15-04-2025
Alibaba-Backed AI Startup Zhipu Targets IPO as Soon as 2025
Zhipu has enlisted China International Capital Corp. to spearhead an initial public offering as soon as this year, angling to become the first of several prominent ChatGPT-competitors to tap public markets.
The six-year-old firm and CICC have begun to prepare for the debut and could formally apply to list by October, according to IPO documents filed with the country's stock markets watchdog.
