汉字News

← 汉字News
Chinese News for Learners
commerce
shāng yè
商业
·HSK 4

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
first
di
one
yi
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
new high
xingao
新高
became
chengwei
成为
global
quanqiu
全球
fundraising
rongzi
融资
of
de
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
2026
2026
2026
year
nian
1
1
1
month
yue
to
zhi
3
3
3
month
yue
during
qijian
期间
artificial
rengong
人工
intelligence
zhineng
智能
field
lingyu
领域
of
de
fundraising
rongzi
融资
rounds
lunchi
轮次
reached
da
72
72
72
instances
chang
fundraising
rongzi
融资
amount
jinejin
金额
reached
da
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
companies
jia
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
MiniMax
MiniMax
MiniMax
in
zai
Q1
Q1
Q1
during
qijian
期间
in
zai
Hong Kong
Xianggang
香港
listed
shangshi
上市
valuation
guZhi
估值
both
jun
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
unique
dute
独特
of
de
artificial
rengong
人工
intelligence
zhineng
智能
development
fazhan
发展
strategy
zhanlue
战略
unlike
yu
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
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
2026
2026
2026
year
nian
Q1
Q1
Q1
of
de
startup
chuchuang
初创
companies
qiye
企业
funding
rongzi
融资
total amount
zongejin
总额
reached
da
3000
3000
3000
100 million
yi
亿
US dollar
meiyuan
美元
created
chuangzao
创造
CL
le
historical
lishi
历史
most
zui
high
gao
record
jilu
纪录
China
Zhongguo
中国
of
de
artificial
rengong
人工
intelligence
zhineng
智能
core
hexin
核心
industry
chanye
产业
in
zai
2025
2025
2025
year
nian
already
yi
exceeded
chaoguo
超过
1.2
1.2
1.2
trillion
wanyi
万亿
yuan
yuan
related
xianguan
相关
companies
qiye
企业
number
shuliang
数量
exceeded
chaoguo
超过
6200
6200
6200
companies
jia
experts
zhuanjia
专家
believe
renwei
认为
China
Zhongguo
中国
in
zai
artificial
rengong
人工
intelligence
zhineng
智能
field
lingyu
领域
of
de
investment
touzi
投资
and
he
innovation
chuangxin
创新
will
jiang
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.

More in Business

Momenta
Móméng tǎ
摩蒙塔
Hong Kong
Xiānggǎng
香港
listed
shàngshì
上市
fundraising
róngjī
融资
$752 million
7.52 yì měiyuán
7.52亿美元

Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise

Samsung (South Korean electronics company)
Sānxīng
三星
SK Hynix (South Korean memory chipmaker)
SK Hǎilìshì
SK海力士
and / together with
Micron (US semiconductor company)
Měiguāng
美光
to race to / to vie in
jìngxiāng
竞相
to expand / to increase
kuòdà
扩大
AI / artificial intelligence
AI
AI
memory (computing)
nèicún
内存
chip / semiconductor chip
xīnpiàn
芯片
production capacity
chǎnnéng
产能

Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity

China
Zhōngguó
中国
artificial intelligence
réngōng zhìnéng
人工智能
company
gōngsī
公司
MiniMax (Chinese AI company)
MiniMax
MiniMax
to complete
wánchéng
完成
$2 billion
èrshí yì měiyuán
二十亿美元
fundraising / financing
róngzī
融资

Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale

PepsiCo
Bǎishì Gōngsī
百事公司
earnings / performance
yèjī
业绩
lower than / below
dīyú
低于
expectation / forecast
yùqī
预期
the United States
Měiguó
美国
stock market
gǔshì
股市
slightly / marginally
xiǎofú
小幅
to rise / to increase
shàngzhǎng
上涨

PepsiCo Earnings Disappoint as US Stocks Edge Higher