Magic Engine Artificial Intelligence Co. ,Ltd.

Magic Engine Artificial Intelligence Co., Ltd. is a Chinese startup focused on interpretable AI. The company's slogan, "Let People and AI Co-evolve," reflects its commitment to creating AI systems that are transparent and understandable. Founded in 2015, Magic Engine specializes in providing a platform for interpreting, intervening, and simplifying AI decision models. Its standardized software aims to improve model production, iteration, and management efficiency, with a significant increase of 30 to 40 times in the efficiency of AI modeling. The company's latest funding round was a CNY10.00M Series A investment led by Ideal Ventures in February 2023. Magic Engine's intelligent platform serves industries such as finance, healthcare, retail, and research, offering solutions for intelligent risk control, precision marketing, customer relationship management, and data operations. The company's focus on enabling science and technology, along with compliance operations, is aimed at creating higher business value for its clients.