Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round

Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round

Photo: Reuters

Chinese generative artificial intelligence (AI) startup Baichuan Intelligent Technology has raised 5 billion yuan ($691.4 million) in a Series A funding round, as the firm expands the use cases of its large language models (LLMs) amid intense domestic competition. 

Edited by: Padma Priya