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Baichuan Intelligence, Founded by Wang Xiaochuan, Completed US$300 Million in Financing, With Participation From Alibaba, Tencent, Xiaomi, Shenzhen Venture Capital, etc.

AI large model company Baichuan Intelligence announced today that it has completed the A1 round of strategic financing, with a financing amount of 300 million US dollars. Technology giants such as Alibaba, Tencent, Xiaomi, and many top investment institutions have participated in the investment. "The king of local VC" Shenzhen Capital is also one of the investors in this round.

With the 50 million US dollars of angel round, Baichuan Intelligence's financing amount has reached 350 million US dollars. It is reported that Baichuan Intelligence was established on April 10, 2023, by former Sogou CEO Wang Xiaochuan. Its core team is composed of talents from well-known technology companies such as Sogou, Google, Tencent, Baidu, Huawei, Microsoft, and ByteDance. 

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