Zhipu, which operates a ChatGPT-like service called Z.ai, raised $558 million in the IPO and made a fortune for its co-founders despite a somewhat quiet first-day trading.
Zhipu, which operates Z.ai, a ChatGPT-like service, raised $558 million in its IPO. Its chairman, Liu Debing, has amassed a fortune of $2.1 billion from his stake in the Chinese artificial intelligence