On August 3, Big Model Company Xihu Xinchen announced that it has completed the B+ round of financing, with a financing amount of hundreds of millions of yuan, led by Guangfa Sinde, with the participation of various institutions such as West Lake Innovation Investment, Wuhan Dolphin Fund, Rongyi Investment, and Nantong Investment Management, with the participation of industrial capital such as Hunting and Hire Battle Investment, 58 Industrial Fund, etc., and the old shareholders Ant Group and Tom Cat provided full support. The financing will mainly be used for the continuous research and development of next-generation diffusion language models, in-depth iteration of its native multi-modal real-time interactive products, and further expansion of overseas markets.

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