Recently, Zhuhai Huafa Group officially announced that it has made strategic investments in Zhipu, a leading domestic AI model enterprise, with an investment amount of up to RMB 500 million. This investment aims to promote the technological innovation and ecological development of the GLM model of Zhipu Base, marking the official participation of Zhuhai State-owned Assets in Zhipu's investment lineup.
Since last year, Zhipu has shown strong momentum in financing. On December 17 last year, Zhipu successfully completed a new round of 3 billion yuan in financing, introducing a number of strategic investors and state-owned institutions, including Zhongguancun Science City, Haidian, Beijing. In March this year, Zhipu completed another strategic financing of more than 1 billion yuan, and investors included well-known companies such as Hangzhou Urban Investment Industrial Fund and Shangcheng Capital. With the addition of Zhuhai Huafa Group, Zhipu's investor team has further grown, covering state-owned assets in many places such as Beijing, Hangzhou, and Zhuhai.
As the first domestic AI big model innovation company to break through the 20 billion mark, Zhipu not only has a leading position in the industry in valuation, but also shows huge potential in technical strength and market prospects. The company previously revealed that 2025 will be its open source year, and will release new big models including docking, reasoning, multimodal, and Agent, and plans to open source them to inject new vitality into the development of the AI industry.
Zhuhai said that this cooperation will help promote the construction of Zhuhai’s “Cloud Smart City”, accelerate the implementation and application of AI technology in Zhuhai, and create a competitive AI industry ecosystem. Zhipu said that it will continue to uphold an open and cooperative attitude, work together with all parties to jointly promote the prosperity and development of the AI industry.