36Kr has obtained exclusive information that LiblibAI has recently finalized a Series B funding round, raising a substantial $130 million. This round was jointly led by Sequoia Capital China, CMC Capital, and a strategic investor hailing from a prominent tech giant. Notably, existing investors also substantially increased their stakes. This funding achievement stands as the largest single public financing event in China's AI application industry this year, indicating a notable pivot in AI investment trends—shifting from foundational model development to a stronger emphasis on application-layer innovations.

Established in late 2023, LiblibAI has swiftly risen to prominence as China's foremost AI application platform. The platform seamlessly integrates multimodal functionalities and has cultivated a thriving community of over 20 million AI creators. With this latest injection of capital, LiblibAI is poised to expedite its global outreach initiatives. Additionally, the company has outlined plans to unveil version 2.0 of its platform, which will feature enhanced video generation capabilities, further solidifying its position in the market.