Ruilai wisdom completed a round of financing of more than 300 million yuan and made efforts to build safe AI infrastructure

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On October 28, Beijing Ruilai Smart Technology Co., Ltd. (hereinafter referred to as “Ruilai smart”) announced that it had completed a round of financing of more than 300 million yuan, with investors including ant group, Datai capital, koala fund and other institutions. It is reported that Ruilai wisdom has just completed the pre-A round of financing of tens of millions of dollars by the end of 2020, which is invested by the former master fund, Datai capital and cornerstone capital, and followed by the old shareholders Zhuoyuan capital and Songhe capital.
So far, Ruilai wisdom has completed four rounds of financing with a valuation of billions of yuan. It is reported that this round of financing will be used to continue to increase the R & D investment in safe and controllable artificial intelligence infrastructure platform products such as AI security and privacy computing, further deepen the strategic layout and strengthen team construction, and promote the implementation of large-scale scenarios.