150B RMB in 4 months: China's cash-richest AI startup sparks awe and skepticism
teortaxesTex · x · 2026-10-22
The poster tallies that "Whale", a Chinese AI startup, has raised 150 billion RMB in 4 months ($22.45B at 6.68 RMB/$, or $19.46B counting only non-Wenfeng capital), plus what's described as crazy API profitability — likely making it the most cash-rich AI startup in China. The poster argues that once it holds physical assets it could start loaning, concluding "Whale will win." Replies in the screenshot are skeptical: cash alone doesn't run models, and the real test is whether it converts into racks and power contracts. The poster's own "i hate it here" reads as awe at the sheer scale of capital.
Related event: DeepSeek Reportedly Raises ~$15B, China's Largest AI Funding Round(8 posts)→
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