A Former Top-Tier Executive Crew from Apple's NPU Places Their Stake on an Edge-Side General-Purpose Computing Platform, Amassing Nearly 1 Billion Yuan in Three Investment Rounds Led by Industry Giant
1 day ago / Read about 0 minute
Author:小编   

Recently, Yezhexin, a company specializing in edge-side AI computing infrastructure, has proudly declared the successful closure of its Pre-A funding phase. This significant round of financing was co-led by a consortium of esteemed investors, including Shenzhen Capital Group, Cowan Capital, TCL Capital, and CAS Star. It also witnessed the active participation of other notable entities such as Awinic Technology, Guokaichuang Investment, and Zhaohui Capital. Moreover, the round was marked by multiple instances of oversubscription from existing shareholders eager to increase their stakes. The freshly acquired capital will be strategically allocated towards the R&D of NPU software and hardware, the production and delivery of cutting-edge technologies, and the advancement of algorithm research, particularly in the realm of model compression.