Greedy Technology announced to close tens of million yuan Pre-A funding round led by Qingsong Fund with the participation from Decent Investment and Taoli Capital.
The Beijing-based company provides vocational training services to foster AI professionals, including training on Python, machine learning, data analysis and natural language processing. The company claims to have served over 10,000 paid users to date.
According to Qianzhan, a Chinese industry analytics firm, the overall AI market size will amount to about 70-100 billion yuan by the end of 2020. China’s eductaion authority estimates that the current AI talent gap in China is more than five million with the demand for AI talents far exceeding supply.
The huge demand is pushing the market to make a change.
According to the filings and approval results of new undergraduate majors in 2018, most newly added are artificial intelligence-related majors, such as data science and big data technology, smart science and technology. The Chinese government announced 13 new professions in April with artificial intelligence engineer ranking first.
JMDedu is a leading B2B EdTech Media in China that informs and connects business professionals through our reports, events, and information services. Our mission is to drive the advancement of education. Our network spans the education industry in China as well as globally, including entrepreneurs, investors, startups, educators, business decision-makers, and policy decision-makers.
