Baidu and others invest in AI company Westlake Xinchen

Tianyancha information shows that recently, Xihu Xinchen Technology Co., Ltd. has undergone industrial and commercial changes, with new shareholdersBaiduIts subsidiaries include Sanya Baichuan Zhixin Private Equity Investment Fund Partnership, Hangzhou West Lake Technology Venture Capital Partnership, etc. At the same time, the company's registered capital increased from approximately RMB 1.69 million to approximately RMB 2.28 million.

According to the information, West Lake Xinchen Technology Co., Ltd. was established in July 2021. Its legal representative is Chen Yanling. Its business scope includes artificial intelligence application software development, information technology consulting services, social and economic consulting services, consulting and planning services, etc. According to the official website, West Lake Xinchen is committed to the exploration and research of AI large model technology, and cooperates with multiple research teams to exploreAGIfuture.

It is understood that since its establishment, West Lake Heart has attracted investments from many well-known institutions, including Tom Cat, BlueRun Ventures, BV Baidu Ventures, Kaitai Capital, West Lake Science and Technology Ventures, and West Lake Education Fund Sustainable Development Platform. In July this year, West Lake Heart announced that it had received strategic investment from Tom Cat, with an investment amount of more than 100 million yuan.

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