Full stack self-developed artificial intelligence computing chip enterprise Xiwang completes nearly 1 billion yuan financing with participation from Youzu Network.

On July 18, domestic full-stack self-developed artificial intelligence computing power chip company Sunrise announced the completion of a new round of financing of nearly 1 billion yuan. This round of financing was participated by well-known investment institutions such as Sanhua Fund under Sany Group, Fourth Paradigm, Youzu Network, Beijing Lier, Songhe Capital, Haitong Kaiyuan, etc. The funds from this round of financing will be mainly used for product research and development, market expansion, and team building, further consolidating Sunrise's leading position in the domestic high-end GPU field.