After the conference, the group stayed in Sydney for a few more days and had a rare time to relax.

Unfortunately, the happy time was always short-lived. Except for Meng Fanqi and Tang Huang, who took a break from school, the other four still had their studies to attend to.

It was already quite difficult for them to come here during regular class time with Meng Fanqi.

After delaying for a few more days, they had to return to school eventually, otherwise it was possible for them to fail three or four subjects.

Meng Fanqi wanted to help the people around him, but it was unrealistic to accompany them all the way and prevent them from completing their undergraduate studies.

The main purpose of bringing them here this time was to let them understand the current situation and potential of the AI industry.

Liu Xu, Mai Mang, and Qin Hui, who were planning to stay in China, naturally had their own arrangements and plans.

The most important thing that Meng Fanqi hoped they could assist with was to establish a high-quality Chinese database in China.

This was the most crucial factor for the future success of Chinese ChatGPT.

Meng Fanqi was confident that he could bring all the resources of the Western AI industry into his hands with his abilities, but he couldn't solve the fundamental problem of the lack of high-quality Chinese data.

This was also the biggest reason that troubled many technology companies in China before his rebirth. There was far less high-quality Chinese data compared to English.

And high-quality data was the oil of the AI era.

China started late in the internet industry, and its data accumulation was inferior. Everyone was busy making quick money.

Who would be willing to invest money to collect and annotate data?

In order for Chinese and Chinese AI to keep up with the pace in the ChatGPT era four or five years later, Meng Fanqi had to make arrangements in advance.

This was a huge project that devoured money like a black hole. The cost of employing one employee would be at least one hundred thousand yuan per year. Hiring hundreds of people would cost tens of millions in a year.

The only reward would be piles of ruthless data, and there would be no revenue in the short term.

In the long run of four or five years, Meng Fanqi would have to invest at least three to five hundred million yuan. If he wanted to improve the quality and scale of the data, it was not impossible to invest over a billion yuan.

"It's fortunate that I signed a profit-sharing contract with Google, otherwise I really don't know where to get this money."

Meng Fanqi felt some pressure. After carefully calculating a few accounts, he realized that the cost of what he wanted to do seemed much higher than he had imagined.

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"Liu Xu, Mai Mang, Huihui, this is the situation. I will contact you specifically in three or four months. You will be responsible for helping me collect data in China."

At the airport, Meng Fanqi and Tang Huang were going to visit Shang Hai, while the others were returning to Yan Jing.

This would be a rare opportunity to meet in the future, so Meng Fanqi explained the general plan for the future. "You don't need to consider revenue for this data collection task, don't feel pressured. The purpose of establishing this department in the company is not to make money. Other departments will handle revenue. I will bear all the expenses, and your salaries will definitely not be reduced."

Meng Fanqi asked these classmates to help him with the data collection. He signed a big contract with Google, so he didn't need to transfer the profit-sharing from Baidu to the United States anymore.

He would stay in Yan Jing and invest in the construction of Chinese data infrastructure. He didn't want to create any jokes like drawing a picture and then translating it into English.

"First, focus on the construction of data infrastructure. When there are other opportunities in the future, I will discuss with you in detail."

This AI company would definitely have some cooperation with Baidu. Meng Fanqi planned to use his connections to obtain more data from within Baidu.

After they gained some experience, they could interact with the technical department and Baidu to exercise. Next year, they could take on some cooperation and tasks with domestic major companies.

Of course, Meng Fanqi would be fully responsible for the technical aspects.

The main reason was that he felt more at ease with familiar people in charge of this data.

"Well... if there's a chance, come to Stanford for an exchange." Han Ci didn't give Li Feifei a definite answer a few days ago, and Meng Fanqi didn't know what she was thinking.

In theory, Yan Jing University and Academician E's position in China was already prestigious enough. However, Han Ci was well aware that doing AI and statistics in the field of applied mathematics was definitely not as profitable as following the footsteps of Meng Fanqi, the leader of the AI new era.

Without Meng Fanqi's breakthrough in actual performance, the theoretical proof she demonstrated a few days ago would definitely be ignored and considered insignificant.

But her thoughts were still in chaos at the moment, and she hadn't figured out this matter completely.

Meng Fanqi didn't say much either. He believed and respected Han Ci's own thoughts.

Soon, he and Tang Huang boarded the flight back to China.

This trip, besides Meng Fanqi and Han Ci gaining fame in the AI academic circle, the one who gained the most among the other four was Tang Huang. The remaining three just strolled around and broadened their horizons.As the sponsor of Meng Fanqi's experimental equipment during the competition, and the person who guided Meng Fanqi onto the path of AI in his previous life, Tang Huang, despite being a bit mixed up, still had the right to have his name listed among the participating teams.

This also won him a ticket to Stanford. Even without a full scholarship or direct PhD admission, the prestige of Stanford far surpassed the schools he had originally planned to apply to.

Having a friend who knew him inside and out by his side, not to mention, many inconvenient matters could be confidently left to him in the future.

Moreover, Tang Huang did have some special skills in many areas, or rather, they could not be considered special skills.

For example, being familiar with the 2D world didn't seem to be an advantage at any time.

Apart from this trip to Shanghai to harvest some shares from Mi Huyou, Meng Fanqi really couldn't think of any other use for Tang Huang's attribute.

Although Mi Huyou showed no signs of success at this time, in reality, this small studio with only a few people had been established for nearly three years.

In early 2011, a few students still in school established the Mi Huyou studio in a dormitory at Shanghai Jiaotong University.

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No one could have imagined that this game company, mainly focused on the 2D world, could later reach a valuation of 200 billion yuan with just two or three games.

Among all the internet companies that took off in the new century, Mi Huyou's uniqueness was not just limited to this.

The most legendary part was that this company had only accepted financing once from start to finish.

People often see news like this: a certain company has received B round financing, with a valuation of tens of billions.

The reason for financing is actually a lack of money, just like the three founders of Mi Huyou who each receive a salary of 4,000 yuan per month.

Angel round, A round, B round, C round, D round financing, actually refers to the order of financing.

The further along, the more mature the company's products, profit model, scale, etc., the smaller the risk. To obtain the same share, the more capital needs to be invested.

For ordinary companies wanting to grow and go public, it's very common to have four or five rounds of financing, and a financing scale of several hundred million is not considered large.

However, from the end of 2011 to 2012, Mi Huyou spent more than a year without attracting any investment.

Since the three founders were all graduates of Shanghai Jiaotong University, many investors had shown interest in Mi Huyou.

Unfortunately, the 2D culture, let alone at that time, is still not considered mainstream in the market today.

Especially the three founders had a high concentration, and their composition was very problematic.