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.