Latest news with #ZhipuAI
South China Morning Post
21-05-2025
- Business
- South China Morning Post
China's ‘AI tigers' Zhipu, Moonshot accused of collecting excessive data with chatbot apps
Some of China's most popular artificial intelligence (AI) chatbot apps, made by leading developers including Zhipu AI and Moonshot AI, had been collecting excessive user information, authorities found. Zhipu's Qingyan, also known as ChatGLM, was found to have collected information beyond what users authorised, while Moonshot's Kimi had accessed data irrelevant to its functions, according to a list published on the WeChat account of the National Cyber Security Information Centre on Tuesday. Neither Zhipu nor Moonshot, start-ups that are both based in Beijing, immediately responded to requests for comment on Wednesday. Their chatbots are among the most competitive alternatives to OpenAI's ChatGPT, which is officially unavailable in China Moonshot AI founder Yang Zhilin introduces the company's Kimi chatbot. Photo: Weibo/极客公园 ChatGLM and Kimi ranked among the 10 most popular AI applications in the country, boasting a combined total of nearly 35 million monthly active users as of April, according to which tracks the popularity of AI apps and services
South China Morning Post
14-05-2025
- Business
- South China Morning Post
China's Zhipu eyes expansion via Belt and Road Initiative as global AI market heats up
The Belt and Road Initiative is an ongoing effort to link economies into a China-centred trade network, largely via state-backed megaprojects abroad. Belt and Road work could eventually cost Beijing US$1 trillion to US$8 trillion over an unspecified period, the Centre for Strategic and International Studies think tank estimated in 2018. Zhipu AI's plan reflects intensifying efforts by both Chinese and US companies to widen the adoption of their AI models and applications beyond their home markets. At a trade event in Singapore last month, a Zhipu AI executive revealed that the company has been pitching governments around the world to help them launch localised sovereign AI agents, according to a report by Reuters. AI agents are programs that are capable of autonomously performing tasks on behalf of a user or another system. Essentially, these agents create a plan of specific tasks and subtasks to complete a goal using their available resources.
Time of India
23-04-2025
- Business
- Time of India
Zhipu AI ramps up overseas expansion strategy ahead of IPO
China's Zhipu AI is ramping up its overseas expansion through a partnership with Alibaba Cloud , an executive said on Wednesday, as the startup prepares for an initial public offering. The Beijing-headquartered startup is pitching governments globally to help them launch localised sovereign AI agents, vice-president Carol Lin told an audience at tech conference GITEX Asia . The company now has offices in the Middle East, Singapore, the United Kingdom and Malaysia, and is running joint " innovation centers " across Asia, including in Indonesia and Vietnam, she said. 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, and Baichuan, while also competing with tech giants such as ByteDance and Alibaba. It initiated preliminary steps toward an initial public offering this month, according to filings posted on the Chinese securities regulator's website, aiming to become the first of China's emerging AI companies to go public. The company secured three rounds of state-backed funding within weeks in March, including a 300 million yuan ($41.5 million) investment from the Chengdu municipal government. Live Events Zhipu was added to the U.S. Commerce Department's export control entity list in January, barring it from procuring U.S. components. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories An advertisement for Zhipu's GLM shown during the presentation depicted a foreigner arriving in Beijing and using the firm's AI agent to send a WhatsApp message and search on Google Maps and Reddit for Beijing recommendations.
Reuters
23-04-2025
- Business
- Reuters
Zhipu AI ramps up overseas expansion strategy ahead of IPO
SINGAPORE April 23 - China's Zhipu AI is ramping up its overseas expansion through a partnership with Alibaba Cloud, an executive said on Wednesday, as the startup prepares for an initial public offering. The Beijing-headquartered startup is pitching governments globally to help them launch localised sovereign AI agents, vice-president Carol Lin told an audience at tech conference GITEX Asia. The company now has offices in the Middle East, Singapore, the United Kingdom and Malaysia, and is running joint 'innovation centers' across Asia, including in Indonesia and Vietnam, she said. 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, and Baichuan, while also competing with tech giants such as ByteDance and Alibaba ( opens new tab. It initiated preliminary steps toward an initial public offering this month, according to filings posted on the Chinese securities regulator's website, aiming to become the first of China's emerging AI companies to go public. The company secured three rounds of state-backed funding within weeks in March, including a 300 million yuan ($41.5 million) investment from the Chengdu municipal government. Zhipu was added to the U.S. Commerce Department's export control entity list in January, barring it from procuring U.S. components. An advertisement for Zhipu's GLM shown during the presentation depicted a foreigner arriving in Beijing and using the firm's AI agent to send a WhatsApp message and search on Google Maps and Reddit for Beijing recommendations.
Yahoo
23-04-2025
- Business
- Yahoo
Zhipu AI ramps up overseas expansion strategy ahead of IPO
SINGAPORE - China's Zhipu AI is ramping up its overseas expansion through a partnership with Alibaba Cloud, an executive said on Wednesday, as the startup prepares for an initial public offering. The Beijing-headquartered startup is pitching governments globally to help them launch localised sovereign AI agents, vice-president Carol Lin told an audience at tech conference GITEX Asia. The company now has offices in the Middle East, Singapore, the United Kingdom and Malaysia, and is running joint 'innovation centers' across Asia, including in Indonesia and Vietnam, she said. 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, and Baichuan, while also competing with tech giants such as ByteDance and Alibaba. It initiated preliminary steps toward an initial public offering this month, according to filings posted on the Chinese securities regulator's website, aiming to become the first of China's emerging AI companies to go public. The company secured three rounds of state-backed funding within weeks in March, including a 300 million yuan ($41.5 million) investment from the Chengdu municipal government. Zhipu was added to the U.S. Commerce Department's export control entity list in January, barring it from procuring U.S. components. An advertisement for Zhipu's GLM shown during the presentation depicted a foreigner arriving in Beijing and using the firm's AI agent to send a WhatsApp message and search on Google Maps and Reddit for Beijing recommendations. Sign in to access your portfolio
