Zhipu AI Secures Strategic Financing from Hangzhou State-Owned Investors – Pandaily
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Everything about China's Innovation
On March 3rd, Zhipu AI, one of China’s leading AI companies known as the “Six Tigers”, announced a strategic financing round exceeding 1 billion RMB, with participation from state-owned investors in Hangzhou.
This funding aims to drive innovation and ecosystem development for Zhipu AI’s domestic GLM large model. The company plans to make 2025 its open-source year, with a new large model set for release soon.
In December 2024, Zhipu AI completed a financing round of around 3 billion RMB, revealing impressive achievements such as over 100% revenue growth in commercialization and a 150-fold increase in daily platform token consumption.
Zhipu AI has secured 13 rounds of financing to date, with major investors from Beijing, including companies from Zhongguancun Science City and the Beijing Artificial Intelligence Industry Investment Fund. A significant financing round in September 2024 helped Zhipu AI reach a valuation of 20 billion RMB.
The rise of DeepSeek has caused significant shifts in the domestic AI market among the “Six Tigers,” prompting a focus on commercialization and open-source strategies.
Zhipu AI has traditionally operated with a dual B2B and B2C business model. In the B2B sector, Zhipu offers API call charges, cloud privatization, and on-premises privatization. The company has also partnered with major players like Samsung and Honor, embedding its large model in the system layer of Samsung’s Galaxy S25 series for the Chinese market.
On the B2C side, Zhipu relies on subscription fees from its Zhipu Qingyan app, which boasted 7.02 million monthly active users in January 2025.
DeepSeek’s success has influenced strategic shifts in other major large model companies. For instance, Kimi, known for its heavy marketing investment strategy, is reportedly reassessing this approach to focus more on basic model training.
Moonshot is emphasizing State-of-the-Art (SOTA) basic models and may retrain these models to capitalize on application layer opportunities, including the development of DeepResearch for deep research fields.
01.AI is likely seeking growth in the B2B sector, with CEO Kai-fu Lee indicating a shift in strategy following the release of the Yi-Large model last year.
MiniMax recently open-sourced the new 01 series model, supporting up to 4 million tokens for context input. Bai Chuan Intelligence is concentrating on applying large models in the medical field, with plans to launch five AI medical products in collaboration with the National Children’s Medical Center, Beijing Children’s Hospital.
As of now, 01.AI, MiniMax, and Jieyue Xingchen have integrated with DeepSeek, while Zhipu AI has announced that 2025 will be their year of open source.
SEE ALSO: Insta360 Receives IPO Approval in Mainland China
Kimi internal sources revealed that the AI video production feature ‘Kimi Creation Space’ is currently in the gray test stage.
Kimi k1.5, developed by Chinese AI startup Moonshot AI, matches the powerful O1 model in reasoning tests without any limitations, marking a significant advancement in AI.
On September 4th, Chinese AI start-up Zhipu AI and smartphone manufacturer Honor officially announced that they had signed an agreement to establish a joint laboratory focusing on large-scale AI model technology.
VIDU, a text-to-image video multimodal model developed by ShengShu Technology, has introduced a new feature called Subject Consistency.
Pandaily is a tech media based in Beijing. Our mission is to deliver premium content and contextual insights on China’s technology scene to the worldwide tech community.
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हम यह भी हिन्दी भाषा का समर्थन है, आप इसे करने के लिए परिवर्तन करना चाहते हैं?
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ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?
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ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ
We also support Nepali language, do you want change to it?
हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?
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Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?
We also support Malay language, do you want change to it?
Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?
We also support Indonesian language, do you want change to it?
Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?
We also support Thai language, do you want change to it?
นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Everything about China's Innovation
On March 3rd, Zhipu AI, one of China’s leading AI companies known as the “Six Tigers”, announced a strategic financing round exceeding 1 billion RMB, with participation from state-owned investors in Hangzhou.
This funding aims to drive innovation and ecosystem development for Zhipu AI’s domestic GLM large model. The company plans to make 2025 its open-source year, with a new large model set for release soon.
In December 2024, Zhipu AI completed a financing round of around 3 billion RMB, revealing impressive achievements such as over 100% revenue growth in commercialization and a 150-fold increase in daily platform token consumption.
Zhipu AI has secured 13 rounds of financing to date, with major investors from Beijing, including companies from Zhongguancun Science City and the Beijing Artificial Intelligence Industry Investment Fund. A significant financing round in September 2024 helped Zhipu AI reach a valuation of 20 billion RMB.
The rise of DeepSeek has caused significant shifts in the domestic AI market among the “Six Tigers,” prompting a focus on commercialization and open-source strategies.
Zhipu AI has traditionally operated with a dual B2B and B2C business model. In the B2B sector, Zhipu offers API call charges, cloud privatization, and on-premises privatization. The company has also partnered with major players like Samsung and Honor, embedding its large model in the system layer of Samsung’s Galaxy S25 series for the Chinese market.
On the B2C side, Zhipu relies on subscription fees from its Zhipu Qingyan app, which boasted 7.02 million monthly active users in January 2025.
DeepSeek’s success has influenced strategic shifts in other major large model companies. For instance, Kimi, known for its heavy marketing investment strategy, is reportedly reassessing this approach to focus more on basic model training.
Moonshot is emphasizing State-of-the-Art (SOTA) basic models and may retrain these models to capitalize on application layer opportunities, including the development of DeepResearch for deep research fields.
01.AI is likely seeking growth in the B2B sector, with CEO Kai-fu Lee indicating a shift in strategy following the release of the Yi-Large model last year.
MiniMax recently open-sourced the new 01 series model, supporting up to 4 million tokens for context input. Bai Chuan Intelligence is concentrating on applying large models in the medical field, with plans to launch five AI medical products in collaboration with the National Children’s Medical Center, Beijing Children’s Hospital.
As of now, 01.AI, MiniMax, and Jieyue Xingchen have integrated with DeepSeek, while Zhipu AI has announced that 2025 will be their year of open source.
SEE ALSO: Insta360 Receives IPO Approval in Mainland China
Kimi internal sources revealed that the AI video production feature ‘Kimi Creation Space’ is currently in the gray test stage.
Kimi k1.5, developed by Chinese AI startup Moonshot AI, matches the powerful O1 model in reasoning tests without any limitations, marking a significant advancement in AI.
On September 4th, Chinese AI start-up Zhipu AI and smartphone manufacturer Honor officially announced that they had signed an agreement to establish a joint laboratory focusing on large-scale AI model technology.
VIDU, a text-to-image video multimodal model developed by ShengShu Technology, has introduced a new feature called Subject Consistency.
Pandaily is a tech media based in Beijing. Our mission is to deliver premium content and contextual insights on China’s technology scene to the worldwide tech community.
We also support Hindi language, do you want change to it?
हम यह भी हिन्दी भाषा का समर्थन है, आप इसे करने के लिए परिवर्तन करना चाहते हैं?
We also support Punjabi language, do you want change to it?
ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?
We also support Bengali language, do you want change to it?
আমরা বাংলা ভাষা সমর্থন, আপনি এটি পরিবর্তন করতে চান?
We also support Burmese language, do you want change to it?
ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ
We also support Nepali language, do you want change to it?
हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?
We also support Tagalog language, do you want change to it?
Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?
We also support Malay language, do you want change to it?
Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?
We also support Indonesian language, do you want change to it?
Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?
We also support Thai language, do you want change to it?
นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
