China Telecom Leads Hundreds of Millions in Funding for Mianbi AI to Advance Multimodal AI Technology

Recently, Mianbi Intelligence completed a Series A funding round worth hundreds of millions of RMB, led by China Telecom Strategic Investment, with participation from CITIC Securities and CITIC Private Equity. The two parties will closely collaborate, combining Mianbi Intelligence’s proven expertise in deploying algorithms across sectors such as legal services, automotive, and education with China Telecom’s infrastructure strengths in cloud, network, and edge devices to jointly expand AI applications in complex scenarios. On February 4, Mianbi Intelligence open-sourced its next-generation multimodal large language model, MiniCPM-o4.5. Despite having only 9 billion parameters, the model achieves industry-leading performance in tasks including visual understanding, document parsing, speech processing, and voice cloning. It also supports “instant free-form dialogue,” featuring continuous perception, natural interaction, and proactive reminders. The model is now available on GitHub and Hugging Face.