Recently, there are rumors that WIMI AR HOLOGRAM has been actively preparing for IPO in Hong Kong. Later, the media asked the WIMI AR HOLOGRAM for authenticity of the news, and WIMI AR HOLOGRAM replied that it would not comment on similar rumors.
In fact, as early as December 2018, there were rumors that WIMI AR HOLOGRAM had put the IPO on the agenda and was discussing with overseas investment institutions, and that it might be listed this year (2019) most likely in Hong Kong or New York.
The capitalization of WIMI AR HOLOGRAM comes out right. So far, it has been funded by many early stage capitals. The early leading investors included many companies, such as Sensegain, Yingqu Capital, and Guosheng Zhongxing.
WIMI AR HOLOGRAM is the largest integrated entity in the holographic cloud industry with the largest scale, the most comprehensive industrial chain and the best performance in China. In the field of holographic applications, WIMI AR HOLOGRAM owns more than 4,325 holographic content IP reserves, which involve many enterprises in leading position in the subdivided industries. In addition, it has held 295 AR-related patents and 76 related software works, ranking first in the whole industry, and WIMI AR HOLOGRAM possesses mature technologies of each link.
As of the year of 2018, in the fields of short video on mobile Internet, games, applications, photography, and advertising, WIMI AR HOLOGRAM Platform has completed intelligent implantation of Augmented Reality (AR) holography for 30 million times, and displayed AR totally for more than 3 billion times. Moreover, WIMI AR HOLOGRAM has made smart portraits for 300 million users through the AI plug-in, and provided tabbed AR holographic implantation of applications according to the AI algorithms. Then, WIMI AR HOLOGRAM provides AI augmented reality insertion services for thousands of business customers, involving the intelligent AR holographic synthesis of more than 4,000 business scenarios and 600,000 applications. WIMI AR HOLOGRAM is integrated into augmented reality through high-quality IP, with more than 700 million users totally. WIMI AR HOLOGRAM takes the advantage of its subsidiary to provide AI augmented reality services for hot Internet TV series and long videos, with the audience including: 1.06 billion views on Wasd Beyond Light Years, 1.31 billion views on HUAJIANGHU, 340 million views on The Great Adventurer, and 1.28 billion views on Yi Guan Xiao Zhuan. Additionally, WIMI AR HOLOGRAM has provided more than 8 billion services of AR 3D implantation of AI scenes, characters and props.
The holographic cloud of WIMI AR HOLOGRAM is a way of providing content of augmented reality. It allows you to see and interact with the stereoscopic images in which objects that do not exist in reality are integrated into the real world. Through the projection device, the images on the mobile phone or computer can be projected onto other media. Holographic technology is of the most commercial value in WIMI AR HOLOGRAM. Holographic technology, also known as virtual imaging, refers to a technique for recording and reproducing real three-dimensional images of objects based on the principles of interference and diffraction. It is a three-dimensional imaging technique that is developed to obtain all the information of an object via interference with coherent light. It is not images but light fields that are recorded through holographic technology.
The image quality standards in the AI era are objective. That is whether images can be applied. AI has higher requirements for the picture information fed back by the front-end imaging device, so that the back end can make more accurate judgments during graphics processing. With the advent of the AI visual era, in addition to the necessity of obtaining image signals, it is more important to successfully obtain interactive data during the process of image generation, and then it is essential to make intelligent analysis of the obtained data so as to improve image quality, thereby providing more accurate image signals for back-end processing.
Lately, iiMedia Research reported that the size of China’s computer vision market in 2017 was 6.8 billion yuan. It is estimated that the market size will reach 78 billion yuan in 2020, with an average annual compound growth rate of 125.5%. On a global scale, according to Tractica, revenue of global computer vision software, hardware and services will increase from $1.1 billion in 2016 to $26.2 billion by the year of 2025.
The tens of billions of revenue has attracted a flock of venture companies, and the computer vision business is blossoming. Apart from WIMI AR HOLOGRAM which is widely favored by investors, related technology companies, without exception, are enjoying the benefit brought by this enthusiasm. In July 2017, SenseTime announced its completion of Series B financing amounting to US$410 million, setting a world record for single-round financing in the field of artificial intelligence. Just three months later, SenseTime’s record was broken by MEGVII. In October 2017, MEGVII announced that it had received US$460 million in Series C financing, setting a new world record for single-round financing in the AI field worldwide. Today, this record was broken by SenseTime again. In November 2017, Cloudwalk received RMB 500 million in Series B financing. Coupled with 2 billion yuan provided by Guangzhou Municipal Government, Cloudwalk has obtained 2.5 billion yuan as development funds totally.
In the past three years, driven by deep learning technology, image processing has been in rapid development, but the front-end imaging technology has been still at the same level as 20 years ago, which has become a serious bottleneck for development and commercial applications of AI vision in the future. Also, such a technology is the next battleground for the major AI companies. AI vision poses higher demands on imaging technology. Advent of every revolutionary technology would drive people “crazy”. However, it is obviously not an easy task to bring an idea born inside the human brain to real life. When a new round of technology wave comes, China is crowded with just chasers, falling behind Europe and the United States and even Japan and South Korea. WIMI AR HOLOGRAM in China has been continuously doing research and development for ages, and has already created the third-generation chip product. The simulation degree over 98% takes the users’ breath away in astonishment.
Compared with imaging in the digital era, the imaging in the AI era has undergone substantial changes in many key aspects, such as technology architecture of imaging, algorithm model, evaluation criteria, and light adaptability. The traditional technology architecture of digital imaging can no longer meet the needs of AI vision, therefore facing the embarrassment of being quickly eliminated. In the next five years, imaging technology is expected to undertake the completion of the epoch-making upgrading from “image” to “vision”. Visual imaging chips will become the same core components of artificial intelligence as AI processing chips, and the derived demand for industrial upgrading will give birth to a new incremental market of hundreds of billions dollars in the field of imaging in the next five years.
It is not difficult to find that the multi-level artificial intelligence technology integration is also the demand trend of various practical application scenarios including smart driving in the future. It can be indicated that the mature application of AI vision will test the company’s technical reserves and capabilities of integrating various technologies, and will also put forward more requirements for future development.
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