BeijingApproaching.AI has raised 2.4 billion yuan this year.
State-linked funds led its 1.3 billion yuan Series B, part of China’s token-factory boom.
The company says it splits prefill and decode across domestic and foreign chips to run trillion-parameter models.
Its claimed output of over 1 trillion tokens a day is the company’s own figure.
Rival Infinigence is preparing to list, and SiliconFlow has already filed to list in Hong Kong.
How each outlet framed it
- Zhidx leans favorable
- frames the round as proof of domestic chips at trillion-token scale, claiming a Chinese-chip cluster beats the world's best compute on cost-performance
Sources: Zhidx