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Alibaba-Backed AI Startup Zhipu Aims for IPO by 2025 Amid Growing Market Demand

Alibaba-Backed AI Startup Zhipu Aims for IPO by 2025 Amid Growing Market Demand
1 month ago

In a bold move signaling its ambitious growth trajectory, Zhipu AI, an artificial intelligence startup supported by Alibaba, has set its sights on an initial public offering (IPO) as early as 2025. This strategic decision comes as the global AI sector continues to surge, driven by rapid advancements and expanding applications of AI technologies across multiple industries.

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China's Zhipu Launches Complimentary AI Assistant as a Competitive Response to DeepSeek Manus

China's Zhipu Launches Complimentary AI Assistant as a Competitive Response to DeepSeek Manus
2 months ago

In a strategic move to bolster its position in the rapidly evolving AI landscape, Chinese artificial intelligence company Zhipu has unveiled a free version of its AI agent. This initiative comes in direct response to the recently launched DeepSeek Manus, a competing AI product recognized for its capabilities and market presence. By offering this no-cost solution, Zhipu aims to attract a broader user base while setting itself apart in a crowded market.

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Alibaba-Backed Zhipu Secures $140 Million in Funding Amid Surge in AI Competitors

Alibaba-Backed Zhipu Secures $140 Million in Funding Amid Surge in AI Competitors
3 months ago

In a significant development for the artificial intelligence sector, Zhipu AI, a company partially backed by tech giant Alibaba, has successfully raised $140 million in its latest funding round. This investment comes at a time when competition amongst AI startups is intensifying, particularly in the wake of advancements made by companies like DeepMind and OpenAI.

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