AI model startup Hypersphere raises hundreds of millions of RMB in angel funding

Shenzhen-based AI startup Hypersphere Technology has raised hundreds of millions of RMB in angel funding, according to an October 26 report. Investors included Legend Capital, CAS Star, SenseTime Guoxiang Capital and WestSummit Capital. The company was founded by Chinese University of Hong Kong professor Weiyang Liu and focuses on developing next-generation foundation models.