On January 8th, Black Sesame Intelligence announced the attainment of a strategic investment intention from Summit View Capital and its industry collaborators, including Shanghai Hongqiao Town Investment Group. Spearheaded by Summit View Capital, this consortium of investors is set to furnish Black Sesame Intelligence with a substantial long-term strategic investment of 500 million yuan. This infusion of capital is earmarked to fuel the company's endeavors in investment, mergers and acquisitions, as well as ecological development within the burgeoning sectors of edge AI and embodied AI. Black Sesame Intelligence intends to channel these funds precisely towards the strategic positioning of its edge AI and embodied AI industrial chains. By leveraging investments, mergers and acquisitions, and other strategic maneuvers, the company aims to amalgamate premium resources, thereby expediting business growth and enhancing its market presence.