The fundraising story in the AI large model track is heating up again. According to reports, top global venture capital firms plan to make a significant investment in a leading AI company, with a target funding scale exceeding $25 billion and a post-investment valuation soaring to $350 billion. The participants in this round are considered a豪华阵容— not only top-tier VCs like Sequoia Capital, but also Microsoft and NVIDIA have each committed investments, totaling $15 billion. Well-known investment institutions such as GIC of Singapore and Coatue are also participating.

Regarding this company's fundraising history, after the Series E round in March 2025, the valuation was still $61.5 billion. In just a few months, the valuation has increased more than fivefold, with an astonishing growth rate. The funds are mainly used for large model development, expanding computing infrastructure, AI safety alignment, and rapid commercialization.

From an industry perspective, this is no longer just simple news about fundraising. The entire AI field's competitive threshold is being raised, with increasing demand for computing power from large model companies, and fierce competition for top talent. This is a clear positive signal for upstream chip companies and infrastructure providers. Investors in the secondary market are also paying attention to related computing power and application targets, as such high funding enthusiasm inevitably triggers chain reactions.

Of course, these details are still primarily based on media reports, and official announcements have not yet been made, so the final investment amount and specific terms may still be adjusted. But from the trend, the capital war in the AI field is far from over.