Q1 AI funding exceeds 110 billion yuan, domestic large models see sharp growth
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Funding rates in the AI sector reached a new high in Q1 2026, with total capital exceeding 110 billion yuan. Nearly 600 funding rounds were recorded, marking an 185.4% increase from the previous year. Moonshot AI and LeapMind led the way, securing over 30 billion yuan in May alone. Embodied intelligence also attracted strong interest, with Vitatech and Lumina Robotics raising hundreds of millions within a week. Startups are now prioritizing R&D, GPU procurement, and talent acquisition. The AI Fear & Greed Index remains elevated, reflecting sustained investor confidence.
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