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Baidu's Subsidiary Invests in Xihu Xincheng Technology
Published in Latest AI News
Time :Oct 17, 2023
Read :1minute
Xihu Xincheng Technology Co., Ltd. has recently undergone a business change, adding new shareholders, including Sanya Baichuan Zhixin Private Equity Investment Fund Partnership and Hangzhou Xihu Technology Venture Capital Partnership, both affiliated with Baidu. The company's registered capital has also increased from approximately 1.69 million RMB to about 2.28 million RMB. Established in July 2021, Xihu Xincheng Technology focuses on researching AI large model technology and collaborates with multiple research teams to explore the future of Artificial General Intelligence (AGI). Since its inception, the company has attracted investments from several well-known institutions.