20 October 2023

Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023 (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023  —  - Zhipu has raised $342 million this year from investors  — Chinese AI firms are raising hundreds of millions for US race

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