Zhipu AI

IPO

China's largest independent large language model developer

Public · Beijing, China · Founded 2019 · $1.5B raised

Headquarters
Beijing
Employees
501–1000
Founded
2019
Business Model
B2B
Website
z.ai
Total Funding
$1.5B
Last Round
$140.0M Venture RoundJul 2025
Rounds
5
Type
Public

About

Zhipu AI (Z.ai) develops the GLM family of large language models, including open-source and commercial variants for coding, reasoning, and long-horizon agentic tasks. Backed by Alibaba and HongShan, Zhipu serves enterprises and developers through its BigModel platform and Z.ai API, with models available on Hugging Face under MIT license.

Summary

Zhipu AI is an Artificial Intelligence company based in Beijing, China, founded in 2019. It has raised $1.5B in total across 5 rounds, most recently a $140.0M Venture Round round in Jul 2025. Investors include Hangzhou City Investment Group Industrial Fund, Prosperity7 and Shangcheng Capital.

Tech & App Stack

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Funding History

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Venture RoundVenture RoundJul 2025
$140.0M

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Venture Round — per-round amounts, valuations, and who invested in each round.

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