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Value of equity funding raised by leading large language model developers in China as of 2024 (in billion U.S. dollars)

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Source

Release date

January 2025

Region

China

Survey time period

as of 2024

Supplementary notes

xAI is classified as an open-source based on Elon Musk's stated commitment (October 2024) to open-sourcing its models.

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Equity funding value of leading LLM developers in China 2024

Published by
Petroc Taylor,
Jan 31, 2025

As of the end of 2024, Moonshot AI has raised *** billion U.S. dollars in equity funds, the highest value among all private large language model developers in China. Although China has a large artificial intelligence industry and the government actively pushes the development of AI capabilities, private companies have not raised as much money as their American counterparts.

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