ModelBest

FaceWall AI is an enterprise specializing in artificial intelligence large-model innovation and practical applications, aiming to create safe, inclusive general AI for businesses.

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ModelBest and OpenBMB release the **MiniCPM-OCR series**, a set of open-source models designed for high-performance document parsing and AI-driven quality assessment. The tools aim to streamline document processing workflows by combining efficiency with automated validation. This initiative aligns with the growing demand for accessible, high-accuracy OCR solutions in industries reliant on structured data extraction.

Oct 2026PR NewswireNews article

ModelBest and OpenBMB introduce **MiniCPM-V 4.7**, a 35B-parameter multimodal Mixture-of-Experts (MoE) model optimized for on-device use. The model supports image, document, and video processing on edge devices with as little as **3GB of memory**, expanding accessibility for AI applications on phones and tablets. Two versions—**35B-A3B** and **1B**—are available under an open-source license.

Oct 2026Yahoo FinanceNews article

ModelBest, an AI startup partnered with Samsung and Huawei, begins its pre-IPO preparation for a mainland China listing. The company focuses on developing compact AI models designed to operate locally on devices such as smartphones, laptops, and vehicles. Demand for such localized AI solutions is rising in the market.

Aug 2026South China Morning PostNews article