Zhipu AI
Zhipu AI (智谱AI), formally known as Beijing Zhipu Huazhang Technology,[1] is a Chinese technology company specializing in artificial intelligence. As of 2024, it is one of China's "AI Tiger" companies by investors and considered to be the third largest LLM market player in China's AI industry according to the International Data Corporation.[2]
History
[edit]The startup company began from Tsinghua University.[3] In 2023, it raised 2.5 billion yuan with the help of Alibaba Group Holding and Tencent Holdings.[4][5][6] Other investors of the company include Ant Group, Meituan, Xiaomi and HongShan.[5]
In May 2024, Prosperity7 Ventures, LLC, a Saudi Arabian finance firm, funded Zhipu AI 400 million USD.[7]
In March 2024, Zhipu AI said that they were developing a Sora-like technology to achieve artificial general intelligence (AGI).[8] In July 2024, they debuted their "Ying" text-to-video model.[9]
After OpenAI announced an API block for their services in some areas beginning on July 2024, Zhipu AI have announced a "Special Migration Program" for OpenAI API users.[10]
Products and services
[edit]Ying
[edit]Debuted in July 2024, Ying is a text-to-video model that can generate image and text prompts into a six second video clip for around 30 seconds. The service is available at their official website and mobile applications integrated with their ChatGLM chatbot.[9]
References
[edit]- ^ "Tech unicorn Zhipu AI joins China's LLM price war". South China Morning Post. 2024-06-05. Retrieved 2024-08-24.
- ^ "Baidu, SenseTime lead China's market for business-focused LLMs, says IDC". South China Morning Post. 2024-08-22. Retrieved 2024-08-24.
- ^ "China's AI startups race for customers as titans like Alibaba cut prices". Nikkei Asia. Retrieved 2024-08-24.
- ^ Kharpal, Arjun (2023-10-20). "Alibaba, Tencent among investors in China's rival to OpenAI with $341 million funding". CNBC. Retrieved 2024-08-24.
- ^ a b "Alibaba and Tencent lead US$342 million total investment this year in Zhipu AI". South China Morning Post. 2023-10-20. Retrieved 2024-08-24.
- ^ "Alibaba, Tencent Join Big Backers for Chinese AI Startup Zhipu". Bloomberg.com. 2023-10-20. Retrieved 2024-08-24.
- ^ "Saudi Fund Joins $400 Million Financing for China AI Firm Zhipu". Bloomberg.com. 2024-05-31. Retrieved 2024-08-24.
- ^ "Zhipu AI says it is developing Sora-like technology as a path to AGI". South China Morning Post. 2024-03-16. Retrieved 2024-08-24.
- ^ a b "Zhipu AI launches video model as more Chinese tech firms take on OpenAI's Sora". South China Morning Post. 2024-07-27. Retrieved 2024-08-24.
- ^ "Chinese AI firms woo OpenAI users as U.S. company plans API restrictions". CNBC. 2024-06-25. Retrieved 2024-08-24.