a 10% stake."
When people are proud, they should be humble: "Compared to Goose Factory, Kechuang Biotech is just a baby in swaddling clothes. It still has a long way to go."
"We, Director Zheng, have no choice but to find Shunwei Capital. Who knows that Director Zheng was not a student of Pengcheng University back then? If Director Zheng was a student of Pengcheng University, he would definitely have found Brother Ma."
The story of Shunwei Capital’s investment in Kechuang Biotech has become a legend in the investment circle after Kechuang Biotech went public. Investors are saying that they should check out more alumni projects, as they might be the next Kechuang Biotech.
And it is very easy for university professors and PhDs to attract investment in entrepreneurial projects with sufficient technological content and patents.
In the past, it might also depend on the universality of your patent and its advantages compared with the products currently on the market.
The head of the strategic investment department of Goose Factory complained: "We have recently seen many projects by PhD founders, and none of them can make my eyes light up like Endorphins."
"I heard that it was Zheng Li who approached Mr. Lei directly to talk to him. Mr. Lei is indeed courageous. He would not even blink an eyelid for 50 million yuan."
Cheng Gang didn't want to chat endlessly, so he interrupted: "If Kechuang Biotech wants to grow in the future, it will definitely need a dedicated investment department, and it must learn from Goose Factory's rich experience in the field of strategic investment."
“If the Goose Factory has good projects in the future and your family can’t afford it, you can come to us at any time.”
Zheng Li is not very enthusiastic about setting up a dedicated investment department.
There are too few people who have mastered magic coin now, and there are only two people with magic brain, so his plan has not been able to be carried out.
Therefore, he devoted part of his attention to scientific and technological innovation. Enterprises with a market value of trillions can leverage a lot of social resources.
Zheng ideally wanted to try it out to see if his envisioned route for AI silicon-based chips was correct.
Cheng Gang continued: "We want to know about the company Secondmind. I understand that you also participated in Secondmind's Series B investment."
"So I would like to ask more specific information about this company."
The person in charge of the investment department of Goose Factory didn't think it was a problem. Kechuang Biotech's strength is in research and development, and they are completely newbies in the investment field.
Not to mention Kechuang Biotechnology, even Cheng Gang and Shunwei Capital, where he worked before, are not in the eyes of Goose Factory.
The funds held by Goose Factory are much stronger than Lei Jun's Shunwei Capital.
"Secondmind? I seem to have some impression, but we usually look at too many projects. This company must not have been listed yet. We invested in the previous rounds."
"Let me check the computer." After saying that, he started searching in the investment project management system on the computer.
"This company is an AI chip company in England. It is a company specializing in autonomous driving. It has already burned 200 million yuan."
“We just signed an agreement with Mazda not long ago to license the active learning platform to Mazda.”
The function of the active learning platform authorized by secondmind to Mazda is not autonomous driving, but the optimization of the Mazda engine's ECU through deep learning algorithms.
Secondmind Active Learning for powertrain can help automakers reduce engine calibration time by 50% and reduce data collection and processing costs.
"What should I say? If you plan to invest, you can try to invest a little bit. I personally think this company still has potential."
"But in the long run, there are too many competitors, and it will be difficult to obtain enough data just through cooperation."
