Meituan
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Search complete. 19 mentions across 10 episodes found for "Meituan".
Oct 17, 2026
Kyungjin KimHOST
And the numbers in the briefing back that up perfectly.
Kyungjin KimHOST
Like Meituan, the massive tech and delivery conglomerate, they recently trained a one point six trillion parameter AI model entirely on Chinese-made chips.
speaker_1HOST
Which is staggering.
Kyungjin KimHOST
Yeah.
speaker_1HOST
At the absolute bleeding edge of physics and manufacturing, a raw hardware performance gap likely remains.
speaker_1HOST
The domestic chips might, you know, consume more power, they might run hotter, and they might require larger physical spaces.
Kyungjin KimHOST
So how on earth is Meituan training a one point six trillion parameter model on slower hardware? It feels like trying to win a Formula One race with a minivan.
speaker_1HOST
[chuckles] That's a funny image.
Richard BianGUEST
But without Foursquare, there will not be Uber.
Richard BianGUEST
There will not be Meituan and there will not be all the other things because you need this geolocation methodology or you need this geolocation product or this kind of product POC or this technology or this SDK, whatever you call it, to be able to demonstrate, hey, this thing can be really valuable.
Richard BianGUEST
But it doesn't solve everything.
Richard BianGUEST
So for example, if you have a Foursquare, you won't be able to really produce Uber immediately because the geolocation API is expensive on 2G internet.
Richard BianGUEST
But without Foursquare, there will not be Uber.
Richard BianGUEST
There will not be Meituan and there will not be all the other things because you need this geolocation methodology or you need this geolocation product or this kind of product POC or this technology or this SDK, whatever you call it, to be able to demonstrate, hey, this thing can be really valuable.
Richard BianGUEST
But it doesn't solve everything.
Richard BianGUEST
So for example, if you have a Foursquare, you won't be able to really produce Uber immediately because the geolocation API is expensive on 2G internet.
Rui MaGUEST
But in China you have the independent labs, you know, MiniMax, StepFun, GL, Zhipu which makes GLM, DeepSeek obviously.
Rui MaGUEST
But, and then you also have a bunch of labs from the big companies who are still very competitive, right, ByteDance, Tencent, Alibaba, and then you have even non, you know, who you would consider like maybe less techy players, Xiaomi, Meituan, Ant, et cetera, also-
Bernard LeongHOST
Mm
Rui MaGUEST
... all getting into the foundational model game.
Rui MaGUEST
They all have a very different take, right? Some of them are doing it because, uh, they have distribution and they can sell additional incremental s- services.
Rui MaGUEST
Some of them doing it because they have a big cloud services business.
Rui MaGUEST
Some of them are doing it because it's gonna help their own business a, a lot, right? Meituan, that's kind of their, at least the, their outward narrative that, hey, this is gonna help us with our small business customers and how we interact with them, service them, and, and how they can run their own operations.
Rui MaGUEST
And then you have like, of course, the, the independent labs also chasing after AGI, ASI, RSI, whatever, [laughs] you know, whatever it is a- at the moment, but really like getting to the, the super intelligence, right, that, that we all think is, or that at least it sounds like both of us think is, is not-
Logan WrightGUEST
And so they're telling companies to pay for it.
Logan WrightGUEST
They're telling Meituan to cover this for their drivers.
Logan WrightGUEST
They're telling local governments to pay for it, and they can't actually...
Logan WrightGUEST
They don't actually have the money available.
speaker_1HOST
Yeah.
speaker_1HOST
The investment round also includes backing from Meituan's Longju Capital, which signals broad institutional support for this software-first approach.
Kyungjin KimHOST
But DeepSeek is also actively shopping for a physical shell to house that brain eventually, aren't they?
speaker_1HOST
They are.
Kevin BrocklandHOST
Not-- We-- So, uh, nine months.
Kevin BrocklandHOST
And then Sharpot, the robotics company founded by the co-founders of Hesai, a Chinese LiDAR company with the Singapore address, Shanghai lab, cap table full of Alibaba, Tencent, Meituan, and JD.
Kevin BrocklandHOST
Now, to be completely clear, because this is the easiest thing in the world to get, get wrong, I have no problem with Chinese companies.
Kevin BrocklandHOST
I think more of them should look at Singapore as, uh, a place to move.
speaker_4HOST
Windverse was founded this year by Hu Han, a former top Tencent scientist who led its vision language and embodied foundation model teams, and who previously worked at Microsoft Research Asia and Baidu.
speaker_4HOST
Other backers, including Meituan's Long Z Investments, would value the startup at about four hundred million dollars after the investment, according to people familiar with the matter.
speaker_4HOST
The deal is not final, and the terms could change.
speaker_4HOST
It would be one of DeepSeek's largest startup bets, funded from its own raise of more than twelve billion dollars.
Richard McKenzieGUEST
And I, I'm ...
Richard McKenzieGUEST
You'll know I spent some time in China in the past, and I'm just amazed what, you know, people like Meituan and Manji's is living out.
Richard McKenzieGUEST
Um, you know, I think the delivery from store business has gone further than any of us ever expected.
Richard McKenzieGUEST
Um, so getting these people under your belt, being able to o- say we offer you anything, I think is, is useful.
Jing YangCORRESPONDENT
Then what we reported is some smaller names, but also, you know, existing tech companies that are entering the race.
Jing YangCORRESPONDENT
So there is, uh, Meituan, which is the biggest, uh, food delivery, grocery delivery platform in China.
Jing YangCORRESPONDENT
And then there's Xiaomi, which is a ve-- is a leader in smartphone that-- but then the company also sells electric cars.
Jing YangCORRESPONDENT
And then finally, there's Mihoyo, uh, which is a video game publisher, video game studio, and they have published some hits that you may have heard of, such as the Genshin Impact.
Jing YangCORRESPONDENT
[laughs] Um-
Akash PasrichaHOST
Right
Jing YangCORRESPONDENT
... and then going back to Xiaomi and Meituan.
Jing YangCORRESPONDENT
So Xiaomi and Meituan started doing, uh, doing their mo- uh, uh, building their models last year.