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Modular
VS
Z.ai

AI infra comparison — funding, valuation, and investors, sourced from Value Add Pulse coverage.

M
Modular

Modular builds AI infrastructure software — the Mojo programming language and MAX AI compute platform — designed to unify and speed up AI model deployment across hardware and break Nvidia's CUDA lock-in.

4 Pulse stories
Z
Z.ai

Z.ai (formerly Zhipu AI) is a Beijing-based AI lab developing the GLM family of large language models and agentic developer tools like ZCode.

3 Pulse stories
Total Raised
$380M
ModularZ.ai
Last Valuation
$1.6B (last independent round; later acquired by Qualcomm for ~$3.9B)
ModularZ.ai
AI infra
Sector
AI infra
2022
Founded
2019
Palo Alto, California
HQ
Beijing, China
Private
Status
Public (2513.HK)
Modular investors
GV (Google Ventures)General CatalystGreylock PartnersDFJ GrowthUS Innovative Technology (Thomas Tull)
Z.ai investors
AlibabaTencentAnt GroupMeituanXiaomiHillhouseQiming Venture PartnersProsperity7 Ventures

Data from Value Add Pulse coverage and company research — see the full threads for Modular and Z.ai.

@Trace_Cohen·t@nyvp.com