On March 6th, Open Source China (Open Source Consensus (Shanghai) Network Technology Co., Ltd.), a leading enterprise in the open-source technology ecosystem, announced the completion of hundreds of millions of yuan in Series C financing. This round of financing was led by Beijing Information Industry Development Investment Fund (Beijing Information Industry Fund), with Shenzhen Special Zone Daily Equity Investment Fund (Shenzhen Special Zone Daily) and Beijing Shanghe Momentum Private Equity Fund (Shanghe Momentum) following suit. Index Capital acted as the financial advisor. The funding will be used to deepen its AI strategy, expand its product matrix, promote intelligent solutions with software and hardware synergy, and facilitate the implementation of AI in industrial fields. Founder and Chairman

According to Reuters, citing sources and a report by The Information, SoftBank CEO Masayoshi Son is reportedly planning to borrow $160 billion for investments in artificial intelligence (AI). The report states that company executives confirmed this intention during talks with banks last week. This move signals SoftBank's continued expansion in the AI sector, particularly amid intensifying global tech competition. Beyond the planned $160 billion, SoftBank is projected to have...

On February 24, LiblibAI announced it has completed four rounds of financing within just one year, setting a new record for the speed of financing in the domestic AI application sector. Following hundreds of millions in financing disclosed in July 2024, LiblibAI has successfully secured hundreds of millions again. The latest two rounds of financing were led by Yongce Capital and Shunwei Capital, with existing shareholders like Ming Shi Venture Capital also participating heavily.

On February 20, 2024, in response to market rumors that 'AI company DeepSeek is preparing for its initial public financing', the 'Science and Technology Innovation Board Daily' reported that these rumors are all false information, stating that 'the financing matter is purely a rumor.' Recently, as the generative AI sector continues to heat up, many Chinese AI startups have reported financing activities. Companies such as Moonlight's Dark Side and Minimax have consecutively reported financing news with valuations exceeding $1 billion, sparking significant market attention towards investment trends in the AI field. In this context, the focus remains on AI fundamental research and applications.

Recently, SoftBank Group's founder Masayoshi Son, accompanied by former US President Donald Trump, officially launched an artificial intelligence project named the 'Gateway to the Stars.' This initiative is expected to invest over $500 billion, aiming to build multiple data centers and related infrastructure. Facing such a massive funding requirement, Masayoshi Son is actively seeking suitable financing methods. Reports indicate that SoftBank is currently considering a financing approach known as project financing, which is commonly seen in the oil and gas sector and can support the construction of large infrastructure projects.

Recently, the AI company SBot announced the completion of a new round of financing, amounting to 500 million RMB. The participants in this round of financing include well-known industrial funds, state-owned platform investments, and various private equity funds. The infusion of this capital will further promote SBot's rapid development in smart terminals and industry applications. Image source note: The image generated by AI is authorized by the service provider Midjourney. It is understood that the success of this financing is mainly due to the company's scalable commercial capabilities in end-side application scenarios, as well as its advancements in large model human-computer dialogue technology.

Recently, Yingmou Technology announced the completion of a Series A financing round of several million dollars, attracting widespread attention in the industry. This financing was jointly led by Meituan Longzhu and ByteDance, with existing shareholders Sequoia China Seed Fund and Qiji Chuangtan also participating actively, while Guangsou Capital acted as the exclusive financial advisor. This infusion of funds will provide strong support for Yingmou Technology in the research and commercialization of 3D large models. Founded in 2020 by a group of young people with an average age of only 24, the team members include Wu Di and Zhang Qixuan.

Against the backdrop of the global generative AI wave in 2022, YuanShi Intelligence (RWKV) completed tens of millions of RMB in angel round financing in December 2023, with investment from Tianji Capital. Following this financing, the company’s valuation doubled, and the funds will be used for team expansion, new architecture development, and product commercialization. The emergence of RWKV presents a strong challenge to the traditional Transformer architecture. With the advancement of large language models (LLMs), although the parameter scale of models is becoming increasingly large, issues like hallucination and accuracy persist.