Chinese AI Unicorn 4Paradigm Raises $700 Million Mega Pre-IPO Round

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Chinese AI unicorn 4Paradigm has completed a US$700 million Series D funding round. Boyu Capital, Primavera Capital, and HOPU Investments led the investment, followed with other institutional investors including Sequoia Capital, Goldman Sachs, CPE, Jinyi Capital and FountainVest Partners.

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