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Zhipu Huazhang has made history by becoming the first prominent startup in the large model sector to embark on the Initial Public Offering (IPO) journey, with China International Capital Corporation (CICC) providing advisory services. The anticipated completion of this process is set for October 2025. Rooted in the technological advancements of Tsinghua University, the company has launched several large models and successfully secured multiple funding rounds, achieving a valuation exceeding RMB 20 billion. The actual controllers, Tang Jie and Liu Debing, collectively hold 36.9647% of the voting rights. Zhipu Huazhang specializes in cognitive intelligence large models and the AIGC domain, advocating the Model-as-a-Service (MaaS) concept. It is dedicated to fostering AI technological innovation and promoting its applications.
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