Xiaomi Changjiang Industrial Investment Fund led a Series C funding round in Black Sesame Technologies, an AI digital imaging technology firm at a $2bn valuation. Additional investors include FulScience Automotive Electronics, Wingtech Technology, SummitView Capital, and FutureX Capital. "It is now valued at nearly $2bn after the strategic round and C round, and now has officially become a “unicorn”," Black Sesame Technologies.