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Two Chinese challengers to ChatGPT are set to go public this week.
Zhipu AI and MiniMax will debut on the Hong Kong Stock Exchange on January 8 and 9, respectively, ahead of U.S. giants OpenAI and Anthropic. The two U.S. giants behind ChatGPT and Claude are laying the groundwork to go public this year, Reuters and Financial Times have reported.
Zhipu is seeking $560 million and MiniMax up to $539 million, according to prospectus filings. Both stocks have been oversubscribed, with…
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Two Chinese challengers to ChatGPT are set to go public this week.
Zhipu AI and MiniMax will debut on the Hong Kong Stock Exchange on January 8 and 9, respectively, ahead of U.S. giants OpenAI and Anthropic. The two U.S. giants behind ChatGPT and Claude are laying the groundwork to go public this year, Reuters and Financial Times have reported.
Zhipu is seeking $560 million and MiniMax up to $539 million, according to prospectus filings. Both stocks have been oversubscribed, with…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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