On August 19, it was reported that Magic Core Technology for 4D world model development and application recently completed a new round of financing of 500 million yuan, with a valuation of nearly 4 billion yuan. Over the past 8 months, the company has completed 4 consecutive rounds of financing. Investors include Huawei Hubble, Shenzhen Venture Capital, Zhejiang Venture Capital, Lenovo Holdings, Fuhanwei, Xingrui Capital, Cheers Fund, Jingke Energy Holdings, SMIC Juyuan, Silicon Core Investment, and Jiewalt.

On August 19, it was reported that Magic Core Technology for 4D world model development and application recently completed a new round of financing of 500 million yuan, with a valuation of nearly 4 billion yuan. Over the past 8 months, the company has completed 4 consecutive rounds of financing. Investors include Huawei Hubble, Shenzhen Venture Capital, Zhejiang Venture Capital, Lenovo Holdings, Fuhanwei, Xingrui Capital, Cheers Fund, Jingke Energy Holdings, SMIC Juyuan, Silicon Core Investment, and Jiewalt.