ReferIndia News Chinese startup ShengShu raises $293 million to advance artificial general intelligence

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Chinese startup ShengShu raises $293 million to advance artificial general intelligence

Published on: April 10, 2026, 10:25 a.m. | Source: The Economic Times

Founded in early 2023 by ​Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model when it launched Vidu in April 2024. The model was positioned as a competitor to OpenAI's Sora, which the US company later discontinued.

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