Large model company Westlake Xinchen completes B+ round of financing worth hundreds of millions of yuan

Westlake XinChen, a diffusion language model provider, recently completed its Series B+ financing round, raising hundreds of millions of yuan. The round was led by GF Securities, with participation from Westlake Innovation Investment, Wuhan Jiangtun Fund, and other institutions, as well as industrial capital such as 58 Industry Fund and existing shareholders Ant Group and Talking Tom. The funds will primarily be used for the research and development of next-generation diffusion language models, iteration of native multimodal real-time interactive products, and expansion into overseas markets.