Yizhu Technology Completes Multi-Hundred-Million RMB Financing to Drive AI Chip Innovation (October 15, 2024)
Yizhu Technology announced completion of multi-hundred-million RMB financing led by a renowned overseas fund with participation from Shengshi Technology and Xingzhi Capital. The funding will support ongoing development and innovation of AI compute chips and system solutions, focusing on overcoming the “memory wall” and “energy wall” for data centers, cloud computing, autonomous driving, and edge computing scenarios.
News Link: https://www.prnewswire.com/news-releases/pillar-biosciences-raises-34-5m-in-funding-302464445.html
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