Shenzhen Yuanshi Intelligent Co., Ltd. recently announced that it has completed an angel round financing of tens of millions of RMB on December 25, 2024, with investment from Sky Capital. This financing will accelerate Yuanshi Intelligent's pace in ecological development, enhancing technological strength, and launching AI applications aimed at consumers.
Founded in June 2023, Yuanshi Intelligent is a high-tech enterprise focused on large model architecture and AI application research and development. With its innovative technology and clear development strategy, the company continues to attract interest from the capital market. Prior to this financing, Yuanshi Intelligent completed a seed round financing led by Qiji Chuangtan in January 2024, showcasing its strong momentum and market potential in the field of artificial intelligence.
The funds from this round of financing will be primarily used to accelerate the evolution of the RWKV new architecture, including improving model performance, efficiency, and stability, expanding the R&D team, exploring multimodal integration, and promoting model lightweighting and edge deployment. Additionally, the company will develop more consumer-oriented AI applications and support ecological development, including building a developer community, empowering industry collaboration, and partnering with universities, research institutions, and open-source communities.
The latest RWKV-7 architecture launched by Yuanshi Intelligent employs a dynamic state evolution mechanism, surpassing traditional attention/linear attention paradigms, with powerful contextual learning capabilities and true continuous learning abilities. RWKV-7 maintains 100% RNN characteristics while possessing strong long-text processing capabilities, making it adept at handling complex text processing tasks.