Chinese AI Firm 4Paradigm Reports Loss of $24 Million in H1 2024
Chinese AI Firm 4Paradigm Reports Loss of $24 Million in H1 2024
TMTPOST--Hong Kong-listed AI firm 4Paradigm recorded an adjusted net loss of 169 million yuan ($24 million), narrowing from a net loss margin of 12% last year to 9% this year, according to its unaudited consolidated financial results for the first half of fiscal year 2024 released on Thursday.
TMTPost——根據週四公佈的2024財年上半年未經審計的合併財務業績,香港上市的人工智能公司4Paradigm的調整後淨虧損爲1.69億元人民幣(合2400萬美元),從去年的12%的淨虧損縮小至今年的9%。
The company generated revenues of 1.867 billion yuan (US$ 260 million) in the first half of 2024, marking a 27.1% year-on-year increase. The company recorded a gross profit of 790 million yuan, a 12.1% rise compared to the same period last year.
該公司在2024年上半年創造了18.67元人民幣(合26000萬美元)的收入,同比增長27.1%。該公司的毛利潤爲79000萬元人民幣,與去年同期相比增長了12.1%。
The company's core business, the Sage AI Platform, contributed 1.251 billion yuan in revenue, a robust 65.4% increase year-on-year, accounting for 67% of the group's total revenue.
該公司的核心業務Sage人工智能平台貢獻了12.51元人民幣的收入,同比強勁增長65.4%,佔集團總收入的67%。
During the reporting period, the company's industry-specific large models achieved scaled applications across 14 sectors, driving the productization of AI technologies and creating a matrix-style AI product ecosystem.
在報告期內,該公司的特定行業大型模型在14個領域實現了大規模應用,推動了人工智能技術的產品化,並創建了矩陣式的人工智能產品生態系統。
In the first half of the year, 4Paradigm launched over 30 AI products, covering more than 20 industries with diverse application scenarios.
上半年,4Paradigm推出了30多款人工智能產品,涵蓋了20多個具有不同應用場景的行業。
Dai Wenyuan, the chairman, founder, and CEO of 4Paradigm, highlighted the company's strategy of "AI technology productization" by leveraging the capabilities of the Sage AI platform. The "Sage Inside" model facilitated the delivery of high-quality AI products, expanding the boundaries of AI applications and building an industry ecosystem.
4Paradigm董事長、創始人兼首席執行官戴文遠強調了該公司利用Sage人工智能平台的能力實現 「人工智能技術產品化」 的戰略。「Sage Inside」 模式促進了高質量人工智能產品的交付,擴大了人工智能應用的邊界,並建立了行業生態系統。
Dai emphasized that the company's focus on enhancing core competitiveness and scaling industry-specific large models is a crucial driver for the ongoing penetration of AI across various sectors.
戴強調,該公司專注於增強核心競爭力和擴展特定行業的大型模型,這是人工智能在各個領域持續滲透的關鍵驅動力。
Additionally, 4Paradigm has significantly increased its financial investments. In the first half of this year alone, the company held financial assets of 1.022 billion yuan, including non-listed shares and listed investments.
此外,4Paradigm大幅增加了其金融投資。僅在今年上半年,該公司就持有10.22元人民幣的金融資產,包括非上市股票和上市投資。
The company's heavy reliance on financial investments introduces a degree of risk and raises questions about whether future profitability will be driven by AI technologies or financial returns. Despite these concerns, 4Paradigm remains poised for growth, with potential to achieve profitability in the coming years.
該公司對金融投資的嚴重依賴會帶來一定程度的風險,並引發了人們對未來盈利能力是由人工智能技術還是財務回報推動的質疑。儘管存在這些擔憂,但4Paradigm仍爲增長做好了準備,並有可能在未來幾年實現盈利。