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Alibaba, Tencent-backed China's Zhipu AI secures $137 million funding

Chinese AI startup Zhipu, which is backed by companies including Alibaba (NYSE:BABA) and Tencent Holdings (OTCPK:TCEHY), has secured more than 1 billion yuan ($137.22 million), in its latest funding round.

U.S. News & World Report · 1d

China's Zhipu AI Raises $137 Million as State Funds Bet on AI Race

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China's AI sector,

Bloomberg on MSN · 1d

Alibaba-Backed Zhipu Raises $140 Million as DeepSeek Heats Up AI

Chinese startup Zhipu raised more than 1 billion yuan ($140 million) in a financing round led by local government-backed firms, underscoring the growing interest in domestic AI following DeepSeek’s ascent.

Alibaba, Tencent, and GDS Holdings Fell as Trump Ratchets Up Tariff Talk

When you invest in Chinese stocks, the regulatory landscape in China and geopolitical tensions are going to be a big part of ...

Tencent’s AI Bot Passes DeepSeek as China’s Favorite on iPhones

Tencent Holdings Ltd.’s Yuanbao AI chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, ...

Yicai Global2h

Foreign Investors Remain Upbeat on Chinese Tech Stocks, Financial Expert Says

Chinese tech stocks are valued at half the price of US tech stocks, an investment manager from a mid-sized US mutual fund ...

20h

China Market Update: Downloads Of Alibaba’s AI Model Exceed DeepSeek

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for ...

4don MSN

New AI Model Claims to be Faster Than DeepSeek and ChatGPT

Chinese tech company has released Hunyuan Turbo S model that compares favorably to chatbots from DeepSeek, OpenAI and Meta.

10d

Why Are Alibaba and Other Chinese Tech Stocks up So Much?

Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year ...

3don MSN

Tencent fires up AI race with 'Hunyuan Turbo S', says outdoes DeepSeek

The Hunyuan Turbo S artificial intelligence model is designed to respond as instantly as possible, distinguishing itself from ...

Tencent (TCEHY) Slams “Slow Thinking” Rival DeepSeek as it Unveils New AI Model

The AI bragging rights war heated up today as Chinese tech giant Tencent (TCEHY) released a new AI model which it said blew ...

Business Times8h

Tencent’s AI bot passes DeepSeek as China’s favourite on iPhones

TENCENT Holdings’s Yuanbao artificial intelligence (AI) chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition. Read ...

Alibaba's Earnings Surge: Strong Growth, AI Potential, and Undervalued Upside

Alibaba Group Holding Limited recently delivered earnings that surpassed expectations, sending its stock soaring. With this ...

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