AsianFin - Chinese AI unicorn Zhipu AI has successfully closed a new financing round, raising several billion yuan at a pre-money valuation of 20 billion yuan. The lead investor in this round is Zhongguancun Science City, a market-driven investment platform established by the Haidian District government in Beijing.

Zhipu AI, known for its large AI models, continues to attract significant investment as the company pushes forward in China's competitive AI sector.