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


iFLYTEK released the "Spark X2" large model, which is trained using fully domestic computing power and achieves breakthroughs in algorithms and engineering. The model matches international top-level capabilities in core areas such as mathematics, logical reasoning, language comprehension, and intelligent agents. It focuses on industry application needs, driving the development of domestic large models to a new stage.
The domestic large model sector saw a breakthrough during the 2026 Spring Festival. Zhipu AI released its new large model GLM-5, triggering a strong reaction in the capital market, with a stock price surge of 200% and a market value reaching 150 billion HKD. Previously, the model was anonymously introduced as "Pony Alpha", showing outstanding coding capabilities.
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AI giant Anthropic is raising over $20 billion in a new funding round, potentially closing next week. If successful, its valuation will surge dramatically, drawing significant industry attention.....
ElevenLabs raised $500M in Series D at an $11B valuation, becoming the world's highest-valued AI voice service provider. Led by Sequoia Capital with participation from a16z and ICONIQ Capital, the funding reflects strong market confidence in its enterprise growth and voice AI technology.....