ModelBest Begins Pre-IPO Tutoring as On-Device AI Competition Heats Up
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Beijing Mianbi Intelligent Technology Co. Ltd., a Chinese artificial intelligence startup focused on on-device AI models, has begun pre-IPO tutoring with Beijing’s securities regulator as it prepares for a domestic listing.
The move could make the company, better known by its brand name ModelBest, the first large language model developer to pursue a listing under the Shanghai STAR Market’s special regime for unprofitable technology companies. It also underscores regulators’ broader effort to back domestic AI developers that can show commercial scale.
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