Tsinghua-based AI company Wuwen Xinqiong has completed a 2.3 billion yuan Series C financing

Tsinghua-based AI infrastructure company Wuwen Xinqiong has completed a C round financing of 2.3 billion yuan, bringing the total financing to 4.3 billion yuan. The company was established in 2023, does not develop chips, nor does it build its own data centers. It integrates the computing power of different chips such as Huawei Ascend, NVIDIA, and AMD through software, providing large model training and inference services to customers.

Developers can directly call the models via API without needing to deploy them themselves. Bloomberg reported on October 1, citing informed sources, that Wuwen Xinqiong has secretly submitted a listing application to the Hong Kong Stock Exchange, with the earliest possible listing in the first half of 2027, and the pre-listing valuation is reportedly around 14.3 billion yuan.