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Friday, September 11, 2026
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Tencent

Chinese tech giants Alibaba and Tencent invested in Zhipu, a competitor to OpenAI

Chinese tech giants Alibaba and Tencent invested in Zhipu, a competitor to OpenAI

China’s largest tech companies, including Alibaba and Tencent, have funded Zhipu, a startup that is seen in China as a response to the American OpenAI. What is known This year, Zhipu has raised 2.5 billion yuan (about $341 million), the company said in a statement. Investors include venture capital funds Sequoia and Hillhouse, as well […]