This is not information that will receive widespread attention.

Recently, Eagle Eye Smart Traditional Chinese Medicine, an AI medical company owned by Jiangshan Holdings, a Hong Kong-listed company, suddenly shut down.

According to multiple employees of Eagle Eye Smart Traditional Chinese Medicine, at 23:31 in the middle of the night on December 9, Lu Jiyou, general manager of the company’s strategic management department and director of the president’s office, suddenly posted in the company’s WeChat all-employee group Notice of Dissolution.

The notice stated that due to the huge problems encountered in the company's operations and the unsustainable funds, the shareholders decided to dissolve the company and "dismissal of all employees" starting from December 9, 2024.

Since this year, there are many AI companies like Eagle Eye Intelligent Traditional Chinese Medicine that have quietly ceased operations.

According to data, since the release of ChatGPT on November 30, 2022, there have been nearly 80,000 AI-related companies newly registered in China that are now in an abnormal state of cancellation, revocation or suspension of business, accounting for 10% of the total number of new companies. Nearly 9%.

For the vast majority of them, their growth has not been seen, and there is no trace of their demise. Only a few were splashed to the surface of the water in the turbulent AI tide, and then disappeared into the water like water droplets.

For example, in April 2024, the Beijing No. 1 Intermediate People's Court ruled to accept the bankruptcy liquidation application against Huaxia Chip. As a domestic provider of heterogeneous processor IP and chip solutions, Huaxia Chip has completely independent intellectual property rights for CPU, DSP, GPU and AI processor IP. Its products and services cover multiple application fields.

For example, Zhujian Intelligent, which was founded in 2015, had to suspend production for 6 months starting from February this year due to reduced business demand in order to cope with severe cash flow pressure.

For example, the Waveform Intelligent AI large model company established in 2023 just completed a tens of millions of yuan Pre-A round of financing in January 2024.

However, according to the latest reports, the company has been acquired by mobile phone manufacturer OPPO, and many core team members, including the CEO and CTO, have collectively joined OPPO.

The bigger "wave" is also receding.

Shangtang Technology, one of the "four old AI tigers", is also a unicorn company in the AI ​​industry. It has been suffering from huge losses and layoffs. From time to time, there are rumors that the company will not last long.

The "New AI Six Little Dragons" are also uneasy.

The latest news is that Hong Tao, co-founder and head of commercialization of Baichuan Intelligence, recently resigned, which also brought out some negative information about the company.

Wang Xiaochuan once pointed out that in the future, only five companies in the first echelon of the domestic large model market may survive, with large manufacturers taking the dominant position and very few small startups surviving. One word becomes a prophecy.

Not only in China, under the dazzling halo of star companies such as OpenAI, Anthropic, and Perplexity AI, AI entrepreneurship is growing globally.The company is not doing well either.

For example, recently, the US AI unicorn Afiniti applied for bankruptcy protection in the court, becoming the latest "old AI startup" to go bankrupt.

Afiniti was founded in 2006 and is an 18-year-old AI startup company that has completed six rounds of financing in its history.

Embodied AI, the company behind the American AI companion robot Moxie, also declared bankruptcy due to a break in the capital chain, and the product and service were simultaneously shut down.

Stability AI, whose product Stable Diffusion is widely popular, faced financial difficulties and almost collapsed in early 2024.

These problems included poor capital management, business model flaws and leadership changes, which at one point left the company with $100 million in debt and $30 million in future obligations.

Another example is Character.AI. Company CEO Noam Shazeer, President Daniel De Freitas and many members of the research team have left the company and returned to Google, while the remaining teams stayed to continue building products.

(Related reading: None of these star AI companies can survive)

Now it seems that AI is becoming a game for big players around the world.

The United States is basically Microsoft (Microsoft is also behind OpenAI), Google, Facebook, plus Musk’s X.AI and several other forces.

In China, some time ago, the industry was seriously discussing the dual-structure industrial ecology of "Alibaba + ByteDance".

In any case, behind the hustle and bustle of ChatGPT, a prosperous ecology of "AI large models as the basis + the emergence of AI applications" has not yet been formed. Behind this are the difficulties and paradoxes of scene application of AI technology.

Every subject has full confidence in AI, and AI is indeed changing more and more industries. However, how to support the process of getting out of the closed loop of business models faster under the high cost of computing power is a global issue. It has become a big problem for capital and entrepreneurs in the postgraduate entrance examination in the AI ​​industry.

From another perspective, this may also be a race between the viability of the enterprise and the speed of improvement in AI computing power efficiency. The good news is that the space offered by the latter is getting bigger and bigger.

In 2023, OpenAI Ultraman pointed out that the global AI computing volume will double every 18 months. Nvidia's Jen-Hsun Huang announced in 2024 that Moore's Law has expired and GPU performance will more than double every two years.

In early December, just after the second anniversary of ChatGPT, OpenAI held 12 consecutive days of press conferences with constant climaxes, and it has just reached the mid-point. Yesterday, Google suddenly came on stage and released four projects in a row, all of which were amazing. The exciting arena battle between major manufacturers continues.