Domestic inference GPU manufacturer Xiwang secures over 1 billion yuan in funding

April 20th, domestic full-stack self-developed AI inference GPU company Sunrise announced the completion of a new round of financing exceeding 1 billion RMB.
Since its spin-off from SenseTime over a year ago, Sunrise has completed a total of seven funding rounds, with a total financing amount of about 4 billion RMB, and an overall valuation exceeding 100 billion.
The funds from this round will mainly be used for the mass production and delivery of the new generation S3 inference GPU, the construction of a full-stack software ecosystem, and the R&D iteration of subsequent chips S4/S5.
(First Financial)

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