Food Delivery Giant Meituan Invests in OpenAI Rival Zhipu AI

  • Meituan purchased a 10% stake in Zhipu AI, bolstering the machine learning startup’s financial strength.
  • Zhipu AI recently launched its AI model ChatGLM-6B and aims to challenge Western large language models.
  • The investment is part of Meituan’s strategy to enhance its AI capabilities and reach its 450 million users.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications