Shanghai AI Startup Scales to 500 Staff, Backed by State Fund and Jack Ma
pstAsiatech · x · 2026-07-06
An AI startup headquartered in Shanghai's Zhangjiang Hi-Tech Park has expanded to over 500 employees, with R&D branches in seven cities including Beijing and Shenzhen. Its early investors include state-backed institutions like the National AI Industry Investment Fund, as well as Jack Ma's Yunfeng Capital and Xiaomi's investment arm, giving it robust financial strength.
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