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2d ago
Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M (Bloomberg)
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Bloomberg:
Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M — Alibaba Group Holding Ltd.'s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China's crowded AI video contest.
Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M — Alibaba Group Holding Ltd.'s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China's crowded AI video contest.
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