{"id":439980,"date":"2026-05-22T12:13:18","date_gmt":"2026-05-22T12:13:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/439980\/"},"modified":"2026-05-22T12:13:18","modified_gmt":"2026-05-22T12:13:18","slug":"chinas-ai-start-up-funding-triples-to-us16b-in-first-quarter-amid-bets-on-llms-robotics","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/439980\/","title":{"rendered":"China\u2019s AI start-up funding triples to US$16b in first quarter amid bets on LLMs, robotics"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Funding for China\u2019s artificial-intelligence-related start-ups jumped nearly threefold year on year in the first quarter, as investors poured capital into large language models (LLMs) and embodied AI amid growing optimism over the country\u2019s technology ecosystem.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">AI-related start-ups secured more than 110 billion yuan (US$16.2 billion) in the first three months of the year, representing a 185 per cent surge from the same period last year, according to data released on Thursday by Beijing-based venture capital and private equity research firm Zero2IPO Research.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The AI boom has helped lift China\u2019s broader private equity and venture capital market. Total investment activity reached 2,568 deals worth 234.4 billion yuan in the March quarter, representing year-on-year increases of nearly 5 per cent in deal volume and over 15 per cent in value, the report showed.<\/p>\n<p>Several of the quarter\u2019s largest fundraising rounds were completed by leading generative AI developers, including <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3354078\/chinas-moonshot-ai-moves-unwind-offshore-structure-ipo-pursuit-sources?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Moonshot AI,<\/a> StepFun, Z.ai (formerly <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/beijing-zhipu-huazhang-technology?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Zhipu AI<\/a>) and <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/minimax?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">MiniMax,<\/a> as well as embodied AI firm Galaxea AI. The blockbuster rounds reflect intense investor appetite for automation and advanced computing infrastructure.Zero2IPO also reported a sharp rebound in foreign-currency investments. The number of foreign-currency deals more than doubled year on year to 210, while disclosed investment value skyrocketed over 495 per cent to 67.3 billion yuan, with capital primarily targeting AI and consumer companies. Cornerstone investments in <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3339301\/minimax-and-zhipus-stellar-hong-kong-ipos-supercharge-chinas-ai-ambitions?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Hong Kong initial public offerings<\/a> remained active, according to the report.<img decoding=\"async\" alt=\"Moonshot AI founder Yang Zhilin delivers a speech at the Zhongguancun forum in Beijing, March 25, 2026. Photo: Reuters\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/05\/76562f38-11b1-4b5f-96a4-8c9745d1924b_6fd614ed.jpg\" title=\"Moonshot AI founder Yang Zhilin delivers a speech at the Zhongguancun forum in Beijing, March 25, 2026. Photo: Reuters\"\/>Moonshot AI founder Yang Zhilin delivers a speech at the Zhongguancun forum in Beijing, March 25, 2026. Photo: Reuters<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In contrast, yuan-denominated investments fell nearly 13 per cent to 167.1 billion yuan.<\/p>\n","protected":false},"excerpt":{"rendered":"Funding for China\u2019s artificial-intelligence-related start-ups jumped nearly threefold year on year in the first quarter, as investors poured&hellip;\n","protected":false},"author":2,"featured_media":439981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,4177,607,224725,224723,4431,224724,224722,26578,4452,111,139,69,23764,224721,224726,145,1418,224727],"class_list":["post-439980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-beijing","tag-china","tag-csi-index","tag-galaxea-ai","tag-hong-kong","tag-humanoid-robot-innovation-centre","tag-liu-jing","tag-minimax","tag-moonshot-ai","tag-new-zealand","tag-newzealand","tag-nz","tag-premier-li-qiang","tag-shanghai-star-market","tag-stepfun","tag-technology","tag-xiaomi","tag-zeroipo-research"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/439980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=439980"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/439980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/439981"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=439980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=439980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=439980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}