Recently, Zhipu AI, a leading domestic artificial intelligence company, announced the completion of a strategic financing round exceeding 1 billion RMB. This financing round involved multiple investment institutions, including Hangzhou Chengtou Industrial Fund and Shangcheng Capital, injecting strong momentum into Zhipu's further development and technological innovation.

This funding will primarily be used to drive technological innovation and ecosystem development of the domestically produced GLM large language model. As one of the earliest AI companies in China to open-source large models, Zhipu AI has been committed to promoting the widespread application of AI technology. This financing will enable Zhipu AI to increase investment in technology R&D and ecosystem construction, better serving the thriving economy of Zhejiang Province and the Yangtze River Delta region.

Zhipu AI

Zhipu AI stated that they will continue to leverage their regional advantages in the AI industry layout to support the digital industrial transformation and upgrading based on AI technology. They also revealed crucial information: 2025 will be Zhipu AI's open-source year, with plans to release a brand-new large language model and open-source it to further promote the popularization and application of AI technology.

The success of this financing round not only marks a new stage in Zhipu AI's development in the field of artificial intelligence but also lays a solid foundation for its future market competition. With the continuous innovation and application of the domestically produced GLM large language model technology, Zhipu AI is expected to provide more intelligent, efficient, and convenient AI solutions for more enterprises and individuals, promoting the popularization and development of artificial intelligence technology.