WiMi Hologram Cloud Inc (WIMI)

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The agency predicts that the AIGC market space will exceed one trillion yuan, and the commercial application of WIMI Hologram will open a new era.

Source
https://t.cj.sina.com.cn/articles/view/1765776051/693f9ab3020010t1e?from=tech

February 27, 2023

At present, the popularity of ChatGPT has not dissipated. Microsoft (MSFT.US) has launched Bing that integrates ChatGPT for testing. Google (GOOG.US) and Baidu (BIDU.US) are not slow in their actions. Big Internet companies are recruiting, and AI appears to be close to ordinary people.

The entry of capital, the blessing of big companies, and the attention of bigwigs are all pushing ChatGPT to the top of the trend. For the technology industry that has been silent for a long time, such a carnival is really needed. For the new product of ChatGPT, bigwigs in the technology circle all praised it, especially Bill Gates, the former richest man in the world. He has repeatedly expressed his appreciation for ChatGPT in public.

And because of the rise of ChatGPT, a large number of high-paying jobs related to AIGC technology are visible to the naked eye. On a certain recruitment website, major Internet, e-commerce, and smart hardware manufacturers have clearly mentioned in their recruitment requirements that they need ChatGPT-related technical talents, while major manufacturers are posing to snatch AIGC talents.

AIGC - the next outlet in the field of artificial intelligence
Why does the popularity of ChatGPT lead to the concept of AIGC? AIGC generates content through artificial intelligence technology, including text, code, images, audio and video, etc., while ChatGPT is a landmark model in the field of AIGC, used to generate text and code.

And because ChatGPT has shown excellent capabilities in text and code generation, especially the qualitative leap in knowledge storage and reasoning, it has greatly improved the usability of AIGC in text and code generation, and greatly promoted the development of AIGC. Further development.

CITIC Securities pointed out in a recently released research report that the emergence of ChatGPT and the implementation of corresponding industrialization and commercialization will provide key support for the transformation from user creation (UGC) to AI creation (AIGC).
Sentiment analysis, question answering system, code development, intelligent customer service and other fields are expected to accelerate the commercialization process. He also emphasized that ChatGPT is expected to be the first to land in the AIGC field, accelerate the commercialization process of companies in the AI ??field, and open up new market space.

The market space is expected to exceed one trillion
Not only that, Orient Securities stated in the research report released that AIGC is artificial intelligence content generation, and ChatGPT is a typical text generation AIGC. Its current success is also expected to drive AIGC to other fields such as images, music, and video. With ChatGPT launching a paid subscription pilot, the commercialization process of AIGC has officially kicked off.

The popularity of ChatGPT this time has led to the establishment of a business monetization model, and the concept of AIGC has risen again. With the frequent involvement of major Internet giants in the field of AIGC, this year is expected to become a big year for commercialization. The field of AIGC has been favored by capital. According to CBInsights statistics, there are currently about 250 start-ups in the ChatGPT concept field, 51% of which are in the A round or angel round of financing.

It is the mainstream to be optimistic about the future development prospects of AIGC, and quite a few brokerages agree that "the market size of AIGC is expected to exceed one trillion yuan around 2030." As Western Securities believes, 2023 is expected to be a big year for the development of AIGC. Due to the recent heavy investment in AIGC by major global manufacturers and the exploration of breakthroughs at the application level, AIGC has reached a critical point. According to calculations, it is estimated that the domestic AIGC market space will reach 40.352 billion yuan by 2025, and 217.558 billion yuan by 2030. The market is expected to usher in explosive growth in the next few years.

As far as the current market is concerned,
- the upstream of the AIGC industry chain mainly includes data suppliers, algorithm institutions, creator ecology, and underlying cooperation tools;
- the midstream mainly includes text, image, audio, and video processing manufacturers;
- the downstream includes various content creation and distribution platforms and content services.
It can be confirmed that AIGC is a very cutting-edge technology, and its application scenarios are also very rich. For enterprises, the future development space will be relatively large.


WIMI Opens up a Broad Market Space for AI
According to major media reports, as a leading technology company that pays close attention to the prospects of AIGC, WIMI (WIMI.US) will gradually promote the industrial transformation around AI and create a more complete AIGC ecosystem. It is reported that the company's business covers a relatively complete industrial chain of AIGC. With the development of the AIGC market, WIMI can gradually release its leading AI technology advantages. Come to a larger development space, and apply the original innovative technology to more industries and scenarios.

In recent years, WIMI has accelerated the construction of a core technology matrix, including key artificial intelligence technologies such as computer AI vision, perceptual intelligence, intelligent content generation, and intelligent content enhancement, as well as core technologies related to supporting hardware such as holographic AR, AI chips, and AI algorithms. This is its main competitive advantage. WIMI actively promotes the development of AIGC, and continuously uses artificial intelligence technology to quickly cut into relevant business fields, which can cover the cooperation ecology of various industries such as car companies, education, fashion, advertising, and entertainment.

It is worth noting that AIGC includes
- text generation,
-audio generation,
- video generation,
- cross-modal generation,
- image generation,
- policy generation,
- GameAI and
- virtual human generation.
Different modalities correspond to different technologies and application scenarios. With the help of AIGC technology, WIMI Holographic AIGC has broadened its own radiation boundaries through the generation of AI images and videos, the creation of virtual idols, and the development of digital avatars in terms of virtual human scene production and virtual human production. It is expected that there will be more in the future. More and wider application space.

epilogue
ChatGPT is hot out of the circle, and investment opportunities in the AIGC industry are coming soon. Currently, it is in the content production industry where AIGC is most likely to achieve large-scale commercialization. Enterprises should actively deploy AIGC and embrace the development of artificial intelligence. Reviewing the three waves of artificial intelligence in history, AIGC is expected to lead the fourth wave. All in all, AIGC is rapidly becoming a new "star" in the technology circle.