Artificial intelligence chip company Lingchuan Technology has recently completed a 1 billion yuan Series B financing round. The funds will be used for next-generation chip R&D, mass production, and global market expansion. This round was jointly led by Yizhuang Guotou Yitang Shenghe Fund, Qiming Venture Partners, and Zhaohui Capital, with participation from multiple well-known investment institutions and industrial investors. Existing shareholders Shunxi Fund, Shuimu Investment Group, and Jiuzhi Capital also continued to increase their investments.