China's AI Sector Received Over 110 Billion Yuan in Funding in the First Quarter, with Skyrocketing Investment in Domestic Large Models

BlockBeats News, May 24th. Recently, the artificial intelligence venture capital market has heated up. In May, domestic large AI models such as the Dark Side of the Moon and Step Sky have secured over 30 billion yuan in funding. Embodied intelligence has also attracted market attention, with companies like Wevity Dynamics and Lu Ming Robotics consecutively raising billions of yuan in a week. According to some venture capital firms, there were nearly 600 financing deals in the field of artificial intelligence in China in the first quarter, with a total amount exceeding 110 billion yuan, a year-on-year surge of 185.4%.

After receiving funding, many AI startups have allocated their funds to three main areas. First is research and development, with top large model companies planning to invest tens of billions in R&D by 2025, far exceeding their current revenue. Second is computing power, with GPU purchases and cloud service rentals accounting for 30% to 50% of the financing amount. Third is attracting top global talent and teams. With more investment in R&D, technological iteration accelerates. By 2026, the iteration cycle of large model enterprises in China has generally been shortened to less than 3 months, the cost of AI inference has also significantly decreased, and the commercialization process continues to deepen. (CCTV Finance)