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Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong (Themis Qi/South China Morning Post)

Themis Qi / South China Morning Post : Zhipu AI launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which ...

21 May 2025

AI model ranking project LMArena spins off from UC Berkeley and raises a $100M seed led by a16z and UC Investments, sources say at a $600M valuation (Bloomberg)

Bloomberg:
AI model ranking project LMArena spins off from UC Berkeley and raises a $100M seed led by a16z and UC Investments, sources say at a $600M valuation  —  An effort that began at UC Berkeley as a way to rank AI models has raised $100 million from investors including Andreessen Horowitz.

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