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This week, i Capital features iFLYTEK Co., Ltd (iFlyTek, 科大讯飞), the largest intelligent voice technology provider in China and one of the pioneers of its artificial intelligence industry. The Company is an important member of the "National Team" of China's AI industry (人工智能产业国家队) as it holds the country's only "National Key Laboratory of Cognitive Intelligence" (认知智能全国重点实验室) and co-owns the "National Engineering Research Centre of Speech and Language Information Processing" (语言信息处理国家工程研究中心) with University of Science and Technology of China (USTC, 中国科学技术大学).

On 6 May 2023, iFlyTek launched the iFlyTek Spark LLM (iFlyTek Spark, 讯飞星火大模型), the only LLM in China trained with a computing power completely supplied by domestic GPUs. On 24 Oct 2023, iFlyTek announced a collaborative effort with Huawei - "Fei Xing 1.0" (飞星一号), the first computing power platform with over ten thousand domestic GPUs from Huawei's Ascend ecosystem, which can support the training of LLMs with over 100 bln parameters. In Oct 2024, iFlyTek announced iFlyTek's Spark 4.0 Turbo, a foundation model that exceeded GPT-4o in math and coding, together with "Fei Xing 2.0", a more powerful domestic computing power platform than Fei Xing 1.0 and co-built by the Company, Huawei, and Hefei Big Data Asset Operation Co., Ltd. These powerful computing platforms boost the iterations of foundation model iFlyTek Spark, which is the core of the Company's "N+1" strategy, where "1" represents the foundation model and "N" is the various verticals, such as education, healthcare, auto, office, and intelligent hardware, where the model is applied.