Skip to Content Facebook Feature Image

Phancy Group Ranked Number One in China’s Machine Learning Platform Market for the 8th Consecutive Year

Asia Pacific

Phancy Group Ranked Number One in China’s Machine Learning Platform Market for the 8th Consecutive Year
Asia Pacific

Asia Pacific

Phancy Group Ranked Number One in China’s Machine Learning Platform Market for the 8th Consecutive Year

2026-05-14 17:15 Last Updated At:17:26

HONG KONG SAR - Media OutReach Newswire - 14 May 2026 – IDC today released its China AI Software Market Semi-Annual Tracker, 2025H2 report. According to the report, Phancy Group (Stock Code: 6682.HK) achieved a 30.4% market share, securing the No.1 position in China's private deployment machine learning platform market for the eighth consecutive year, further strengthening its industry leadership.

Dr. Dai Wenyuan, Founder of Phancy Group, said: "Being ranked No.1 for eight consecutive years in IDC's China private deployment machine learning platform market is a powerful recognition from our customers and the market of our technological strength, product maturity, and proven large-scale implementation capabilities. This milestone reflects eight years of persistent innovation and dedication. Moving forward, we will continue to deepen our domestic computing ecosystem, while delivering standardized, full-stack AI products and solutions to help more enterprises achieve truly scalable AI adoption."

Since launching the Sage AIOS platform in 2016, Phancy has leveraged core technologies such as AutoML to significantly lower the barrier to AI development. This has enabled enterprises across finance, retail, manufacturing, and other industries to rapidly build high-performance, high-efficiency AI models, markedly improving business outcomes and laying a solid foundation for long-term market leadership. Recently, the company introduced PhanthyModel, an AI-powered intelligent modeling tool that elevates machine learning model development to a new level. Users simply describe the problem in natural language, and PhanthyModel automatically handles data analysis, model construction, and result iteration. Early tests show it reduces what previously took 5 to 6 hours of manual work to approximately 10 minutes, while continuously learning from expert feedback to achieve self-evolution.

In the era of generative AI, Phancy continues to expand its technological edge. Through its standardized AI development platform, the company has built an end-to-end closed loop from model development to deployment and operations, greatly improving enterprises' large-scale AI implementation efficiency. In December 2024, Phancy completed a strategic upgrade and outlined its technology roadmap of "AI Agent + World Models", offering more scenario-adapted and decision-intelligent solutions for industry transformation.

On the ecosystem front, Phancy continues to bridge domestic computing power, large models, and enterprise scenarios. Its ModelHub XC has completed compatibility certification for over 70,000 models, effectively solving compatibility issues between models and domestic chips. It now supports mainstream domestic computing platforms including Huawei Ascend, Cambricon, TianShu, Kunlun Core, Moore Threads, Hygon, Biren, Enflame, and others, further advancing China's indigenous AI ecosystem.

IDC forecasts that China's AI software private deployment market will maintain strong growth in 2026, with the mid-market segment becoming a key growth driver. Competition is shifting toward the ability to convert industry Know-how into scalable product capabilities. Leveraging its long-term technological depth, industry expertise, and ecosystem advantages, Phancy is well positioned to continue leading China's private deployment machine learning platform market.

Hashtag: #Phancygroup

The issuer is solely responsible for the content of this announcement.

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."

Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in general-purpose artificial intelligence.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

HANGZHOU, CHINA - Media OutReach Newswire - 30 June 2026 - The inaugural AI+OPC Innovation and Development Conference was held from June 29 to 30 in Shangcheng District, Hangzhou, capital city of east China's Zhejiang Province. Centered on one-person company (OPC), a new form of smart economy in the AI era, the conference program comprised one opening ceremony and two parallel breakout sessions.

Live from the 1st "AI+OPC" Innovation & Development Conference in Hangzhou

Live from the 1st "AI+OPC" Innovation & Development Conference in Hangzhou

It gathered around 400 delegates from government departments, industry associations, financial institutions, AI enterprises and OPC startup operators across the country. Participants exchanged insights on AI innovation pathways and cross-industry integration strategies, injecting strong impetus into Hangzhou's ambition to develop a national benchmark hub for AI+OPC entrepreneurship.

A series of key launches and milestone ceremonies took place during the opening segment. Official releases included the 2026 national OPC development observation report, Hangzhou's 2026–2028 action plan and supporting policies to build a national AI+OPC entrepreneurship hub, and a catalog of actionable AI+OPC application scenarios. Attendees also received an in-depth interpretation of the specifications for AI-enabled OPC community services and evaluation.

The ceremony featured multiple landmark initiatives: plaque awarding for Hangzhou's priority AI+OPC incubation communities and dedicated observation sites, the official launch of the AI+OPC Community Alliance initiative, and a kickoff marking the official construction of the national AI+OPC entrepreneurship hub.

The open forum session featured keynote speeches from distinguished industry and academic leaders. Speakers included Pan Yunhe, former executive vice president of the Chinese Academy of Engineering and professor at Zhejiang University; Liang Gui, former executive vice governor of Jiangxi Province and ex-director of the Torch High Technology Industry Development Center under the Ministry of Industry and Information Technology; and Zou Ling, head of Hong Hub, Shangcheng District's single-member unicorn startup acceleration community, who shared cutting-edge insights from varied perspectives.

A panel dialogue followed, bringing together representatives from Moshu OPC Community (Beijing E-Town), the School of Future Science and Engineering at Soochow University, Qingju Hub · Future Digital Intelligence Port (Shangcheng District), and Puhua Capital for in-depth industry exchanges.

Complementary concurrent events held throughout the conference included an OPC capital-industry matchmaking salon, a symposium on industry-education integration for AI-powered OPC sectors, and a national exchange forum for AI+OPC community practitioners.

OPC has emerged as a vibrant new engine driving economic vitality and underpinning high-quality development. Against the backdrop of a new development era, the inaugural Hangzhou AI+OPC Innovation and Development Conference unites OPC innovators nationwide.

Drawing on the creative energy of millions of independent super-individual operators, the event delivers sustained digital momentum to fuel Hangzhou's super-individual economy, while rolling out replicable local practices and actionable Hangzhou solutions to advance high-quality growth of smart economies nationwide.

The issuer is solely responsible for the content of this announcement.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

Recommended Articles