Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI. Amid the buzzing AI market, Chinese AI startup Zhipu announced that it has secured $342 million (or 2.5 billion yuan) in funding from Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (HKG: 0700). HongShan, the former Sequoia China along with food delivery leader Meituan joined the recent funding round....
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CoinspeakerChinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding Zhipu AI was founded in 2019 as a creative invention by the Chinese prestigious Tsinghua University. Chinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding
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