COMPANY PROFILE · /iflytek
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iFlytek

<cite index="37-24,37-25">iFlytek is a partially state-owned Chinese information technology company established in 1999. It creates voice recognition software and 10+ voice-based internet/mobile products covering education, communication, music, intelligent toys industries.</cite> The company has pivoted into large language models (iFlytek Spark/Xinghuo) and multimodal agents, with widespread deployment in healthcare diagnostics, education, and smart devices.

iflytek.com· Hefei, China· founded 1999reported
Fresh · 5d ago
Latest valuation
Market cap varies; substantial public enterprise
Annual Recurring Revenue
Undisclosed; multi-billion yuan revenue at enterprise scale
Headcount
3,000+
Funding total
Public company (listed Shenzhen Stock Exchange); ~$51.2M five-year international investment plan (2024)
OVERVIEW

<cite index="37-13,37-18,37-19,37-20">In April 2025, iFlytek released Xinghuo X1, a large language model worked on by both iFlytek and Huawei. The Xinghuo large language model is a large language model developed by iFlytek in 2024 that solely relies on Huawei's computing platform due to US restrictions on advanced AI chips. According to its chairman Liu Qingfeng, they managed to raise the efficiency of Huawei's Ascend 910B AI chip from 20% to nearly 80% of Nvidia's capabilities.</cite> <cite index="38-1,38-2">The iFLYTEK Open Platform delivers over 50 million AI services daily to the visually and hearing impaired community, empowering developers to create 29,000 accessibility applications.</cite>

Status
active
Tier
master-list
Profitability
Profitable public company
Pricing
enterprise, api, freemium
FUNDING HISTORY · 0
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