Alibaba, Tencent join in $340 million funding for AI startup Zhipu

Alibaba, Tencent join in $340 million funding for AI startup Zhipu

(Bloomberg) — Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Among them are influential Chinese investors who invested 2.5 billion yuan ($342 million) in artificial intelligence startup Zhipu this year, part of a wave of capital pouring into a hot field. . Most Read from Bloomberg The country’s two biggest tech companies have joined rivals …

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