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Less than three years after its founding, AI startup SiliconFlow has raised more than 2 billion yuan ($294 million) in a new funding round without building a foundation model of its own, becoming one of the latest beneficiaries of China’s AI investment boom. The company is betting that the layer between AI models and the computing chips and other hardware that power them can become a durable business opportunity.
https://www.caixinglobal.com/2026-06-17/siliconflow-raises-294-million-as-chinas-ai-inference-demand-surges-102454833.html
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