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Alibaba, Tencent Join Funding for Chinese AI High-flyer Baichuan

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Oct. 17, 2023, 7:23 a.m. | Jane Zhang

Bloomberg Technology bloomberg.com

Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have joined a $300 million financing for Baichuan, one of scores of Chinese AI startups hoping to capitalize on a surge of interest in developing ChatGPT-like services.

ai startups alibaba chatgpt chinese financing funding hkg:700 join nys:baba services startups tencent

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