As a mage, I just want to pursue the truth

Chapter 83 Entering Semiconductors ([-] words in [-])

Li Miaomiao stroked her slipping bangs, her bright eyes sparkled under the light of the crystal lamp:
"Fate is magical and unpredictable. When I chose Zheng Li at Jiangcheng University's one-week couple event, I never thought that so many things would happen. After meeting him, I felt as if my life had been accelerated."

Li Shuyao looked at each other: "Well, I just feel that the gap in our social status in the past two years has become too big to make up. The ancients said that one fate, two luck, three Feng Shui, four accumulations of yin virtues and five readings really make sense."

"Individual struggle is too small in the face of fate."

"I guess I will still go to CICC. After I accumulate some experience, if you want to start an investment company, see if there is any opportunity for me."

Li Miaomiao said: "Cheng Gang, do you know?"

Li Shuyao: "I know, your general manager, he was at Shunwei Capital before, and the people at CICC Investment Bank said he was lucky when they mentioned him."

"If he had known that the science and innovation biology would have today, he would definitely not be able to take this position."

"That is to say, Zheng Li doesn't like to make troubles, so he hid in the Lion City early, otherwise all kinds of thoughtful people looking for Zheng Li will annoy him to death."

Li Miaomiao smiled when the other party mentioned Zheng Li: "Zheng Li will definitely not meet those people, Cheng Gang wants to set up his own venture capital company."

"I specialize in angel investment in the biomedical industry. If you are interested, I can help you connect."

"In addition, Lei Jun's Shunwei Capital currently has no person in charge of investment in the field of biomedicine. It used to be Cheng Gang. If you are interested, I can help you to ask."

Li Miaomiao is very considerate of her sister.

Li Shuyao shook her head: "Forget it, how much money can Cheng Gang's venture capital company have to invest? It's not worthwhile for you to owe him this favor."

"You'd better not have interests involved with Cheng Gang. Zheng Li will feel uneasy if you have interests involved."

"Forget about Shunwei Capital. I went to the two companies you mentioned. I guess Cheng Gang can give me a middle-level job. Shunwei Capital will definitely start from the research institute."

"It doesn't help me much in my career. After I graduate from graduate school, there is a high probability that I will go to CICC, and I may also go to a foreign investment bank."

"Accumulate some experience first and see if there are any opportunities. Having a sister like you is my best connection hahahaha."

"Where do you plan to use the 400 billion RMB funds raised in this listing?"

"Whether it's the endorphin phase II production base or the large-scale brain-computer connection experiment, it shouldn't cost so much, right?"

Li Miaomiao sighed: "We plan to develop our own brain-computer connection chip, and we are currently in the preliminary research stage."

"The brain-computer connection chips we use now belong to the fine-tuning of standard chips, and it is difficult to improve at this level."

"Have you ever connected your brain to your phone?"

Li Shuyao: "My current rice mix4 was given to me by you! Of course I have used it."

Li Miaomiao continued: "You should have also discovered that the current brain-computer connection can only realize the function of clicking the screen, such as controlling the volume and turning the power on and off."

"When you're walking, the brain-computer connection can't work, and there are many limiting factors."

"Not to mention the realization of the metaverse that the media said, if you want to control VR devices through brain-computer connections, standard chips are far from enough."

There are about 1000 billion neurons in the brain, and each neuron is connected to [-] similar neurons, and each neuron has a different firing pattern, a different encoding method, and a different information processing method.

"We are planning to enter the semiconductor industry. Since 17, everyone in the semiconductor industry has gradually learned that semiconductors really burn money."

As an intern at CICC, Li Shuyao has also read CICC's internal research report on the semiconductor industry:
"What chip are you going to make? It should be an ordinary MCU, not an AI computing chip."

Li Miaomiao was a little surprised: "Do you still know the difference between an MCU and an AI computing power chip?"

MCU is what we commonly call a chip. The full name is Microcontroller Unit (micro control unit). MCU is equivalent to integrating a series of things such as CPU, memory, and PLC into one chip.

The AI ​​computing power chip is a module that specializes in processing a large number of computing tasks in artificial intelligence applications. It is narrower in definition than MCU and has a single function.

Li Shuyao nodded: "At least I have been an intern at CICC for so long, and I still have a certain understanding of the semiconductor industry."

