Zhipu AI

IPO

China's largest independent large language model developer

Public · Beijing, China · Founded 2019 · $5.5B raised

Headquarters
Beijing
Employees
501–1000
Founded
2019
Business Model
B2B
Website
z.ai
Total Funding
$5.5B
Last Round
$4.0B Venture RoundJul 2026
Rounds
6
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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 $5.5B in total across 6 rounds, most recently a $4.0B Venture Round in Jul 2026. Investors include Hangzhou City Investment Group Industrial Fund, Prosperity7 and Shangcheng Capital.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Venture RoundVenture RoundJul 2026
$4.0B

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Funding: Venture Round. Amounts, valuations, and investors where available.

Investors

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