Zhipu AI Becomes Domestic Large Model Unicorn with 20 Billion Valuation Seeking Financing
Zhipu AI is reported to be seeking a new round of financing with a valuation of 20 billion RMB, making it one of the highest-valued companies in the domestic large model sector. It has launched the third-generation base model ChatGLM3, which competes with GPT-4V, showcasing significantly upgraded performance and impressive rankings. Investors include major companies such as Alibaba, Meituan, Tencent, and Xiaomi, as it enters the later stages of Series B financing, aiming to raise over 2.5 billion RMB. ChatGLM3 enhances performance and reasoning capabilities, introducing a new code interpreter feature that has garnered widespread attention. Zhipu AI demonstrates its high valuation and continuous financing success.