4 d. ago China’s Zhipu Unveils New AI Model Trained on Huawei’s Chips

China’s Zhipu Unveils New AI Model Trained on Huawei’s Chips  Bloomberg.com

Politics

9 d. ago MiniMax and Zhipu’s stellar Hong Kong IPOs supercharge China’s AI ambitions

The red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China’s hopefuls to take on US giants like OpenAI and Anthropic, have given a boost to Beijing’s ambitions in the artificial intelligence sector, according to executives and industry watchers. While Zhipu’s valuation of about US$9 billion and MiniMax’s market cap of US$14 billion remain tiny compared with the US giants – OpenAI is worth about US$500 billion and Anthropic’s valuation is estimated at about...

Politics

1 week ago China’s first 'AI tiger' goes public as Zhipu climbs in Hong Kong debut

China’s first 'AI tiger' goes public as Zhipu climbs in Hong Kong debut  CNBC

Politics

1 week ago The first of China’s 'AI tigers' goes public as Zhipu climbs in Hong Kong debut

The first of China’s 'AI tigers' goes public as Zhipu climbs in Hong Kong debut  CNBC

Politics

1 week ago China’s OpenAI Rival Zhipu Debuts in HK After $558 Million IPO

China’s OpenAI Rival Zhipu Debuts in HK After $558 Million IPO  Bloomberg.com

Economics

2 w. ago China’s Zhipu AI launches US$560 million share sale as Hong Kong’s IPO tech race heats up

Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the first large language model (LLM) developer listed in Hong Kong amid a surge of technology initial public offerings (IPOs). The start-up, officially known as Knowledge Atlas Technology and marketed overseas as Z.ai, set its offer price at HK$116.20 for more than 37 million shares, with 10 per cent allocated to retail investors. The company plans...

Economics

2 w. ago China's Zhipu and MiniMax race to go public ahead of OpenAI and Anthropic

China's Zhipu and MiniMax race to go public ahead of OpenAI and Anthropic  Nikkei Asia

Politics