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China's tech titans race to invest $340M in OpenAI challenger

It's become increasingly evident that two parallel AI universes are forming between the U.S. and China. While the U.S. has spawned notable players like OpenAI and Anthropic, China has its own emerging candidates. One of these foundation model developers, Zhipu AI, announced today that it has raised 2.5 billion yuan ($340 million) in total financing to date this year. ....

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