Six-month-old Chinese generative AI startup Baichuan enters unicorn club

Six-month-old Chinese generative AI startup Baichuan enters unicorn club

Artificial intelligence. Photo from Unsplash

Chinese artificial intelligence (AI) startup Baichuan Intelligent Technology has closed its Series A1 funding round at $300 million, with backing from technology giants including Alibaba Group, Tencent Holdings, and Xiaomi Corp, to join the coveted unicorn club.

Edited by: Pramod Mathew