Baichuan Intelligence completes a new round of financing worth hundreds of millions of dollars

Recently, there have been reports that Baichuan Intelligence has completed a new round of financing of hundreds of millions of dollars, which is expected to be one of the largest financings in China's AI field in 2024. The company's valuation has exceeded 1.8 billion US dollars this year. Although Baichuan Intelligence said that there are errors in the report, if the financing is successful, it will become another Tsinghua-affiliated large model company to join the 10 billion valuation club.