(Hong Kong, September 28, 2023) China’s largest platform-centric decision-making AI company – Beijing Fourth Paradigm Technology Co., Ltd. (stock code: 6682.HK), today listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).
Boyu Capital, Primavera Capital, and HOPU Investments led this funding round, followed with other first-tier institutional investors like Sequoia Capital, Goldman Sachs, CPE, Jinyi Capital and FountainVest Partners.
4Paradigm as an AI innovator recognized for its software standardization level, scope of industrial coverage and solid customer base, has defended its championship in China’s machine learning platform market from 2018 to the first half of 2020 with expanding market share, ahead of leading vendors such as Alibaba, Tencent, Baidu and Huawei.
Supported by technologies such as the digital and intelligent traffic operation platform and Knowledge Graphs，4Paradigm will give full play to its capabilities of natural language processing and multi-round dialogue robots to provide personalized marketing services.
The MIT Technology Review has unveiled the 2020 edition of its influential‘TR50’list of the “smartest companies in China”, adding 4Paradigm to a prestigious club that includes tech giants such as Alibaba, Baidu, Nvidia, Tencent, and Tesla.
Leading global luxury menswear brand Ermenegildo Zegna （China） recently entered into a partnership with 4paradigm to drive innovation and development in its business and customer operations
Forrester released The Forrester Wave™: Predictive Analytics And Machine Learning In China, Q4 2020 report. 4Paradigm received the top score in the Current Offering category, and among the highest scores in the Market Presence category.