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Alibaba led a $293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised $88M (Bloomberg)


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2026-04-10 01:14:12
milo
Cybersecurity Business

Bloomberg:

Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M  —  Alibaba Group Holding Ltd.'s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China's crowded AI video contest.




Bloomberg:

Alibaba led a ~$293M funding round for ShengShu, just two months after the creator of the Vidu AI video generator raised ~$88M  —  Alibaba Group Holding Ltd.'s cloud division led a 2 billion yuan ($293 million) funding round for ShengShu Technology, bolstering the war chest of a young contender in China's crowded AI video contest.



Source: TechMeme
Source Link: http://www.techmeme.com/260409/p43#a260409p43


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