Cloud Tian Changxiang Completes Series E Financing Exceeding 1 Billion Yuan
Cloudsky has successfully closed a Series E funding round, securing over 1 billion RMB. The round was led by the China Internet Investment Fund, with participation from institutions like CICC Capital. The company announced a new strategic initiative called "The Real-Time Intelligence Fabric," aimed at preparing for the era of Artificial General Intelligence (AGI). AI
IMPACT This funding will likely accelerate Cloudsky's development of AI infrastructure, potentially impacting the pace of AGI development.