Kunlun Core Company Completes Series C Financing

Kunlun Core (Beijing) Technology Co., Ltd. has completed its C round of financing. The amount of financing has not been disclosed. Institutions participating in the investment include Beijing Artificial Intelligence Industry Investment Fund and Legend Capital. Kunlun Core is an AI chip company with deep accumulation in architecture, chip implementation, software system and scenario application. In April 2021, Kunlun Core completed independent financing with a first-round valuation of approximately 13 billion yuan. Kunlun Core was formerly Baidu's Intelligent Chip and Architecture Department, and has been deeply involved in the field of AI acceleration in actual business scenarios for more than ten years.