Wang Xing: Meituan is actively exploring AI and is developing basic models and applications

In response to AI-related issues, according to IT House, Meituan founder Wang Xing stated in the earnings conference call that he firmly believes that AI will change all aspects of our lives, and the application of AI is not limited to mobile phones or the Internet industry. AIGC (Artificial Intelligence Generated Content) is just some of the ways AI can be applied. AIGC will change the basic way people create and generate content, and it will also have an impact on Meituan's business. Wang Xing also said that Meituan has always maintained an open attitude towards AI-related development opportunities, and Meituan will be committed to building its own AI functions and applying them to users. Wang Xing said that years of operation have allowed Meituan to accumulate a large amount of proprietary data. Because of this, Meituan will actively invest in AI technology within the scope of its capabilities, with a view to making AI technology benefit everyone.