Wuwen Xinqiong raises 2.3 billion yuan in Series C, 4.3 billion yuan total

Wuwen Xinqiong has closed a Series C round of 2.3 billion yuan, bringing its total funding to 4.3 billion yuan, a record for China's AI-native infrastructure sector. The company says it adapts 16 chip platforms, from Nvidia and AMD to Huawei Ascend, serving 37,000 P of compute. It reports that its large-model service platform's daily token usage grew more than 40 times in half a year.