China's Zhipu AI Raises $137 Million

China's Zhipu AI raises $137 million as state funds bet on AI race
Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China's AI sector,
Alibaba-Backed Zhipu Raises $140 Million as DeepSeek Heats Up AI
Chinese startup Zhipu raised more than 1 billion yuan ($140 million) in a financing round led by local government-backed firms, underscoring the growing interest in domestic AI following DeepSeek’s ascent.
Zhipu AI Funding: $137.22 Million Boost for China’s AI Race
Zhipu AI secures $137.22 million in funding to enhance its GLM model and expand its AI ecosystem, targeting businesses in China’s Yangtze River Delta.
Chinese AI startup Zhipu secures over $140 million in new strategic funding
Chinese AI startup Zhipu announced today that it has raised over RMB 1 billion ($140 million) in a new strategic funding round. Investors include Hangzhou
Zhipu AI Raises $137 Million To Boost AI Innovation In China
Chinese artificial intelligence startup Zhipu AI has raised over 1 billion yuan ($137 million) in fresh funding. Zhipu AI raises $137 million in a new funding round, strengthening its position in China’s AI sector.
Zhipu AI Secures RMB1B+ in Funding, with Hangzhou Govt Among Investors
Chinese AI startup Zhipu AI raised more than RMB1 billion in its latest financing round, with participation from investors including the Hangzhou City Investment Group Industrial Fund, controlled by the Hangzhou government,
Zhipu AI Secures $137M in Funding While on US Trade-Restrictions Blacklist
Chinese artificial intelligence startup Zhipu AI has raised over a billion yuan ($137M) in fresh funding. To date, the company has raised the equivalent of
Alibaba, Tencent-backed China's Zhipu AI secures $137 million funding
Chinese AI startup Zhipu, which is backed by companies including Alibaba (NYSE:BABA) and Tencent Holdings (OTCPK:TCEHY), has secured more than 1 billion yuan ($137.22 million), in its latest funding round.
MIT Technology Review27d
Four Chinese AI startups to watch beyond DeepSeek
The meteoric rise of DeepSeek—the Chinese AI startup now challenging global giants—has stunned observers and put the ...
FACTBOX China's AI firms take spotlight with deals, low-cost models
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Analytics Insight22h
Top Tech News: Apple’s M4 Powered Macbook Launch Date, Zhipu AI Raising 1 Billion Yuan and More
Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: Soon after the iPhone 16e, Apple is ready with the M4-powered ...
Yahoo News UK1mon
Tech war: US adds Chinese AI unicorn Zhipu to trade blacklist before Biden's exit
Chinese start-up Zhipu AI said it "strongly disagrees" with a US decision to add the company and its subsidiaries to an export blacklist, as the administration of President Joe Biden released a ...
scmp.com1mon
Wall Street hype and Washington ‘threat inflation’, which have distorted markets and policies, are exposed by surprise breakthrough of upstart
They included Zhipu, China’s most prominent start-up in developing large language models (LLM) for AI. Unfortunately, DeepSeek wasn’t on the list. Now America’s tech warriors may have to add ...