Following the phenomenon level dissemination and industrial effects of the "Six Little Dragons" in Hangzhou, the "Five Little Phoenixes" in Hangzhou have recently received attention again: Guanxi, Datawhale, WaytoAGI, TGO Kunpeng Club, Sibo and other five AI community-based enterprises, with the core of building a talent and industry connection ecosystem, effectively complementing the "Six Little Dragons" that focus on hard technology. Datawhale connects more than 3500 university networks, WaytoAGI has accumulated 9 million users, and Sibo has gathered 10 million developers... From the takeoff of the "Six Little Dragons" to the incubation of the "Five Little Phoenixes", it marks the acceleration of the construction of the artificial intelligence industry ecosystem in Hangzhou: there is a high degree of vertical breakthroughs and vertical breakthroughs, as well as a density of shrubs and horizontal spread. Its synergy promotes a virtuous cycle of AI technology and AI applications, driving Hangzhou to continue to rise to a high ground and form advantages in this cutting-edge field. Artificial intelligence is an important driving force for the new round of technological revolution and industrial transformation. It can be said that in the current competition for future competitive advantages, a city needs to deeply grasp the opportunities of artificial intelligence in the tide of sailing against the current, and look upstream and downstream to find its own role positioning. As a result, many cities are pondering and asking why it is Hangzhou. In fact, just as many cities have seized opportunities in semiconductors, new energy, quantum technology, and other fields in recent years to accelerate development, Hangzhou's frequent progress in the field of AI is also rooted in a common and simple logic - the "Five Little Phoenixes" are another string of fruits grown on this logical vine. ——Cultivate commercial civilization. Commercial civilization may seem abstract, but in reality, it silently nourishes things and contains astonishing power. Hangzhou is located in a highland of commercial civilization: from the booming private economy since the reform and opening up, to seizing the opportunities of the Internet economy, and then to seizing the opportunities in the field of artificial intelligence, Zhejiang has been brewing a strong atmosphere of advocating commerce, entrepreneurship and innovation, and internal motivation. Numerous "small flames" are looking for business opportunities here. In recent years, the "New Four Entrepreneurial Armies" in Zhejiang Province - Zhejiang University, Alibaba, Zhejiang Business, and Overseas Returnees - have continued to grow, forming the backbone of the Zhejiang business community. Behind the "Six Little Dragons" and "Five Little Phoenixes" in Hangzhou, there is a clear shadow of them. At present, more than 300 listed companies have been founded or held key positions by alumni of Zhejiang University, with efficient linkage and complementarity between academia and the market, as well as mutual causality with business civilization. Compared to the "Six Little Dragons", the characteristics and advantages of the "Five Little Phoenixes" lie not in breakthroughs in hardcore technology, but in innovative applications that are grounded and connected to reality. This type of innovation is rooted in a strong business atmosphere, fully stimulating market vitality and creativity at the micro level, and catalyzing chemical reactions between technology and industry. Therefore, in order to better embrace the technological revolution and industrial transformation, it is necessary to cultivate commercial civilization, fully understand its important connotation as modern civilization, and continuously improve the commercial touch of elements from multiple dimensions such as system and education. ——Grasp the laws of the industry. From the development practices in many regions in recent years, it can be seen that breakthroughs in technology and the rise of industries in a certain area may be influenced by innate and accidental factors, but the intentional actions of "capable hands" cannot be ignored. Looking towards the future, whether the focus of local economic policies is in line with industrial laws will determine whether they can seize the opportunity and bear fruit. The rapid development of artificial intelligence in Hangzhou cannot be separated from the early layout and rapid aggregation of AI elements, especially the firm layout of talent as the "first resource". Taking Hangzhou's "Five Little Phoenixes" as an example, they integrate into the AI ecosystem by connecting talents, and these five companies themselves are the result of the gathering of AI talents in Hangzhou. For example, since 2019, Hangzhou has implemented a solid high-level talent recognition system, which has supported its continuous ranking among the top in the country in terms of net inflow of various talents and college students; There is a shortage of "artificial intelligence trainers", and Hangzhou organized early training and certification for this, with a current number of nearly 20000 people. A profound understanding of industrial laws also supports the foresight and determination of economic decision-making. The economy has cycles and industries have fluctuations, making it difficult to reap overnight. But as long as the direction is right, flowering and fruiting are only a matter of time. Currently, facing the opportunities and challenges of a new round of technological revolution and industrial transformation, it is particularly important for various regions to accurately understand their own factor endowments and potential space, based on and developing their advantages, accumulate over time, and be willing to do difficult but correct, slow and long-term things. ——Iterative professional services. The business environment 'multiplies' to reduce the burden and increase efficiency for business entities. Over the years, the construction of business environment in various regions has roughly gone through three stages: from standardizing law enforcement and eliminating "taking advantage of others", to providing preferential policies and speeding up administrative approval, and then to focusing on the forefront of science and technology innovation, iterating professional service capabilities, and doing what the government can do but what enterprises find difficult to do. To accelerate the development of artificial intelligence, professional services provided by the government are particularly crucial, including establishing government investment funds to firmly establish the direction of AI, gathering resources, organizing computing power, algorithms, data and other elements to build the "four beams and eight pillars" of AI development, expanding the entire industry chain, opening up application scenarios, and supporting the accelerated formation of the AI ecosystem. The "Five Little Phoenixes" of Hangzhou are taking the lead in these professional services with light equipment. In 2025, they will concentrate on settling in the "China Cloud Valley" of the West Hangzhou Science and Technology Innovation Corridor, gathering many elements and services to support Hangzhou in building the "first city for artificial intelligence innovation and development in China". The common challenges encountered in the development of AI enterprises here have become the "greatest common divisor" issue, which has become an important part of the government's efforts to improve the business environment and iterate professional services. (Looking into the New Era)