OceanBase responds to funding reports: fully committed to AI data innovation, maintaining open communication with the capital markets

OceanBase responded to reports of its first external equity financing, saying it will keep focusing on data technology and product innovation for the AI era.

The company declined to comment on the rumored funding size, investors, or progress.

Earlier reports said OceanBase was in talks for a Series A round of about RMB 2 billion to 3 billion.

The funding, if completed, could help OceanBase evolve from a database vendor into an AI data platform and support independent operations.