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Prosperity7 Ventures

Tech unicorn Zhipu AI joins China’s LLM price war amid new funding round

by Anas Siddiqui
Tech unicorn Zhipu AI joins China’s LLM price war amid new funding round

“We diligently iterated the core technology of our models and improved its efficiency,” Zhipu AI chief executive Zhang Peng said at the event. “This is not just a simple price …

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Aramco Ventures invests in Shenzhen diagnostic tech start-up amid closer ties between Beijing and Saudi Arabia

by Anas Siddiqui
Aramco Ventures invests in Shenzhen diagnostic tech start-up amid closer ties between Beijing and Saudi Arabia

Aramco Ventures, a subsidiary of the world’s largest oil producer Saudi Aramco, will invest 100 million yuan (US$14 million) in Shenzhen Cispoly Bio-Tec, a Chinese developer of diagnostic technology, pledging …

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