Saudi Arabia

According to foreign media reports, Prosperity7, the venture capital arm of Saudi Aramco, the state-owned oil group of Saudi Arabia, recently participated in a new round of financing for Zhipu AI, a Chinese generative artificial intelligence startup, with an investment of approximately US$400 million, bringing Zhipu AI's valuation to approximately US$3 billion. Source note: The image is generated by AI, and the image is authorized by Midjourney. It is reported that Zhipu AI, founded in 2019, is a technology achievement transformation company of the Department of Computer Science at Tsinghua University, led by the famous scholar Professor Tang Jie. The company has made remarkable achievements in the field of generative artificial intelligence,…