B

Baichuan

Foundation Models

Chinese AI company building large language models for healthcare and enterprise.

Total funding—

Valuation$2.8B

Employees—

Founded2023

HeadquartersBeijing, China

StatusPrivate

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Baixiaoyi Application Sold on its own

  Baichuan's AI family-doctor assistant (formerly the Baixiaoying general assistant) for symptom questions, visit preparation and reading doctors' orders, built on its Baichuan-M medical models.

• Baichuan Open Platform Model API Sold on its own

  Hosted API for the Baichuan model family.

Similar products 39

No sourced competitor yet: no filing, vendor document or measured-market report read so far names a rival for this company, so none is asserted. The companies below are the closest by what their products do.

How this list is ranked ↗

DDecartPrivate · $4BBaichuan Open Platform and Cogito both serve buyers who need to build on a hosted model API and draft and edit written content; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareIAInflection AIPrivate · $1.5B raisedBaichuan Open Platform and Pi both serve buyers who need to draft and edit written content; similar scale (private).1 of 2 capabilitiesShared product typeCompareMM42PrivateBaixiaoyi and Med42 do comparable work on clinical documentation; M42's scale not recorded.2 of 2 capabilitiesShared product typeCompareMMiniMaxPublic · $12.6BBaichuan Open Platform and MiniMax Open Platform both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareGG42Private · $2.3B raisedBaichuan Open Platform and Jais both serve buyers who need to build on a hosted model API; similar scale (private).1 of 2 capabilitiesShared product typeCompareLCLG CorpPublic · $13.4BBaichuan Open Platform and K-EXAONE 2.0 both serve buyers who need to build on a hosted model API; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareXxAIAcquired ($230B deal)Baichuan Open Platform and xAI API both serve buyers who need to build on a hosted model API and draft and edit written content; xAI is acquired, with no independent scale.1 of 2 capabilitiesShared product typeCompareDDeepSeekPrivate · $50BBaichuan Open Platform and DeepSeek API Platform both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareZZ.ai (Zhipu AI)Public · $58.6BBaichuan Open Platform and Z.ai Model API both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareOOpenAIPrivate · $852BBaichuan Open Platform and OpenAI API both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareSSenseTimePublic · $7.7BBaichuan Open Platform and SenseNova both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareMAMoonshot AIPrivate · $35BBaichuan Open Platform and Kimi Open Platform both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareMAMistral AIPrivate · $13.8BBaichuan Open Platform and Mistral AI Studio both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareAAAleph AlphaPrivate · $500M raisedBaichuan Open Platform and Pharia-1-LLM both serve buyers who need to build on a hosted model API; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareAAbridgePrivate · $5.3BBaixiaoyi and Care Signals do comparable work on clinical documentation; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareKHK HealthPrivate · $380M raisedBaixiaoyi and K Health do comparable work on clinical documentation; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareCCoherePrivate · $7BBaichuan Open Platform and Cohere Platform both serve buyers who need to build on a hosted model API and draft and edit written content; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareSASakana AIPrivate · $2.7BBaichuan Open Platform and Sakana Chat both serve buyers who need to draft and edit written content; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareAAnthropicPrivate · $965BBaichuan Open Platform and Claude API both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareAAlphabet (Google)Public · $4.2TBaichuan Open Platform and Gemini API both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareALAI21 LabsPrivate · $1.4BBaichuan Open Platform and AI21 Studio both serve buyers who need to build on a hosted model API and draft and edit written content; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareSStepFunPrivate · $10BBaichuan Open Platform and StepFun Open Platform both serve buyers who need to build on a hosted model API and draft and edit written content; larger scale (private).1 of 2 capabilitiesShared product typeLarger scaleCompareMMicrosoftPublic · $3.7TBaichuan Open Platform and Azure OpenAI in Foundry Models both serve buyers who need to build on a hosted model API; larger scale (public).2 of 2 capabilitiesShared product typeLarger scaleCompare0101.AIPrivateBaichuan Open Platform and Yi both serve buyers who need to build on a hosted model API; 01.AI's scale not recorded.1 of 2 capabilitiesShared product typeCompareAAidocPrivate · $500M raisedBaixiaoyi and Care Coordination do comparable work on clinical documentation; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareSAStability AIPrivate · $495.9MBaichuan Open Platform and Stability AI Platform API both serve buyers who need to build on a hosted model API; smaller scale (private).Shared product typeSmaller scaleCompareAHAmbience HealthcarePrivate · $1.3BBaixiaoyi and Ambience do comparable work on clinical documentation; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareOOraclePublic · $454.4BBaixiaoyi and Oracle Health Clinical AI Agent do comparable work on clinical documentation; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareBFBlack Forest LabsPrivate · $3.3BBaichuan Open Platform and FLUX API both serve buyers who need to build on a hosted model API; same layer and the same scale band (growth-stage private).Shared product typeSame scale bandCompareMPMeta PlatformsPublic · $1.5TBaichuan Open Platform and Meta AI Studio both serve buyers who need to draft and edit written content; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareOOpenRouterPrivate · $1.3BBaichuan Open Platform and OpenRouter both serve buyers who need to build on a hosted model API and draft and edit written content; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareKKuaishouPublic · $18.6BBaichuan Open Platform and Kling AI Developer API both serve buyers who need to build on a hosted model API; larger scale (public).Shared product typeLarger scaleCompareSASarvam AIPrivate · $275M raisedBaichuan Open Platform and Sarvam AI Platform both serve buyers who need to build on a hosted model API; similar scale (private).1 of 2 capabilitiesShared product typeCompareEEliseAIPrivate · $384M raisedBaixiaoyi and EliseAI for Healthcare do comparable work on clinical documentation; same layer and the same scale band (growth-stage private).1 of 2 capabilitiesShared product typeSame scale bandCompareUUpstagePrivate · $958.8MBaichuan Open Platform and Solar LLMs both serve buyers who need to build on a hosted model API; smaller scale (private).1 of 2 capabilitiesShared product typeSmaller scaleCompareAAlibabaPublic · $273.4BBaichuan Open Platform and Alibaba Cloud Model Studio both serve buyers who need to build on a hosted model API; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareSHSiemens HealthineersPublicBaixiaoyi and AI-Rad Companion do comparable work on clinical documentation; Siemens Healthineers's scale not recorded.1 of 2 capabilitiesShared product typeCompareAAmazonPublic · $2.8TBaichuan Open Platform and Amazon Bedrock both serve buyers who need to build on a hosted model API; larger scale (public).1 of 2 capabilitiesShared product typeLarger scaleCompareLLightOnPublic · $29.6MBaichuan Open Platform and LightOn Enterprise both serve buyers who need to draft and edit written content; smaller scale (public).1 of 2 capabilitiesShared product typeSmaller scaleCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Total funding

