Baichuan’s Billion-Dollar Valuation: Alibaba and Tencent Enter the AI Fray
AsiaTechDaily
OCTOBER 17, 2023
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Baichuan , a Chinese AI startup, has successfully secured $300 million in financing, with Alibaba Group Holding Ltd., Tencent Holdings Ltd., and Xiaomi Corp. leading the investment. This funding round is said to be a prominent investment in the Chinese AI industry, as startups like Baichuan plan to capitalize on the growing demand for ChatGPT-like services.
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