Last week,Watch Deputy Knight Mother in law Online Chinese AI startup ZhipuAI announced it secured RMB 2.5 billion ($342 million) in funding this year. Investors, including social insurance funds, Alibaba, and Tencent, have propelled the state-backed company’s valuation to over RMB 10 billion. Notable investors in ZhipuAI also include Meituan, Xiaomi, and Kanzhun, reflecting a growing interest in artificial intelligence following the launch of OpenAI’s pioneering ChatGPT in November. ZhipuAI’s chatbot, ChatGLM, stands out as one of the first generative AI services approved for public launch by the Chinese government in late August. [Caixin, in Chinese]
Related Articles
2025-06-26 03:16
2295 views
Best Max streaming deal: Save 20% on annual subscriptions
SAVE UP TO $40: New and returning customers can sign up for Max yearly streaming subscriptions for u
Read More
2025-06-26 03:02
1785 views
Facebook admits to collecting data on non
Looks like his team finally got back to them. Almost two full months after Facebook CEO Mark Zuckerb
Read More
2025-06-26 01:06
1356 views
It's official, net neutrality is dead. Here's what that means
Net neutrality laws —or the set of regulations that required internet providers to treat all w
Read More