Zhipu AI, a unicorn in the large model field, announces the completion of financing worth several billion yuan to support technological innovation and ecosystem development. After this round of financing, Zhipu's valuation reaches 20 billion yuan, with Zhongguancun Science City Company as the lead investor, marking its third financing round in 2024. Zhipu's shareholder lineup includes well-known investment institutions such as Zhongguancun Science City, Hillhouse Capital, Qiming Venture Partners, and Junlian Capital, as well as internet giants Meituan, Alibaba, Tencent, and Xiaomi.