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 government-backed firms,best erotice romance books after 50 shades with the funds aimed at advancing Zhipu’s domestically developed GLM foundation model and expanding its AI ecosystem.
The latest round of investment in Zhipu comes less than three months after the company secured RMB 3 billion ($41.1 million) in funding on Dec. 17, 2024. It also marks the first funding round this year among China’s so-called “six AI tigers,” a group of emerging large-model startups.
Hangzhou City Investment Industry Fund, one of the investors, was established on June 30, 2023, with a registered capital of RMB 10 billion ($1.37 billion). As an industrial investment fund under Hangzhou City Investment, it focuses on promoting industrial growth and urban development through capital investment. The funding reflects Hangzhou’s deepening commitment to AI, aligning with the city’s recently released 2025-2026 Future Industry Development Action Plan, which outlines its strategic goals for the sector. [Zhipu WeChat account, in Chinese]
(Editor: {typename type="name"/})
Best speaker deal: Save $30 on the JBL Clip 5
Happy Birthday, Jack Kerouac by Sadie Stein
Sugar Rush: Letter from Cape Town by Anna Hartford
A Week in Culture: Happy Menocal, Artist by Happy Menocal
Character AI reveals AvatarFX, a new AI video generator
Trump tariff news: See the latest impacts on consumer tech
President Donald Trump's tariff policies are going into effect, and people who like buying affordabl
...[Details]
Happy Birthday, George! by Sadie Stein
Happy Birthday, George!By Sadie SteinMarch 18, 2013Quote Unquote“I have never been convinced there&#
...[Details]
What We’re Loving: Romanian Cinema, African Art by The Paris Review
What We’re Loving: Romanian Cinema, African ArtBy The Paris ReviewMarch 22, 2013This Week’s ReadingF
...[Details]
House of Poesy: At the Grolier Poetry Book Shop by Rhoda Feng
House of Poesy: At the Grolier Poetry Book ShopBy Rhoda FengFebruary 26, 2013Arts & CultureThe G
...[Details]
Over the past few weeks we've been looking into and exploring the world of FreeSync 2. Now this isn'
...[Details]
What We’re Loving: Porto Pim, Montana, Cat Pianos by The Paris Review
What We’re Loving: Porto Pim, Montana, Cat PianosBy The Paris ReviewMarch 15, 2013This Week’s Readin
...[Details]
Cover ArtBy Lorin SteinMarch 5, 2013A Letter from the EditorWhat follows is the Editor’s Note from i
...[Details]
Elijah ReturnsBy Max RossMarch 25, 2013First PersonA holiday’s most assiduously followed rituals occ
...[Details]
Interviews for Resistance
...[Details]
Dating the Iliad, and Other News by Sadie Stein
Dating the Iliad, and Other NewsBy Sadie SteinMarch 1, 2013On the ShelfGeneticists estimate that the
...[Details]
UGREEN Nexode 25000mAh 200W power bank drops to $79.99 at Amazon
The Joys of Yiddish Dictionaries by Ezra Glinter
接受PR>=1、BR>=1，流量相当，内容相关类链接。