Will's Blog: Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba (Bloomberg)

25 July 2024

Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba (Bloomberg)

Bloomberg:
Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba — - Baichuan joins MiniMax and Moonshot in getting Alibaba support — China seeks to counter US curbs by investing in emerging tech

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