Group 1 - The core viewpoint of the article highlights that Xizhi Technology has successfully completed a C-round financing of over 1.5 billion yuan, with participation from major investors including China Mobile and Shanghai Guotou [2] - Xizhi Technology, founded in Boston in 2017 and based in Shanghai, is recognized as a global unicorn in the photonic mixed computing sector, having developed its own platforms for photonic networks and computing [3] - The funds from the recent financing will be primarily allocated to three areas: accelerating the iteration and mass production of CPO photonic co-packaging technology, expanding the deployment scale of the LightSphere X super nodes, and investing in the development of the next-generation photonic mixed computing cards that support AI large models [4] Group 2 - The investment rationale is based on the recognition of the bottleneck in computing power in the post-Moore's Law era, with Xizhi possessing complete self-research capabilities in photonic and electronic chips and system-level packaging, which positions the company as a key player in defining the next generation of computing infrastructure [5] - The investment community has noted the supportive policies from the National Development and Reform Commission and the Ministry of Industry and Information Technology regarding photonic chip advancements, as well as the rapid response from the Shanghai Pudong "14th Five-Year" special funds to meet enterprise needs [6]