"MCU is okay. The MCU industry has been relatively mature for so many years. Although there are few domestic related talents, there are still some."

"But for AI chips, it's a bit difficult to recruit people. There are very few talents in this field in China, and basically all of them are in a few big factories."

"However, Kechuang Biotech is considered a big company. If you want to poach people, you can still poach people as long as the price is high enough."

Li Miaomiao explained: "We have to do both MCU and AI computing chips."

"In the short term, it is only for brain-computer connection applications on mobile phones and medical devices. Conventional MCU custom development is sufficient."

"But considering the long-term, if we want to develop in the direction of virtual reality, AI chips will start to accumulate now."

“The preview of the technology starts long in advance.”

Li Shuyao applauded: "Good ambition! Good idea!"

Li Miaomiao was helpless:
"The development of technology is a painful and powerless process, especially when you are at the forefront of the technology."

"Now I see that the budget is big, and I finally understand why domestic companies are unwilling to increase investment in research and development, and are unwilling to do basic innovation."

"The cutting-edge R&D investment is too high. We will build the structure of the semiconductor company in the fourth quarter of this year. We expect to spend 10 billion RMB just to recruit people."

The salary of a regular MCU engineer with certain work experience is more than 30, the salary of a senior architect is 150 million, and the salary of a big-level architect is at least 200 million.

The salary here is just the minimum value, and the actual value may be higher.

The good thing is that science and technology companies are now considered giants in the industry, and they are also at the forefront of the brain-computer connection field, so they don't need to pay too much premium.

If it is a chip start-up company and the founder does not have a strong background endorsement, the premium may be 50.00% to [-]%.

As for AI chip engineers, they are even more expensive, and senior engineers with a little bit of experience are less than 100 million.

In terms of chips, the country has also taken the lead in investing money in the past few years, otherwise most companies would not be able to survive.

Li Miaomiao continued: "One billion is just a framework. It is estimated that next year it will cost 100 billion. Next year, the patent licensing fee for brain-computer connection will basically be fully invested."

"As the person in charge of finance, I feel heartbroken looking at the amount in the budget."

There are very few companies in China that can burn money to make chips. Except for specialized semiconductor companies, only Huawei, Qiandu, Ari, and Goose Factory can persist.

It's not that the giants really can't afford it.

Li Shuyao reminded:

"Eleven billion sounds like a lot. Burn a quarter of your 110 billion raised funds, but if you are willing to use the brain-computer connection chip to set up a company."

"It's not a problem for this company to introduce external capital investment, and with Zheng Li's industry status, it's not a problem to get 20 billion yuan." "Do you know Qiandu's Kunlun chip? The first AI chip in China announced the completion of research and development in 18." , using Samsung's 14nm process."

"It has been more than three years now, and the output is less than [-] pieces. Most of them are bought by Qiandu and used in their Apollo self-driving cars."

"The Kunlun chip is said to be an AI chip, but in fact the biggest application scenario is still in autonomous driving."

"Qiandu doesn't build its own cars, so maybe it wants to rely on the data accumulated by Qiandu Maps to complete corner overtaking in the field of automatic posture?"

"They want to develop self-driving chips, can they beat Tesla? Not to mention Tesla, even the new domestic car manufacturers may not be able to beat them."

"But even so, Qiandu's Kunlun chip was used to set up a separate company. The financing completed in March this year was valued at 20 billion yuan."

"You really pulled out the brain-computer connection chip for financing, and you can raise so much casually."

In the past few years, Qiandu has been very difficult. The mobile Internet has not caught up, and it is becoming more and more difficult to do business on the PC side.

The rise of private domain traffic has weakened the function of Qiandu as a traffic portal.

Qiandu hopes to overtake on corners in the field of autonomous driving and artificial intelligence, and they have invested a lot of money in this field.

Li Shuyao saw many similar cases during her internship at CICC, and she was familiar with recent capital operation cases in the market: "Qiandu's Kunlun investor has IDG Capital."

"If you want to invest, Shunwei Capital, IDG, Temasek, and Goldman Sachs will all be willing to invest, but BOCOM International may not."

Li Miaomiao's position determines that she can see at a higher level than Li Shuyao:

"We can still burn 100 billion RMB ourselves."

"Qiandu will take out Kunlun because their chips have no source of income. In recent years, Qiandu has been worse than every year."

