Hangzhou-based technology company Xingyun Technology establishes intelligent chip company with AI business.

According to the Enterprise Check app, Hangzhou Xingyun Technology Intelligent Chip Co., Ltd. was recently established with a registered capital of 50 million RMB. Its business scope includes: integrated circuit design; integrated circuit chip design and services; sales of artificial intelligence hardware; integration services for artificial intelligence industry application systems. According to equity penetration data from Enterprise Check, the company is wholly owned by Xingyun Technology.