On December 29, Kunlun Yuan AI, a burgeoning startup dedicated to the research and development of comprehensive full-stack technologies for Artificial General Intelligence (AGI), proudly announced the successful closure of its angel round funding, raising RMB 30 million. This infusion of capital brings the company's post-money valuation to an impressive RMB 530 million.

The roster of investors in this pivotal funding round includes Aeonmed, a frontrunner in the medical equipment sector; Times Investment, an industrial investment arm of CRRC—a titan in the realm of high-end equipment manufacturing; and Jiusong Shanhe Fund, established by Guan Jinsheng, who is widely revered as the "Godfather of Chinese Securities."

The newly acquired funds will be strategically allocated to bolster research and development efforts surrounding its proprietary TransformerX architecture. Additionally, the company aims to forge deeper collaborative ties in crafting benchmark cases within strategic sectors such as healthcare and industry. Furthermore, Kunlun Yuan AI is poised to expedite its international expansion, leveraging the opportunities presented by the "Belt and Road" initiative.