US EditionZhipu AI’s Rise: From Tsinghua Lab to China’s First Foundation Model IPO
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Zhipu AI’s Rise: From Tsinghua Lab to China’s First Foundation Model IPO
Introduction: A First for China’s AI RaceChinese AI startup Zhipu AI is on the brink of making history as the first of China’s new wave of foundation model companies to go public. The Beijing-based firm – founded just six years ago – has initiated the IPO process with regulators, aiming to outpace its domestic peers in the race to capital markets . This move comes amid a fierce AI arms race in China, where startups and tech giants alike are vyin…
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