Against the backdrop of the global generative AI wave in 2022, YuanShi Intelligence (RWKV) completed tens of millions of RMB in angel round financing in December 2023, with investment from Tianji Capital. Following this financing, the company’s valuation doubled, and the funds will be used for team expansion, new architecture development, and product commercialization. The emergence of RWKV presents a strong challenge to the traditional Transformer architecture. With the advancement of large language models (LLMs), although the parameter scale of models is becoming increasingly large, issues like hallucination and accuracy persist.

Yuanshi Intelligence Co., Ltd. in Shenzhen recently announced that it has completed tens of millions of RMB in angel round financing on December 25, 2024, with Tianji Capital as the investor. This financing will accelerate Yuanshi Intelligence's efforts in ecological development, strengthening technological capabilities, and launching AI applications targeting end consumers. Founded in June 2023, Yuanshi Intelligence is a high-tech enterprise focusing on the research and development of large model architectures and AI applications. With its innovative technology and clear development strategy, the company has continuously attracted the favor of the capital markets. Prior to this financing, Yuanshi Intelligence had

Weitu AI has announced the completion of its angel round financing with a valuation of 100 million USD. The round was co-led by a global Internet technology company with hundreds of millions of monthly active users and a renowned angel investor. The team consists of talents who graduated from prestigious North American universities and have experience working in major global companies. They focus on the development of AI products driven by multimodal large models, aiming for a smarter and more convenient user experience. They are currently collaborating with Internet technology companies and smartphone manufacturers to drive innovation in new AI applications.

Hong Kong startup Weitu AI announced the successful completion of its angel round financing, with a valuation reaching 100 million USD. Investors include internet technology companies with hundreds of millions of monthly active users and renowned angel investors. The Weitu AI team possesses full-stack capabilities and focuses on intelligent interaction methods, closely collaborating on products for both B-end and C-end markets. The company emphasizes that new interaction demands will be applied to intelligent systems, providing users with smarter and more convenient artificial intelligence products.