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Zhipu AI

AI · Beijing, CN · zhipuai.cn

Tsinghua-backed Chinese AI lab, first Chinese startup to release a proprietary large language model.

Founders

Tang Jie (China · ♂) — A Tsinghua AI professor and knowledge-graph researcher, Tang co-founded Zhipu AI in 2019 to commercialize the university's foundation-model and GLM large-language-model research.
Li Juanzi (China · ♀) — A Tsinghua professor specializing in knowledge graphs, Li co-founded Zhipu AI to take the lab's knowledge-engineering and large-model research to market.
Zhang Peng (China · ♂) — A Tsinghua computer-science PhD and data-science researcher, Zhang became Zhipu's CEO to operationalize the founders' academic AI work into a leading Chinese LLM company.

Date	Round	Amount
Jan 2026	Incoming IPO Zhipu AI listed on the Hong Kong Stock Exchange, opening at HK$120 per share with a market capitalization above HK$52.8 billion (about $6.8 billion), becoming the first listed company centered on AGI foundation models.	—
Jul 2025	Growth Zhipu AI announced a strategic investment of RMB 1 billion (~$140M) from Shanghai state funds Pudong VC and Zhangjiang Group, ahead of its IPO; valuation above RMB 20 billion.	$140M
Mar 2025	Funding round Zhipu AI raised over RMB 1B (~$140M) in strategic funding from Hangzhou government-backed investors to advance its GLM foundation models.	$140M
Dec 2024	Funding round Zhipu AI raised RMB 3B (~$412M) from strategic and state-owned investors, with existing backer Junlian Capital participating, to expand its multimodal base models.	$412M

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