4Paradigm has now won backing from Tsinghua University Science Park for its technology, which helps clients build AI apps for purposes including financial services.

China-based artificial intelligence software development tool creator 4Paradigm has received more than RMB1bn ($145m) in a series C round backed by Tsinghua University’s Science Park, Pandaily reported yesterday. The round featured government-owned banks Agricultural Bank of China and Bank of Communications as well as power producer China Three Gorges and holding groups Citic Group and…

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