The oldest Chinese AI unicorn is the first to be added to the U.S. entity list.
Zhipu AI CEO Zhang Peng addresses the audience during the company's large-scale model launch conference in Beijing, March 14, 2024. Credit: Zhipu AI
The launch of previously little-known DeepSeek’s low-cost, chip-efficient artificial intelligence model was a wake-up call for Silicon Valley, Wall Street and Washington when it comes to China’s AI challenge. Yet a fierce competition has long been underway between a wave of recently-founded Chinese firms already on DeepSeek’s tail.
In the coming weeks The Wire plans to highlight some of those firms, beginning with Beijing-based Zhipu, the oldest and largest of China’s AI unicorn
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