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.