Against the backdrop of escalating global tensions, several Chinese tech firms are adjusting their overseas strategies, distancing themselves from their origins. In this landscape, DP Technology, a forward-thinking startup, stands out. Founded in 2018, DP, or "Deep Potential," focuses on applying artificial intelligence to molecular simulations. The company's vision centers on the unifying force of "scientific research for humanity" as it charts a course for global expansion.With esteemed mathematician Weinan E as its advisor, DP offers tools for scientific computing—a process integral to technological development and scientific research. Scientific computing's applications span diverse fields, including biopharmaceutical research, car design, and semiconductor development. DP aims to revolutionize this field by combining machine learning and molecular simulations to enhance the speed and accuracy of real-world problem-solving.
While AI's current spotlight is on generating text, images, and videos, DP pioneers a less-explored domain. CEO Sun Weijie emphasizes the necessity of breaking away from traditional R&D models. DP's innovative approach involves a suite of software for industry players, offering efficient solutions for discovering and developing products. The company's scientific computing platform facilitates simulations of physical properties, leading to faster and more cost-effective design processes for materials like semiconductors and batteries.DP's hybrid business models of Software as a Service (SaaS) and tailored services have garnered initial success in China. Expected to reach nearly 100 million yuan in contracts in 2023, DP now plans to expand into Western markets dominated by giants like DeepMind. Despite being the "poor kids" in terms of funding, DP has raised approximately $140 million from notable Chinese VC firms. Its international foray begins with the U.S., where it aims to establish an office and collaborate with partners to distribute its products and services.
As DP prepares for international expansion, potential challenges loom due to the ongoing U.S.-China decoupling, affecting various sectors, including scientific research. Despite geopolitical tensions, Sun remains confident in the resilience of science. DP's international strategy involves leveraging its open-source community, DeepModeling, and participating in trade shows to establish a foothold in a relatively "close-knit circle" of basic research. While uncertainties persist, DP Technology remains optimistic about its contributions to basic science and biopharmaceuticals being universally beneficial and inclusive.