Checked — none published

Aggregate figures for Baichuan range from ~$140M to over $1 billion, with SCMP reporting a CNY20B valuation and $693M-$700M raised in specific named rounds — but no single source states a clean cumulative total across all of Baichuan's disclosed rounds. Left null rather than resolved by picking one aggregator's number.

Valuation

News reporting · Jul 2024

"Baichuan's valuation reached CNY20 billion (USD2.8 billion) after completing the Series A financing round" — Yicai Global, July 2024; Forbes reported the same round on 2024-07-25. No fx_rate is recorded because no conversion happened here: the publication states both the CNY and the USD figure, and this column takes the USD one it gives.

Employees

Checked — none published

Checked 2026-08-27 and no citable figure found. Four sweeps were run and all came back empty for this company: (1) its own /about, /about-us, /company, /careers, /jobs and /team pages, pattern-matched for a self-published headcount; (2) stockanalysis.com's private-company page, which footnotes each figure to its source; (3) its Forbes company profile, which states a headcount and the month it is as of; (4) a targeted web search. Everything the search returned was a LinkedIn-scraping aggregator, and those disagree with each other by wide margins and cite nothing, so they are not used here. The field is null rather than carrying the round guess it held before.

Founded

Wikipedia · 27 Aug 2026

Wikipedia infobox "founded" field, read 2026-08-27.

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