Z.ai next cheapest?
"The startup has raised more than $1.5 billion from investors including Alibaba, Tencent and Qiming Venture Partners, according to PitchBook.
"Aramco-backed Prosperity7 Ventures as well as municipal funds from the cities of Hangzhou and Chengdu are also among Z.ai’s backers, the database showed.
"In the last few weeks, several other Chinese companies have announced new, open-source AI models.
"During the World AI Conference in Shanghai, Tencent released the HunyuanWorld-1.0 model for generating three-dimensional scenes for game development.
"Last week, Alibaba announced its Qwen3-Coder model for writing computer code.
"In late June, OpenAI named Zhipu in a warning about Chinese AI progress. The U.S. has also added the startup to its entity list that restricts American companies from doing business with it."
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