Close Menu
Breaking News in Technology & Business – Tech Geekwire

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Crawford County, Pa. to Use AI to Review 911 Response Quality

    July 5, 2025

    The Rise of Small Language Models: Enhancing AI Efficiency and ROI

    July 5, 2025

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech GeekwireBreaking News in Technology & Business – Tech Geekwire
    • New
      • Amazon
      • Digital Health Technology
      • Microsoft
      • Startup
    • AI
    • Corporation
    • Crypto
    • Event
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech Geekwire
    Home » Alibaba-Backed Zhipu Raises $140 Million Amidst Growing Interest in Chinese AI
    AI

    Alibaba-Backed Zhipu Raises $140 Million Amidst Growing Interest in Chinese AI

    techgeekwireBy techgeekwireMarch 10, 2025No Comments1 Min Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Zhipu Raises $140 Million in Funding Round

    Chinese startup Zhipu has secured over 1 billion yuan (approximately $140 million) in a recent financing round, according to a statement. This significant investment, spearheaded by local government-backed entities, underscores the burgeoning interest in domestic artificial intelligence (AI) development, particularly following the rise of DeepSeek.

    Participants in Zhipu’s latest funding round included Hangzhou Municipal Construction Investment Group Co. and Shangcheng Capital. Both firms are controlled by the Hangzhou government. It is worth noting that Hangzhou is also the home town of DeepSeek. Existing backers of Zhipu, such as Alibaba Group Holding Ltd. and Tencent Holdings Ltd., also participated in the round.

    During a May 2024 funding round, Zhipu was last valued at about $3 billion. Further details regarding the recent financing, including specific investor contributions, were disclosed in a WeChat statement released by the company. The funding round represents continued confidence in the potential of Chinese AI.

    AI Alibaba China DeepSeek investment Zhipu
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    techgeekwire
    • Website

    Related Posts

    Crawford County, Pa. to Use AI to Review 911 Response Quality

    July 5, 2025

    The Rise of Small Language Models: Enhancing AI Efficiency and ROI

    July 5, 2025

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025

    Modernizing Government through Technology and Institutional Design

    July 5, 2025

    Proposed ‘Frontier Valley’ Tech Zone Planned Near San Francisco

    July 5, 2025
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    Crawford County, Pa. to Use AI to Review 911 Response Quality

    July 5, 2025

    The Rise of Small Language Models: Enhancing AI Efficiency and ROI

    July 5, 2025

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025
    Advertisement
    Demo
    About Us
    About Us

    A rich source of news about the latest technologies in the world. Compiled in the most detailed and accurate manner in the fastest way globally. Please follow us to receive the earliest notification

    We're accepting new partnerships right now.

    Email Us: info@example.com
    Contact: +1-320-0123-451

    Our Picks

    Crawford County, Pa. to Use AI to Review 911 Response Quality

    July 5, 2025

    The Rise of Small Language Models: Enhancing AI Efficiency and ROI

    July 5, 2025

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025
    Categories
    • AI (2,700)
    • Amazon (1,056)
    • Corporation (991)
    • Crypto (1,132)
    • Digital Health Technology (1,082)
    • Event (526)
    • Microsoft (1,230)
    • New (9,584)
    • Startup (1,167)
    © 2025 TechGeekWire. Designed by TechGeekWire.
    • Home

    Type above and press Enter to search. Press Esc to cancel.