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Chinese AI startup Zhipu announced a strategic investment of RMB 1 billion ($140 million) from Shanghai’s Pudong VC and Zhangjiang Group at its July 2 ecosystem conference, advancing its IPO plans. Zhipu, backed by Tsinghua University and one of China’s leading AI firms, began IPO counseling in April and has already raised over RMB 10 [……
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Zhipu secures $1.4 billion strategic investment from Shanghai state funds
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12:22
Chinese AI startup Zhipu announced a strategic investment of RMB 1 billion ($140 million) from Shanghai’s Pudong VC and Zhangjiang Group at its July 2 ecosystem conference, advancing its IPO plans. Zhipu, backed by Tsinghua University and one of China’s leading AI firms, began IPO counseling in April and has already raised over RMB 10
