Wisdom Spectrum has successfully secured a strategic investment of RMB 1 billion from Shanghai State-owned Assets during its intensive initial public offering (IPO) preparations. Pudong Venture Capital Group and Zhangjiang Group have finalized the initial funding tranche. Concurrently, Wisdom Spectrum is partnering with Shanghai Instrument and Electronics and Shanghai Pudong Development Bank Group to develop a novel infrastructure for artificial intelligence, with the objective of accelerating the efficient deployment and fostering the sustainable growth of AI technology.