Approaching.AI, a Chinese provider of high-quality AI token production services, recently completed a Series B funding round exceeding RMB 1.3 billion. The round was co-led by Zhejiang Caijing Innovation, Xiaoshan Capital, and ICBC Investment. As of October this year, the company has cumulatively raised RMB 2.4 billion in 2026. This round's funds will primarily be used for expanding high-quality AI token production capacity, upgrading the ATaaS platform, developing underlying inference technologies, and fostering commercial partnerships. Approaching.AI stated that it has successfully enabled domestic chips to support trillion-parameter leading large models and achieved large-scale production of high-quality AI tokens, with overall cost-effectiveness surpassing international leading hashrate.