AI and software
iFlytek科大讯飞
About the company
Speech AI and translation, born at the university
iFlytek taught machines to listen and speak. Today it builds its own language model, Spark (星火), trained on Chinese chips, and products such as AI glasses, e-ink notepads and translation devices. Education is its largest customer, followed by healthcare, cars and government.
iFlytek develops speech and language AI, including its Spark large language model, with products for education, healthcare, cars and businesses. Founded in 1999 by Liu Qingfeng, then a USTC PhD student, it is headquartered in the Hefei High-tech Zone. In 2025 revenue rose 16.1% to 27.1 billion yuan, of which 19.8% went into R&D. Education is its largest segment.
European headquarters in Budapest. For European partners, the GDPR and the AI Act matter, as does the fact that iFlytek has been on the US Entity List since 2019.
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Background: publicly reported collaborations (not confirmed on hefei.be)
- University of Science and Technology of China (USTC) · founded by a USTC team (1999)
- USTC Silicon Valley · co-owner of the USTC Silicon Valley platform company
- iFlytek Healthcare · subsidiary listed in Hong Kong
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