Even from its establishment to its eventual

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large model investment and financing market, and many leading institutions are not willing to spend huge sums of money to pursue the trend. However, in this process, many funds were invested without really considering the feasibility of the project, but just trying to make money by taking advantage of the trend. A typical case is Wang Huiwen and his company Light Years Away, an entrepreneur with no AI background and no clear business goals, but he was able to complete several rounds of financing in less than months after starting his business, and the


estimated value was Worth reaching US$ billion.  takeover by Meituan, the company Malaysia Phone Number Data did not develop any substantive business. Entering the game with a high profile and leaving in a hurry, leaving only a piece of chicken feathers in the end. The key to why such a company can obtain huge investments is naturally Wang Huiwen, because his resume as a co-founder of Meituan can raise more money. As for the project, it is actually not important. This point has actually been repeated in many





subsequent projects. For example, an entrepreneur mentioned in an exchange with "Self Quadrant" that some institutions do not actually support startups investing too much in areas such as computing power and core technology. They also support the use of relevant large-scale foreign open source models to quickly launch products and acquire users, so as to facilitate the next round of financing as soon as possible. However, a very interesting question is that it took OpenAI years from its inception to the launch of ChatGPT. This was achieved with the world's top