Baichuan Intelligent completed 5 billion yuan Series A financing

Baichuan Intelligent Technology Co., Ltd. has indeed recently completed its A round of financing, with a total financing amount of 5 billion yuan, and will start its B round of financing with a valuation of 20 billion yuan. The investors in the A round include Alibaba, Xiaomi, Tencent, Asia Investment Capital, CICC and other leading companies and market-oriented investment institutions, as well as state-owned industrial investment funds such as Beijing Artificial Intelligence Industry Investment Fund, Shanghai Artificial Intelligence Industry Investment Fund, and Shenzhen Capital Group.