AI company Aishi Technology has secured 2.98 billion RMB in its Series C funding round, with Alibaba leading the investment. The funds will be allocated to developing foundational video generation models, real-time world models, global product expansion, and industrial application. AI
IMPACT This funding will accelerate the development of advanced AI models for video generation and real-time applications, potentially impacting various industries.
RANK_REASON Significant funding round for an AI company. [lever_c_demoted from significant: ic=1 ai=0.7]
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