Apr 12, 2024 05:47 AM

BUSINESS

Smart Service Provider Terminus Raises $276 Million to Fund LLM Applications

By Liu Peilin and Han Wei

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What’s new: Terminus Group, a Beijing-based artificial intelligence services provider, has completed a funding round of 2 billions yuan ($276 million) from investors led by Australian investment firm AL Capital and Chinese private equity fund Yuyao Yangming Equity Investment Fund.

Investors in Terminus’ series D funding round include Futian Capital Holdings Co. Ltd., Gemdale Corp., China Everbright Ltd. and SenseTime Group Ltd., said the company.

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