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China's Zhipu AI raises $137m from state investors as AI race heats up

China's Zhipu AI raises $137m from state investors as AI race heats up

The offices of artificial intelligence tech company Scale AI in Montreal, Quebec, Canada April 7, 2024. REUTERS/Evan Buhler/File Photo

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment.

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