Zhipu, one of China’s ‘AI Tigers’, raises US$210 million for venture capital fund

Zhipu, one of China’s ‘AI Tigers’, raises US$210 million for venture capital fund

Zhipu AI, one of China’s top generative artificial intelligence (GenAI) start-ups, has announced the initial closing of its venture capital vehicle, which aims to invest in related start-ups to strengthen the company’s ecosystem, borrowing a page from ChatGPT owner OpenAI. The Zhipu Ecosystem Fund, also known as the Z Fund, raised 1.5 billion yuan (US$211…

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