Wuwen Xinqiong completed nearly 500 million yuan in Series A financing and released new results of the AI Infrastructure Forum

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On September 2, Wuwen Xinqiong announced that it had completed nearly 500 million yuan in Series A financing. Since the company was founded, it has accumulated nearly 1 billion yuan in financing within 1 year and 4 months. This round of investment was jointly led by the Social Security Fund Zhongguancun Independent Innovation Special Fund (managed by Legend Capital), Qiming Venture Partners and Hongtai Fund. Follow-up investors include Lenovo Capital, Xiaomi, Softcom Hi-Tech and other strategic investors; state-owned funds such as China Development Bank Science and Technology Innovation, Shanghai Artificial Intelligence Industry Investment Fund (managed by Lingang Science and Technology Investment), and Xuhui Science and Technology Investment; as well as financial institutions such as Shunwei Capital, Dachen Capital, Detong Capital, Shangshi Capital, Senruo Yukun, Shenwan Hongyuan, and Zhengjing Capital. The Wuwen Xinqiong team originated from Tsinghua NICS-EFC Laboratory. At the World Artificial Intelligence Conference in July this year, it released its heterogeneous distributed hybrid training system for large-scale models, claiming that the computing power utilization rate of the thousand-calorie heterogeneous hybrid training cluster reached 97.6%.