China’s Zhipu eyes expansion via Belt and Road Initiative as global AI market heats up
“Beijing-based Zhipu AI, which is seeking an initial public offering this October, expects the Belt and Road Initiative – covering infrastructure-related agreements between China and around 150 countries – to help the firm expand its business overseas, according to a company representative on Tuesday, without elaborating on the scope or other details of this plan.”
“Zhipu AI, which was added to the US government’s Entity List in January, launched in March the Belt and Road Initiative Autonomous Large Models Alliance at the ZGC Forum, an annual event that promotes cross-border technology collaboration, with participants that include around a dozen countries in Latin America and Southeast Asia.”