Memect AI has recently revealed the successful closure of a funding round amounting to hundreds of millions of yuan, attracting investments from notable entities such as Jingguorui and Guoke Investment, among others. The newly acquired capital will be channeled towards bolstering research and development efforts aimed at crafting high-performance large models tailored for edge devices. As a pioneer among China's large model enterprises in the realm of edge intelligence, Memect AI has developed a robust and all-encompassing system alongside a diverse product lineup. Its MiniCPM model, specifically designed for edge devices, has witnessed widespread adoption across numerous sectors and has forged partnerships with several esteemed companies. In April of this year, Memect AI and Changan Mazda jointly unveiled the first mass-produced vehicle equipped with an edge model. Furthermore, in September, the Geely Galaxy M9, featuring the MiniCPM multimodal model, ushered in a new era of human-vehicle interaction with its groundbreaking advancements.