Baichuan AI (Baichuan; Chinese: 百川智能; pinyin: Bǎichuān Zhìnéng) is an artificial intelligence (AI) company based in Beijing, China.
Wang named the company after the phrase "A Hundred Rivers" and had secured $50 million in seed capital.
Investors included Tencent, Alibaba Group, Shunwei Capital and Xiaomi.
[2][3] In July 2024, Alibaba Group participated in a $691 million fundraiser for Baichuan valuing it at $2.8 billion.
[4] In June 2023 Baichuan launched Bachuan1, an open-source large language model which was used by researchers at universities.