On September 23, Interface News learned that Physical AI startup Xiyang Kaifu has completed continuous seed and angel round financing, with a cumulative financing amount of hundreds of millions of yuan, led by Dunhong Assets, followed by institutions such as China Holdings, Sanhua Holdings, Ginkgo Valley Capital, Zeran Capital, Benjian Fund, Shanghai Angels, and Standard Investment. According to the company's disclosure, it is currently valued at 500 million US dollars. It was founded in July of this year by Li Yin, the former CTO of HUAWEI CLOUD Big Model. According to the company's disclosure, Zhang Hanwang, the current Huawei multi-modal chief scientist, will be the co-founder and chief scientist of Xiyang Kaiwu. The company mainly develops the physics-based model LPM for physical intelligence scenarios such as robots.

On September 23, Interface News learned that Physical AI startup Xiyang Kaifu has completed continuous seed and angel round financing, with a cumulative financing amount of hundreds of millions of yuan, led by Dunhong Assets, followed by institutions such as China Holdings, Sanhua Holdings, Ginkgo Valley Capital, Zeran Capital, Benjian Fund, Shanghai Angels, and Standard Investment. According to the company's disclosure, it is currently valued at 500 million US dollars. It was founded in July of this year by Li Yin, the former CTO of HUAWEI CLOUD Big Model. According to the company's disclosure, Zhang Hanwang, the current Huawei multi-modal chief scientist, will be the co-founder and chief scientist of Xiyang Kaiwu. The company mainly develops the physics-based model LPM for physical intelligence scenarios such as robots.