Zhipu Declares the Successful Acquisition of Nearly US$5 Billion in Funding
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Author:小编   

On September 13, Zhipu made an announcement regarding the successful closure of a funding round that raised nearly US$5 billion. This substantial financial boost comprises roughly US$2 billion secured through share placements and an additional US$3 billion via the issuance of convertible bonds. The influx of capital is earmarked for advancing the development of the next-generation GLM model—a fully autonomous training system—enhancing computing infrastructure, and fueling business expansion initiatives.