Wang Xing: Meituan will not blindly pursue becoming a "Token Factory" but will see AI as a strategic opportunity

BlockBeats News, March 26th: In the field of AI, Meituan's CEO Wang Xing stated that in the AI revolution, the only reasonable strategy is offense, not defense. However, Meituan will not blindly pursue becoming a "Token Factory" but will instead view AI as a strategic opportunity.

Since early 2023, Meituan has made significant investments in capital expenditure and AI talent. "Except for enterprises with cloud computing businesses, Meituan's investment in AI is probably the largest among domestic enterprises and has been persistently laid out for more than three years." Meituan is continuing to invest in its self-developed base large-scale model, LongCat, and is also cooperating with the industry's top third-party large-scale models, dedicated to understanding the real physical world most accurately.

Wang Xing believes that the key to AI's "super entrance" lies in accurately understanding user needs and efficiently executing tasks, a complexity far beyond "chatbots." "We hope to make the Meituan app the preferred platform for users to meet their local life needs using next-generation AI technology. We will strengthen AI search capabilities, enhance execution capabilities, and strive to upgrade Meituan to a leading AI-driven application, becoming the AI entrance for future local life needs." Wang Xing stated. (The Paper)