Zhipu AI, a unicorn company focusing on large model technology, recently announced the completion of multi-billion yuan financing, with a valuation of up to 20 billion yuan. This round of financing was led by Zhongguancun Science City Company. This is the third financing completed by Zhipu AI in 2024. This huge amount of funds will be mainly used to support the technological innovation and ecological development of Zhipu AI's domestic base large models, and further consolidate its position in the field of large models.
According to 36Kr news, recently Zhipu AI, a high-profile unicorn company in the field of large models, announced the completion of a round of multi-billion yuan financing. It is said that the funds will be used to support the technological innovation and ecological development of Zhipu’s domestic base model.
Before this financing, the valuation of Zhipu AI had reached 20 billion yuan, and the leading investor in this financing was Zhongguancun Science City Company, a market-oriented investment platform established by the Haidian District Government. It is worth mentioning that this is the third financing completed by Zhipu in 2024.
At present, Zhipu’s shareholder lineup is quite luxurious. In addition to Zhongguancun Science City, there are also well-known investment institutions such as Hillhouse Capital, Qiming Venture Partners, Legend Capital, and even Internet giants such as Meituan, Alibaba, Tencent, and Xiaomi.
Zhipu AI's strong financial strength and strong shareholder lineup indicate that its future development in the field of large models will be more worth looking forward to, and the competition for domestic large models will also become more intense.