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The Latest Breaking News from Zhipu

China's AI Race Is Producing New Winners. Goldman Sachs Says A Few Models Are Pulling Ahead.

China's rapidly expanding artificial intelligence sector is beginning to produce clear leaders as companies compete to improve large language models and expand enterprise adoption.

International Business Times

Oil Price Alert: Crude Spikes Past £60 as Trump's War Rhetoric Threatens Strait of Hormuz Blockade

Global markets experienced volatility after President Trump cast doubt on the Iran ceasefire, causing oil prices to surge and stock indices to drop, impacting the energy and housing sectors.

International Business Times UK

Stock Index Futures Tumble as Oil Jumps After Trump Says U.S.-Iran Ceasefire Is Over, FOMC Minutes on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.96%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.34% this morning as sentiment took a hit after U.S. President Donald Trump declared an end to the ceasefire with Iran, sending oil prices and bond yields soaring.

Barchart

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Business Brief (June 22): China Rolls Out Sweeping Plan to Boost AI-Driven Consumption

Beijing urges platform giants to partner with SMEs in future industries, while AI startup Zhipu completes tutoring for Shanghai IPO

Caixin Global

Tech Brief (June 18): Tencent Lets AI Agent Make Purchases Through WeChat Pay

Crealights takes step closer to Hong Kong IPO, Alibaba Cloud expands global footprint

Caixin Global

China's Zhipu AI plans to apply for Shanghai's Sci-Tech Board listing

One of the leading players in China's crowded artificial intelligence sector, Zhipu AI, said the proposed issuance of A shares, each with a ‌nominal value ⁠of 0.10 ⁠yuan, would represent between 2% and 8% of the company's total share capital, or 9.1 million to 38.8 million shares.

The Economic Times

These are China's new AI models that have just been released ahead of the Lunar New Year

Major Chinese AI companies such as Alibaba, ByteDance, and Zhipu have all announced launches in the weeks leading up to the Lunar New Year, while the industry awaits a possible new drop byDeepSeek.

Euronews

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AI chip designer Biren’s shares surge 76% on debut in Hong Kong

Biren’s strong start will likely augur well for two other AI-related stocks—MiniMax and Zhipu—that are set to list in HK next week.

Fortune

Anthropic blocks Chinese-controlled firms from Claude AI — cites 'legal, regulatory, and security risks'

Anthropic has updated its terms of service to block access to its Claude AI models for any company that’s majority-owned or controlled by Chinese entities.

Tom’s Hardware

'Marathon At F1 Speed': China Bids To Lap US In AI Leadership

Beyond dancing robots and eager-to-help digital avatars, Shanghai's World AI Conference saw China stake its claim to global artificial intelligence leadership and frame itself as a clear alternative to the United States.

International Business Times

On The 'Front Line' Of China's AI Ambitions: OpenAI Flags Zhipu AI As Rising Rival Backed By $1.4B State Funding

Zhipu AI, founded in 2019, is one of China's so‑called "AI tigers" and a rising player in large language models aimed at reducing dependence on U.S. platforms, CNBC reports.

Benzinga

The Chinese AI companies that could match DeepSeek’s impact

DeepSeek roiled global markets and shocked Silicon Valley, but it’s just one of a raft of Chinese AI companies that could challenge US dominance

People

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