China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
Beijing Knowledge Atlas Technology Co., Ltd. (Chinese: 北京智谱华章科技有限公司), or Zhipu AI, has attained more than CNY 2.5 billion in financing this year. The investors include Zhongguancun Independent Innovation Fund (Chinese: 社保基金中关村自主创新基金), Meituan, Ant Group, Alibaba, Tencent, Xiaomi, Kingsoft, Shunwei Capital, Boss Zhipin, TAL, Sequoia Capital, Hillhouse Capital and other big names, with follow-on investments from original shareholders such as Legend Capital. The proceedings will be used to support further research and development of the large-scale pre-trained language model, supporting industry ecology more effectively while achieving high-speed development with partners.
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