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2024-09-04 17:48:44
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New Favorite in Computing Power Operations? Tsinghua-backed AI Unicorn 'Wuwen Chip Quasar' Secures Over 1 Billion in Financing
Wuwen Chip Quasar, an AI startup established just over a year ago, recently secured nearly 500 million in Series A financing, bringing its total financing to over 1 billion, making it the king of financing in the AI infrastructure sector. Its shareholders include state-owned assets, local funds, and notable venture capital institutions such as Shunwei Capital and Dacheng Financial Intelligence. One of the founders, Wang Yu, is the head of the Department of Electronics at Tsinghua University, and many team members have Tsinghua backgrounds with rich research experience. In 2016, DeepInsight Technology, incubated by Tsinghua NICS-EFC Laboratory, was acquired by Xilinx for 300 million.