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Chinese AI startup ShengShu raises 293 million pushing toward artificial general intelligence
Technology
Published on 24 April 2026
Its video model debuted fast and Sora later vanished
Chinese startup ShengShu has raised $293 million to accelerate artificial general intelligence. Founded in early 2023 by Tsinghua University alum Zhu Jun, the company made headlines by launching Vidu in April 2024—positioned as a rival to OpenAI’s Sora, which was later discontinued. The fresh funding signals intensifying global competition in advanced AI.
- ShengShu raised $293 million to pursue AGI
- Founded in 2023 by Tsinghua alum Zhu Jun
- Vidu launched in 2024, framed as Sora rival
- OpenAI’s Sora was later discontinued
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times