Zhipu AI

Hong Kong-listed Chinese AI company stocks soared on February 12: Z.ai surged nearly 30% after releasing GLM-5 and MiniMax jumped 13.7% after launching M2.5

Z.ai says it will raise prices by at least 30% for new GLM coding plan subscribers to accommodate surging demand for its AI coding tools

Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong

The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong's first large language model listing

Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks

Chinese OpenAI contenders MiniMax and Zhipu AI offered the first look into their business models and profit prospects in listing filings …

A look at China-backed Zhipu AI, which offers AI infrastructure tools to governments globally, as OpenAI says the startup is on the “front line” of the AI race

OpenAI is putting a spotlight on an under-the-radar artificial intelligence startup that it believes is on the …

The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list

Karen Freifeld / Reuters :

Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI

Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI  —  A Saudi Arabian fund has backed China's …

A look at four Chinese generative AI startups, Zhipu AI, Moonshot AI, MiniMax and 01.ai, which have been valued between $1.2B and $2.5B in the past three months

Zhipu AI, Moonshot AI, MiniMax and 01.ai are striving to rival the success of US counterparts