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

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

Source: TechMeme
Source Link: http://www.techmeme.com/231017/p6#a231017p6