RealAI's latest valuation is in the billions, with more than 300 million yuan of Series A financing, invested by Ant Group

Recently, Ruilai Wisdom RealAI announced the completion of more than 300 million yuan A round of financing, investors include Ant Group, Datai Capital, Koala Fund and other institutions.

So far, RealAI has completed four rounds of financing, with a valuation of billions of yuan. At the end of last year, it just completed tens of millions of dollars of Pre-A round of financing, which was invested by Qianhai Fund of Funds, Datai Capital and Cornerstone Capital, and followed by old shareholders Zhuoyuan Capital and Songhe Capital.

It is reported that this round of financing will be used to continue to increase investment in research and development of safe and controllable artificial intelligence infrastructure platform products such as AI security and privacy computing, while further deepening strategic layout, strengthening team building, etc., and promoting the landing of large-scale scenarios.

Incubated by the Institute of Artificial Intelligence of Tsinghua University in July 2018, RealAI is a provider of secure and controllable ARTIFICIAL intelligence infrastructure and solutions.

The team is jointly appointed by Zhang Cymbal, academician of the Chinese Academy of Sciences, and Zhu Jun, professor of the Department of Computer Science of Tsinghua University, as the chief scientist, and Tian Tian, ph.D., of the Department of Computer Science of Tsinghua University, is the CEO, and the whole team accounts for more than 30% of the doctors, accumulating more than 100 intellectual property rights and nearly 50 authorized invention patents.

According to the official introduction, RealAI has landed in the fields of government affairs, finance, energy, and the Internet, serving dozens of large enterprises and institutions including PetroChina, China Power Construction, State Grid, and Shanghai Pudong Development Bank.

The investment department of Ant Group believes that with the accelerated development of the large-scale construction and application of global artificial intelligence, ensuring that technology is "safe, reliable and credible" has become the most important trend in the future development of artificial intelligence. As one of the earliest entrants, Rayleigh Wisdom has conducted in-depth research on Bayesian theory and AI model confrontation, won a number of international competition championships, has leading scientific research achievements and unique first-mover advantages, and is committed to improving user security and experience through artificial intelligence and privacy protection technology on the application side. We believe that with leading experience in technology, product and business innovation, Ruilai Wisdom will play an increasingly important leading role in the future industrial transformation and promote the new wave of artificial intelligence industry.