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

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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