Xiwang completes nearly 3 billion yuan financing for research and development of inference GPU

AI reasoning GPU chip company Xiwang announced that it has completed nearly 3 billion yuan in financing within one year. The investors include industry investors such as Huaxu Fund, Paradigm Intelligence, and Hangzhou Data Group under Sany Group, as well as VC/PE institutions such as IDG Capital, Gaorong Venture Capital, and Wuji Capital, and have received support from state-owned capital such as Chengtong Mixed Reform Fund. The funds will be used for the research and development, large-scale production, and ecological co construction of the next generation of inference GPU.