Zhipu AI Becomes Domestic Large Model Unicorn with 20 Billion Valuation Seeking Financing

Translated data: Zhipu AI, valued at 20 billion RMB, is seeking funding to launch ChatGLM3, which features comprehensive upgrades, positioning itself as a unicorn in the domestic large-scale model sector. The fundraising amount exceeds 2.5 billion RMB, with investors including Alibaba, Meituan, Tencent, Xiaomi, and others. ChatGLM3 boasts superior performance, garnering widespread attention, and Zhipu AI is poised to become a leader in the large-scale model field.

Robot Startup Generalist Completes New Round of Financing, Valued at $3 Billion

Robotics startup Generalist raised nearly $200M in new funding led by 8VC, valuing it at $3B. This extends its $400M Series B led by Radical Ventures at a $2B valuation in June, bringing total Series B to $600M. Founded in 2024 by ex-DeepMind researchers Pete Florence, Andy Zeng and ex-Boston Dynamics engineer Andrew Barry.....

Tencent's New Generation Large Model Hy4 Will Be Released, Becoming the Core Engine of WorkBuddy

The internal test interface of Tencent's new generation large model Hy4 has been exposed, with its release imminent. The interface shows that Tencent continues its strategy of self-research and open source, offering three options: the expert-level large model Hy4, the newly upgraded Hy3 suitable for most scenarios, and DeepSeek, which focuses on reasoning and understanding. Hy4 is the focus of this upgrade.

South Korean AI Star Solar Pro 4 Makes Its Debut, Directly Challenging Global Top-Level Models?

South Korean company Upstage launched the commercial large model Solar Pro 4, featuring a 512K context window, supporting up to 128K output. It can process multiple contracts, reports, and data files in a single session. The pricing is highly competitive: $0.3 per million Tokens input, $0.06 for cache read, and $1.2 for output.

Alibaba Launches 2.4 Trillion-Parameter Large Model Open Source, Performance Rivals Fable 5

Alibaba Qianwen officially releases the weights of the Max flagship model Qwen3.8-2.4T-A95B for the first time. The model has a total of 2.4 trillion parameters, with 95 billion activated tokens per Token, supporting 260,000 tokens of context natively, extendable to 1,010,000; its architecture continues the advantages of Qwen3.5, excelling in tasks such as programming, office work, research, and long-term intelligence.

Report: DeepSeek Restarted the Second Round of 50 Billion Yuan Financing, Valuation Before Financing Rises to 500 Billion Yuan

DeepSeek, a leading Chinese AI model startup, resumes its second funding round, aiming to raise 50 billion yuan with a pre-money valuation of about 500 billion yuan, expected to sign in late August. Combined with the first round of 50 billion yuan at over 350 billion valuation (closed in June), total funding would surpass 100 billion yuan, a 43% valuation increase.....