Founded in 2019 as a spin-off from Tsinghua University, Zhipu AI has quickly cemented itself as one of China’s most promising artificial intelligence startups. Today, the company stands tall in the high-tech arena, not only competing with emerging firms such as Moonshot AI, Minimax, 01.AI, Baichuan, and StepFun, but also taking on established tech giants like ByteDance and Alibaba $BABA . With its groundbreaking strides, Zhipu AI is now preparing for its initial public offering—a move that could set a historical precedent for emerging AI companies in China.

The implementation of stringent regulations on artificial intelligence in the European Union has sparked dissatisfaction among international companies. The rapidly evolving AI sector faces bureaucratic and regulatory constraints that many experts and industry players believe hinder innovation and impede global development.