# funding

Geely Bets Big on In‑House AI: Chairman Yin Qi Bridges Big‑Model Firm and Smart‑Driving Unit as JiaYue Raises Over ¥5bn

Geely has accelerated efforts to internalise AI by appointing Yin Qi as chairman of both its smart‑driving unit Qianli Technology and the big‑model company JiaYue Xingchen, which has just closed a B+ round topping ¥5 billion. The move aims to fuse in‑house foundational models with production vehicle terminals to boost proprietary ‘model content’ and fast‑track agent‑driven cockpits and assisted‑driving features.