Chinese ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/artificial-intelligence” target=”_blank”>artificial intelligence startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zhipu-ai” target=”_blank”>Zhipu AI has initiated preliminary steps toward an initial public offering, aiming to become the first of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/china” target=”_blank”>China‘s emerging AI companies to go public.
Founded in 2019 as a Tsinghua University spinoff, Zhipu AI has emerged among China’s front-runners in the artificial intelligence race, alongside AI-focused startups Moonshot AI, Minimax, 01.AI, Baichuan, and StepFun, while also competing with tech giants such as ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bytedance” target=”_blank”>ByteDance and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/alibaba” target=”_blank”>Alibaba in the sector.
The company attracted attention earlier this year after securing…
