Chapter 0827 lack of funds
Lian Sinian said: "Senior Brother Xu, I knew you must be eating mashed potatoes in Hale at this time."
Xu Li smiled and said, "You know that during my time studying for a PhD in Hong Kong, what I miss most every day is the minced meat and mashed potatoes in Harle Restaurant. I drool in my dreams. I finally returned to Jiaotong University, so of course I have to eat enough!"
Lian Sinian pointed to Li Rui beside him and said, "Senior brother, let me introduce you to me. This is my fellow villager, and his name is Li Rui."
Xu Li quickly stood up, bent down slightly and shook hands with Li Rui. This posture was not because of knowing Li Rui's identity, but because of his profound knowledge and superb literacy.
Lian Sinian said: "Brother Rui, please sit down and talk to Senior Brother Xu first. I'll go and cook a few dishes."
Li Rui sat down and Xu Li asked: "Is Mr. Li studying or working at the moment?"
"I have been graduating from Haizhou University for more than three years." Li Rui said, "I am currently doing business by myself."
Xu Li said: "It's pretty good to do business, but I'm not good at doing business."
Li Rui thought to himself, you may not be good at doing business, but you know technology.
In the future, technology is the core competitiveness. No matter whether Xu Li will do business or not, as long as he masters the world's most advanced technology, whether it is business or investment, he will take the initiative to come to him!
Li Rui said: "Senior Brother Xu is humble. With your IQ, if you don't do research, you will definitely be a good businessman."
The two of them whispered a few words in business, and Lian Sinian brought back a few dishes and started chatting while eating.
Lian Sinian said: "Senior brother, how are the data I obtained a few days ago?"
Xu Li sighed: "There are still some problems. I'm afraid I need to calculate it again to determine whether the feedback mechanism of the intelligent network is 100% effective..."
Lian Sinian said, "It's another 300,000... Your laboratory is really rich!"
Li Rui asked: "What 300,000?"
Lian Sinian smiled and said, "Brother Rui, don't you know. Our school's large computer group is used to perform advanced and complex calculations. There are only a few groups in the whole country. The cost of starting one is very high! Senior Brother Xu's experiment is charged 300,000 yuan per calculation, which is still a friendly price. It is 500,000 yuan for the outside world, and it has to be scheduled."
Xu Li smiled bitterly: "If you have any money, you can't calculate the results, and the experiment will be stopped."
"So serious?" Lian Sinian was shocked, "Don't you have any funds?"
Xu Li said: "Xiawen University does attach great importance to this project and gives 10 million yuan in funding, but it can't stand the research on artificial intelligence is too expensive. The research equipment alone costs more than 5 million yuan, which is almost the same. If you want to ask for further funds, you have to come up with phased results. If there are no good results in this experiment, the subsequent funding may be gone..."
"That's not all in vain!" said Lian Sinian. "I think your project is fine. If it is suspended due to funding issues, it would be a pity!"
Xu Li said: "Professor Tang said the same thing. He has filled in more than two million yuan personally, but compared with huge research funds, it is just a drop in the bucket. He asked for sponsorship if it doesn't work, and if it doesn't work, he would pre-sell the technology, just don't know if those companies are willing to take risks."
Li Rui listened silently, feeling ecstatic.
Short of money?
Very good!
Li Rui has nothing else, the only thing is that he is rich.
Xiashang Technology, which was later established by Tang Xiaoou and Xu Li, mastered computer vision, pattern recognition and image processing technologies that are the most advanced in the world and are used in many fields.
Not to mention anything else, the mobile phone that Li Rui is investing in is using the image technologies such as face unlocking, smart beauty, smart filters, background blur and smart photo album provided by Shangxiashang Technology.
Xiashang Technology's augmented reality technology platform can serve various user-made content video platforms such as short videos, live broadcasts, and other user-made content video platforms. Li Rui's investment, Kuliu, which is about to be acquired, Tang Dynasty, and even Greenfield Culture and short videos that may be made in the future can all use their technology.
There is also the smart car industry. Xiashang Technology's adas driving assistance system and smart cabin solutions comply with the automotive-grade quality system and can be used by Li Rui.
Even if Li Rui wants to enter the metaverse in the future, Xiashang Technology can also provide interactive experience technology that integrates virtual and real...
Xiashang Technology may not be the most profitable company, but it must be the most technologically dependent company. In the future, as long as you master the technology, isn’t it easy to make money?
With a light cough, Li Rui joined their conversation.
"Does Senior Brother Xu's laboratory require funds?"
Xu Li was stunned for a moment and nodded, "It's true that there is a shortage of funds."
"I wonder if you have any restrictions on funds, such as the funds of venture capital companies, will you consider them?" Li Rui asked.
Xu Li didn't understand a little and looked at Lian Sinian.
Lian Sinian hurriedly said: "Li Rui is a venture capitalist."
Xu Li suddenly realized and hurriedly said, "I'm not respectful."
Li Rui smiled and said, "You are welcome, Senior Brother Xu, Si Nian and I are fellow villagers and good friends, so I can just say something. I think artificial intelligence is the future development trend, so I am a little interested in the projects you are doing in your laboratory. If possible, I hope to talk to Professor Tang about investment."
"you mean?"
"I want to invest some money in your laboratory. If you have technological output in the future, I will get a part of the profit rights."
Xu Li was still worried about the experimental funds just now, and someone sent money to the door in a blink of an eye, which made him a little confused.
He was a little uncertain about Li Rui's strength and hesitated: "Mr. Li, you may not be very clear about the amount of funding demand for this kind of experimental project...it may have to be calculated in nine digits."
"No problem." Li Rui smiled, "Whether it's nine or ten digits, as long as you use it, I can vote."
Li Rui is very clear about Xiashang Technology's ability to burn money. From the start to maturity, the entire technology project implementation process has raised 3 billion yuan!
Before Li Rui spoke, he was ready to invest one billion or even two billion.
This investment will ensure in the future that it will use artificial intelligence technology as the core, link all industries together, and form an entire ecosystem.
Instead of waiting until others are mature and then spending a lot of money to buy, it is better to raise it early while you are still in the cradle.
Li Rui now understands what it was like to find a child bride in the old society. This is called advanced investment!
Lian Sinian was afraid that Xu Li would not believe in Li Rui's strength, so he helped to endorse him. Although his student status was not convincing, Xu Li still believed it.
"Let me do this, I'll call Professor Tang." Xu Li didn't dare to make decisions and said honestly.
"Okay." Of course Li Rui wouldn't mind.
This decision was finally made by Tang Xiaoou. Li Rui was also curious and respectful to this absolute authority in the field of computer vision in China.
Chapter completed!