Chinese AI unicorn Zhipu adds Beijing, Shenzhen government funds as shareholders

Quick Summary:

The latest funding reflects how Chinese AI-related enterprises continue to attract new investment, despite US tech restrictions.

Alibaba owns the South China Morning Post.

Beijing-based Zhipu AI did not immediately respond to a request for comment on Monday.

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Article Details

Author / Journalist: Xinmei Shen

Category: Technology

Markets: Hong KongChina

Topics: Capital Governments Funds Start-up Intelligence Shenzhen Zhipu Beijing Yuan Artificial Controlled

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 21:00:17 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 230 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23472664

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Official Website: scmp.com

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 days ago

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