Tsinghua-affiliated AI company Wuwenxinqiong completes nearly RMB 500 million Series A financing, with investors including Lenovo Capital and Xiaomi

No Question Core DomeAnnounced today,Completed nearly RMB 500 million Series A roundFinancing, it has completed nearly 1 billion yuan in financing within 1 year and 4 months of its establishment.

The co-lead investors in this round of financing are the Social Security Fund Zhongguancun Independent Innovation Special Fund (managed by Legend Capital), Qiming Venture Partners and Hongtai Fund.

Follow-up investors include strategic investors such as Lenovo Capital, Xiaomi, and Softbank; state-owned funds such as China Development Bank Science and Technology Innovation Fund, Shanghai Artificial Intelligence Industry Investment Fund (managed by Lingang Science and Technology Investment), and Xuhui Science and Technology Investment; as well as financial institutions such as Shunwei Capital, Dachen Capital, Detong Capital, Shangshi Capital, Senruo Yukun, Shenwan Hongyuan, and Zhengjing Capital.

Tsinghua-affiliated AI company Wuwenxinqiong completes nearly RMB 500 million Series A financing, with investors including Lenovo Capital and Xiaomi

Wuwen Core TeamOriginated from Tsinghua NICS-EFC LaboratoryFounded in 2008, the laboratory is called “Nanoscale Integrated Circuits and System Lab, Energy Efficient Computing Group” and focuses on the field of electronic engineering. The leader of the laboratory is Wang Yu, the founder of Wuwen Xinqiong and the director of the Department of Electronics at Tsinghua University.

In July this year, Wuwen Xinqiong released the Wuwen Xinqiong large-scale model heterogeneous distributed hybrid training system at the AI Infrastructure Forum of the World Artificial Intelligence Conference.The computing power utilization rate of the Qianka heterogeneous hybrid training cluster reached a maximum of 97.6%.

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