Chinese AI Firm Zhipu Claims to Have Raised Over $341.8 Million This Year

Chinese tech giants have invested in AI firm Zhipu, raising more than 2.5 billion yuan this year.

Beijing Zhipu Huazhang Technology, a Chinese artificial intelligence-related startup, announced on Friday that it has raised more than 2.5 billion yuan ($341.82 million) this year.

Chinese tech titans Alibaba, Tencent, Meituan, and Xiaomi, as well as Hillhouse and Legend Capital, have all invested, Zhipu stated.

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