Chinese AI firm 4Paradigm pockets $700m led by Boyu, Primavera, Hopu

Chinese AI firm 4Paradigm pockets $700m led by Boyu, Primavera, Hopu

Source: Andy Kelly/Unsplash

Chinese artificial intelligence (AI) giant 4Paradigm has raked in $700 million in a Series D round of financing jointly led by the country’s private equity (PE) companies Boyu Capital, Primavera Capital, and Hopu Investments, the firm announced in a statement on Friday.