Honorable mentions
Baichuan
While many of its competitors chase scale and expansive application ranges, Baichuan AI, founded by industry veteran Wang Xiaochuan (the founder of Sogou) in April 2023, is focused on the domestic Chinese market, targeting sectors like medical assistance and health care.
With a valuation over $2 billion after its newest round of fundraising, Baichuan is currently among the biggest AI startups in China.
Minimax
Founded by AI veteran Yan Junjie, Minimax is…
Article Source
https://www.technologyreview.com/2025/02/04/1110942/four-chinese-ai-startups-deepseek/
