Xizhi Technology completes over 1.5 billion yuan in Series C financing.

Recently, photonic-hybrid computing power provider Xizhi Technology announced the completion of a C round financing exceeding 1.5 billion yuan. This round of financing attracted well-known investment institutions such as China Mobile, Shanghai Guotou, Guoxin Fund, and Pudong Venture Capital, with existing shareholders such as CAS Star, Yijing Capital, and a leading internet company continuing to increase their investments. "Large-scale photonic integration technology has reached a crucial stage of commercialization," said Shen Yichen, founder and CEO of Xizhi Technology. "We expect that within the next five years, the share of photon chips in intelligent computing centers will reach 30%. Xizhi Technology is driving the innovation of computing power infrastructure with disruptive bottom-up innovation, and this round of financing will accelerate the development of the company's core technology and the scale deployment of photonic-hybrid computing power."