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China
Zhongguo
中国
artificial
rengong
人工
intelligence
zhineng
智能
startups
chuchuang qiye
初创企业
fundraising
rongzi
融资
hits record high
chuang lishi xingao
创历史新高
。

2026
2026
2026
year
nian
年
first
di
第
one
yi
一
quarter
jidu
季度
，
China
Zhongguo
中国
artificial
rengong
人工
intelligence
zhineng
智能
field
lingyu
领域
fundraising
rongzi
融资
achieved
chuang
创
new high
xingao
新高
，
became
chengwei
成为
global
quanqiu
全球
fundraising
rongzi
融资
of
de
的
important
zhongyao
重要
driving force
qudongll
驱动力
。

March 31, 2026 at 8:00 AM

according to
genju
根据
latest
zuixin
最新
data
shuju
数据
，
China
Zhongguo
中国
in
zai
在
2026
2026
2026
year
nian
年
1
1
1
month
yue
月
to
zhi
至
3
3
3
month
yue
月
during
qijian
期间
，
artificial
rengong
人工
intelligence
zhineng
智能
field
lingyu
领域
of
de
的
fundraising
rongzi
融资
rounds
lunchi
轮次
reached
da
达
72
72
72
instances
chang
场
，
fundraising
rongzi
融资
amount
jinejin
金额
reached
da
达
521
521
521
100 million
yi
亿
US dollar
meiyuan
美元
，
compared to
xiangbi
相比
last year
qunian
去年
same period
tongqi
同期
increased
zengzhang
增长
143 percent
143%
143%
。
two
liang
两
companies
jia
家
China
Zhongguo
中国
AI
AI
AI
foundational
jichu
基础
model
moxing
模型
company
gongsi
公司
Z.ai
Z.ai
Z.ai
and
he
和
MiniMax
MiniMax
MiniMax
in
zai
在
Q1
Q1
Q1
during
qijian
期间
in
zai
在
Hong Kong
Xianggang
香港
listed
shangshi
上市
，
valuation
guZhi
估值
both
jun
均
exceeded
chaoguo
超过
60
60
60
100 million
yi
亿
US dollar
meiyuan
美元
。
China
Zhongguo
中国
government
zhengfu
政府
adopted
caiyong
采用
CL
le
了
unique
dute
独特
of
de
的
artificial
rengong
人工
intelligence
zhineng
智能
development
fazhan
发展
strategy
zhanlue
战略
。
unlike
yu
与
United States
Meiguo
美国
primarily
zhuyao
主要
relies on
yikao
依靠
venture
fengxian
风险
investment
touzi
投资
different
butong
不同
，
China
Zhongguo
中国
fully
chongfen
充分
leveraged
fahui
发挥
government
zhengfu
政府
of
de
的
role
zuoyong
作用
，
established
jianli
建立
venture
fengxian
风险
funds
jijin
基金
。
global
quanqiu
全球
scope
fanwei
范围
within
nei
内
，
2026
2026
2026
year
nian
年
Q1
Q1
Q1
of
de
的
startup
chuchuang
初创
companies
qiye
企业
funding
rongzi
融资
total amount
zongejin
总额
reached
da
达
3000
3000
3000
100 million
yi
亿
US dollar
meiyuan
美元
，
created
chuangzao
创造
CL
le
了
historical
lishi
历史
most
zui
最
high
gao
高
record
jilu
纪录
。
China
Zhongguo
中国
of
de
的
artificial
rengong
人工
intelligence
zhineng
智能
core
hexin
核心
industry
chanye
产业
in
zai
在
2025
2025
2025
year
nian
年
already
yi
已
exceeded
chaoguo
超过
1.2
1.2
1.2
trillion
wanyi
万亿
yuan
yuan
元
，
related
xianguan
相关
companies
qiye
企业
number
shuliang
数量
exceeded
chaoguo
超过
6200
6200
6200
companies
jia
家
。
experts
zhuanjia
专家
believe
renwei
认为
，
China
Zhongguo
中国
in
zai
在
artificial
rengong
人工
intelligence
zhineng
智能
field
lingyu
领域
of
de
的
investment
touzi
投资
and
he
和
innovation
chuangxin
创新
will
jiang
将
continue
jixu
继续
accelerate
jiasu
加速
。

New Words

rongzi
融资
fundraising
lunchi
轮次
rounds
jichu moxing
基础模型
foundational model
shangshi
上市
to list
guZhi
估值
valuation
zhanlue
战略
strategy
fengxian touzi
风险投资
venture capital
chuchuang qiye
初创企业
startup company
hexin chanye
核心产业
core industry
chuangxin
创新
innovation

News in English

Business

China AI Startup Funding Hits Record High in Q1 2026

In Q1 2026, Chinese AI startup fundraising reached record highs, becoming an important driver of global funding.

According to latest data, during January to March 2026, China's AI field fundraising reached 72 rounds with total funding of $52.1 billion, representing 143% growth compared to the same period last year.

Two major Chinese AI foundational model companies Z.ai and MiniMax listed on Hong Kong exchanges during Q1, both with valuations exceeding $6 billion each.

China adopted a unique artificial intelligence development strategy. Unlike the United States' primarily venture capital reliance, China fully leveraged government role and established venture funds.

Within global scope, Q1 2026 startup enterprise fundraising totaled $300 billion, creating a historical record.

China's core AI industry exceeded 1.2 trillion yuan in 2025, with related companies exceeding 6,200 enterprises.

Experts believe China's investment and innovation in artificial intelligence will continue to accelerate.

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annual meeting
niánhuì
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in
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officially / formally
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to open / to commence
kāimù
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。

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sān bǎi rén
三百人
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artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
，
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
，
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
，
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points