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Company Snapshot
Zhipu AI is a AI infra company, based in Beijing, China, founded 2019. Total funding $558M (Hong Kong IPO) (As of Jan 8, 2026).
Recent changes
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jan 8, 2026 | IPO | $558M | — | CNBC |
Latest Pulse
- Sep 18, 2026Tsinghua Professor's Stealth LLM Startup Hits $1.4BA stealth-mode Chinese LLM startup founded in February by a Tsinghua University professor has quietly reached a $1.4 billion valuation after raising $400 million across three rounds, including from Tencent.→
- Sep 3, 2026Moonshot AI Confidentially Files for $3B HK IPOMoonshot AI, maker of the Kimi chatbot, confidentially filed to list on the Hong Kong Stock Exchange and is aiming to raise $3 billion, Reuters reported; the company has separately been valued at $50 billion in an ongoing private funding round, even as US officials weigh sanctions over its Nvidia chip use.→
- Aug 16, 2026China Weighs Export Controls on AI Models, ChipsChina's Ministry of Commerce is weighing export controls on advanced AI models, training data and chipmaking access, including barring TSMC from producing chips based on Chinese company designs.→
- Jul 12, 2026Goldman Names Its Preferred Chinese AI ModelsGoldman Sachs research named Zhipu, DeepSeek and ByteDance its preferred Chinese AI models, ranked ahead of Alibaba and Tencent on speed-to-market, and recommended rotating out of Korean AI stocks into a long China AI basket.→
- Jul 6, 2026Tencent's Hy3 Takes on GLM-5.2 at Half the SizeTencent's Apache-licensed Hy3 model wins most benchmarks against GLM-5.2 at roughly half the parameter count, though it still trails on coding tasks, intensifying China's open-weight model race.→
- Jul 6, 2026Tencent's Open Hy3 Model Beats GLM-5.2 at Half the SizeTencent released Hy3, an Apache-licensed open-weight model roughly half the parameter count of Zhipu's GLM-5.2, claiming wins across most benchmark categories except coding tasks -- intensifying the open-model race among Chinese AI labs.→
- Jul 2, 2026Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and CopilotZ.ai, the Beijing lab formerly known as Zhipu AI, officially launched ZCode on July 2 — a free, agent-first development environment purpose-built for its GLM-5.2 model, with subscription plans starting at $16.20/month, up to 82% cheaper than Anthropic's Claude Opus 4.8 API pricing. The launch lands three weeks after a US export-control order briefly suspended foreign access to Anthropic's Claude Fable 5 and Mythos 5, an episode Z.ai's timing has directly capitalized on, with GLM-5.2 running entirely on Huawei silicon and ranking second globally on the Code Arena leaderboard behind only Claude Fable 5.→
- Jun 16, 2026GLM-5.2 Becomes the Leading Open-Weights Model on Artificial AnalysisGLM-5.2 took the top spot among open-weights models on the Artificial Analysis Intelligence Index, narrowing the gap to the closed frontier labs. For builders, a state-of-the-art model you can self-host is the strongest hedge yet against the regulatory and vendor risk that just took down Fable 5.→
Coverage Timeline
newest first- Jul 12, 2026AIGoldman Names Its Preferred Chinese AI ModelsPT HK$1,880 (Zhipu)→
- Jul 6, 2026AITencent's Hy3 Takes on GLM-5.2 at Half the SizeWins most benchmarks at ~50% size→
- Jul 6, 2026AITencent's Open Hy3 Model Beats GLM-5.2 at Half the SizeHalf-size open model, Apache 2.0→
- Jun 16, 2026AIGLM-5.2 Becomes the Leading Open-Weights Model on Artificial Analysis→
All Coverage
AIPT HK$1,880 (Zhipu)
Goldman Names Its Preferred Chinese AI Models
Goldman Sachs research named Zhipu, DeepSeek and ByteDance its preferred Chinese AI models, ranked ahead of Alibaba and Tencent on speed-to-market, and recommended rotating out of Korean AI stocks into a long China AI basket.
Tencent's Hy3 Takes on GLM-5.2 at Half the Size
AIWins most benchmarks at ~50% size
Tencent's Hy3 Takes on GLM-5.2 at Half the Size
Tencent's Apache-licensed Hy3 model wins most benchmarks against GLM-5.2 at roughly half the parameter count, though it still trails on coding tasks, intensifying China's open-weight model race.
Tencent's Open Hy3 Model Beats GLM-5.2 at Half the Size
AIHalf-size open model, Apache 2.0
Tencent's Open Hy3 Model Beats GLM-5.2 at Half the Size
Tencent released Hy3, an Apache-licensed open-weight model roughly half the parameter count of Zhipu's GLM-5.2, claiming wins across most benchmark categories except coding tasks -- intensifying the open-model race among Chinese AI labs.
GLM-5.2 Becomes the Leading Open-Weights Model on Artificial Analysis
AI
GLM-5.2 Becomes the Leading Open-Weights Model on Artificial Analysis
GLM-5.2 took the top spot among open-weights models on the Artificial Analysis Intelligence Index, narrowing the gap to the closed frontier labs. For builders, a state-of-the-art model you can self-host is the strongest hedge yet against the regulatory and vendor risk that just took down Fable 5.
Value Add Research
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Zhipu AI FAQ
How much has Zhipu AI raised?
Zhipu AI has raised $558M (Hong Kong IPO) in total funding (As of Jan 8, 2026, CNBC).
Is Zhipu AI publicly traded?
Yes. Zhipu AI trades under the ticker 2513.HK.
Sources & methodologyshow
Where these figures come from
- CNBCmajor outlet2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.