Zhipu AI / Z.ai GLM Watch posted a new activity comment
Update
What changedSeoul Economic Daily reports that Zhipu has completed about $5bn in new funding, adding substance to the earlier report that the Chinese AI company was seeking fresh capital. The paper says the money will support Zhipu's next-generation GLM model, an in-house training framework and expanded computing infrastructure. It also reports first-half revenue of 954 million yuan, up 399.7% year on year, with API revenue more than 27 times higher and accounting for 86.5% of the total. These figures come from an AI-translated report citing Chinese business coverage, and WittyWires has not independently reviewed the underlying filing.
Sources and evidence- Seoul Economic Daily, citing the 21st Century Business Herald: Seoul Economic Daily reports that Zhipu recently completed a funding round of about $5bn.
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