China AI

Zhipu vs MiniMax: China’s AI Unicorns Bet on Opposite Futures

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Date Round Amount Key Investors Aug 13, 2019 Strategic Tens of millions RMB CAS Star, Tsinghua University Asset Management, Fortune Capital, Huakong Fund, Jiangmen VC, Turing Ventures Sep 14, 2021 Series A Hundreds of millions RMB Luster LightVision, Xinglian Capital (Z Fund), Beijing Dafan, Tongzhi Investment, Xingtang Tongzhi, Rongpin Investment Sep 26, 2022 Series B … Read more

Kimi K3: The Chinese Model That Split Silicon Valley

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Moonshot AI founder Yang Zhilin presenting Kimi Chat’s long-context model capabilities. After DeepSeek, another Chinese model has rattled the United States. On July 22, four things happened in a single day. Michael Kratsios, head of the White House Office of Science and Technology Policy, publicly accused Moonshot AI on X of “large-scale distillation” of American … Read more