2026-01-20 05:21:34

There are new developments in the domestic AI field. According to reports, a well-known AI company in the industry has recently reached a valuation of $4.8 billion in its latest financing round, an increase of $500 million from the $4.3 billion valuation in the C-round financing last month. This rapid growth within just one month highlights the hot market for funding.

The company's financial situation is also impressive—its cash reserves have surpassed 10 billion RMB, a figure that exceeds some of its publicly listed competitors. The management has stated that there is no timetable for an IPO at this moment. The current strategy is to focus resources on hardware upgrades and model development, aiming to achieve breakthroughs in trillion-parameter-level large models.

From market reactions, the enthusiasm for domestic AI in the primary financing market is noticeably higher than in the secondary market. With strong financial reserves and a clear technical roadmap, this company continues to ramp up its efforts in the domestic AI sector. The overall industry’s financing pace is accelerating, with several leading players competing for market dominance, and the technological competition in domestic AI is gradually heating up.

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NestedFox

· 9h ago

100 billion cash reserves instantly outshine a bunch of listed companies. This pace really can't be sustained anymore. Hardware upgrades plus model development—aiming for a trillion parameters sounds a bit crazy, but with the money in place, anything is possible. The primary market is so competitive; the time for going public will come sooner or later. Now pretending to be calm is just a delaying tactic. With such high financing enthusiasm, I actually feel there's some water down there. When everyone is throwing money around, it's often the most dangerous. The domestic AI arms race has started. Let's see who can truly break out.

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HashBrownies

· 16h ago

A valuation of 4.8 billion USD with a 500 million increase in one month—this pace is truly outrageous. Is the fundraising market crazy? A cash reserve of 10 billion RMB sounds impressive, but if you don't go public, how will you spend this money? There should be some limit to hardware stacking as well. The primary market is so hot, yet the secondary market remains cold. This signal is quite interesting to interpret... Is the intense competition in domestic AI really reliable, or is it just another round of capital frenzy? A trillion-parameter large model? Sounds impressive, but can it really produce something substantial in practice?

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GasFeeNightmare

· 16h ago

Seeing this number late at night almost kept me awake... $4.8 billion increased by $500 million in a month. This growth rate is even more terrifying than the rise I see on the gas tracker. Truly a wake-up call.

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PoolJumper

· 16h ago

100 billion RMB in cash, this is going all in to do big things A valuation increase of 500 million in a month, the financing market is really crazy No timetable for listing yet? Is this to take it slow or is there another deeper meaning Trillion-parameter models, sounds like a competitor to GPT The primary market is hot, the secondary market is cold, why is this gap so big? If this round of financing is invested in hardware R&D, can it really produce a blockbuster product? Can domestic AI competitions burn money to create a gap? This valuation growth rate is faster than the crypto world, it's a bit outrageous

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GasFeeCrybaby

· 16h ago

Another fundraising news to cut leeks... But speaking of 10 billion RMB in cash reserves, that's really impressive, richer than many listed companies. The goal of a trillion parameters sounds outrageous haha. The primary market is so competitive, should small retail investors buy the dip or stay away...

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WhaleStalker

· 16h ago

100 billion RMB cash reserves, this guy directly outshines many listed companies The primary market is going crazy, while the secondary market watches coldly—typical financing game Trillions of parameters? Come on, this is just burning money You can be so hyped without going public, capital really has a lot of idle funds With such a fast financing speed, can the technology keep up? Question mark Who is taking over this round of financing again? Another AI company aiming to change the world, let me watch first

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ThreeHornBlasts

· 16h ago

Another funding news, this round is quite fast. A 500 million increase in a month, feels a bit like hype...

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