"It's a bit powerless to burn out AI chips that can be promoted on a large scale by ourselves."

"Do you think Goose Factory, Huawei, and Ari will take out chip companies to introduce external investment?"

"Will Huawei's Kunpeng and Ari's flat-headed brother use it for financing?"

Pingtouge is a wholly-owned subsidiary of Ali Dharma Academy.

"If one day Kechuangbio takes out semiconductor companies for financing, it must be that we have encountered great difficulties."

"Now the patent licensing of brain-computer connection alone can support a chip company."

"After the development of the brain-computer connection technology in the English Department is completed, we can even afford to support two."

Li Miaomiao's tone was full of not bad money.

There are only two words in Li Shuyao's eyes: envy.

"Hao has no humanity, no wonder it is best to do monopoly business."

"During our internal discussions, we all said that if you are willing to do some customized development in the field of brain-computer connection, the valuation can be higher and the revenue can be more."

Li Miaomiao didn't understand what customized development was.

"Customized development?"

Li Shuyao explained: "It is to collect statistics on the brain nerve signals of users on different browsing pages, and then sell these data to Internet companies."

"Currently, your family is the only one that can do this business. During our internal discussions, we all said that Kechuang Biology has mastered the neural signal channel of the human brain."

"The Strait of Malacca holds the human brain. It is no wonder that the overseas research and development center of Kechuangbio is located in the Lion City."

Li Miaomiao: "The Lei Jun you mentioned mentioned it to us, because the technology licensing algorithm we provide to them is a complete black box."

"Dami wants to customize the collection of users' brain nerve signals, but Mr. Lei came to ask if we can open this part of the function to them."

"It is technically possible, but there will be some uncontrollable factors after opening up this part of the function."

"In addition, the legislation in this area is very imperfect. We have to wait for the introduction of relevant rules and regulations before considering whether we can do it."

"And from my personal point of view, after opening this function, people will be more likely to be tempted and indulged."

"Now big Internet companies are already using big data to harvest users in various ways. Combined with brain neural signal feedback, ordinary people will be more easily harvested."

"From my personal point of view, I don't want to open up this part of the function. From the company's point of view, the benefit is only a larger scale of revenue, but the lack of a more important part of a company's sense of social responsibility will have a greater impact."

Li Shuyao applauded and looked at her younger sister, "You are more mature than me in thinking."

"My consideration is only at the corporate level. You are already considering corporate social responsibility."

"As a young company, Kechuang Biotech is right now not to take the route of doing whatever it takes to benefit."

"By opening up the brain nerve signal data, you as a to B company will not be affected, but backlash will appear at an unexpected level."

The word-of-mouth plummet of Ari and Lao Ma appeared after they didn’t care about users’ feelings, used big data for the benefit of the enterprise, and sold traffic for the benefit of the enterprise.

The same is true for Qiandu. There is no bottom line in traffic advertising, which leads to the loss of hearts among the younger generation.

Li Miaomiao nodded: "We used to be positioned as a high-tech R&D enterprise, and our R&D-oriented purpose is to bring a better life to mankind as our corporate vision."

"Although this kind of slogan is very big and empty, we are indeed developing on this road."

Li Shuyao: "Most of the Internet giants in Huaguo had a good vision at the beginning, but they gradually developed into what they are now."

"It is difficult to control the change of the enterprise. As an executive, you cannot restrict the development path of the enterprise. Only Zheng Li can restrict it."

"Staying in Lion City is not a solution for Zheng Li. He is too far away from the company. If he hasn't come back for so long, the executives are completely unfamiliar with him. How can he control the company?"

"It's like throwing all the responsibility of running the company on you."

Li Miaomiao and Zheng Li belonged to a high degree of bondage of interests. If Zheng Li lost control of the company, Li Miaomiao would definitely be excluded.

Li Miaomiao said helplessly: "Zheng Li said that he will come back after finishing his recent research project."

"And even if he stays in Gusu, he still stays in the laboratory every day, which is no different from now."

"When he was in Gusu before, the group of executives wanted to give away some special products during the holidays, and no one else could see them."

　Thanks to Wactor for the reward!
　　Thanks to all the book friends for their support along the way, Sanjiang will start this Sunday, and it will be on the shelves next Friday.

　　I really did not expect to be able to go to Sanjiang, thank you again for your support!
　　
　
(End of this chapter)