31 May 2024

Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a $3B valuation, making it the only foreign investor in Chinese generative AI (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a $3B valuation, making it the only foreign investor in Chinese generative AI  —  Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI  —  A Saudi Arabian fund has backed China's …

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