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Chinese generative AI startup Baichuan, one of the first to win approval to release its LLMs, raised $300M from Alibaba, Tencent, Xiaomi, and others (Jane Zhang/Bloomberg)
Oct. 17, 2023, 9:05 a.m. |
Techmeme www.techmeme.com
Jane Zhang / Bloomberg:
Chinese generative AI startup Baichuan, one of the first to win approval to release its LLMs, raised $300M from Alibaba, Tencent, Xiaomi, and others — - Phone maker Xiaomi also participated in a $300 million round — Chinese AI investment is surging as tech firms join race
alibaba bloomberg chinese generative generative ai startup jane llms phone release startup tencent
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