Chinese artificial intelligence start-ups are overhauling their business models as they fight to remain competitive following the widespread adoption of rival DeepSeek’s technology across the country.
Zhipu, once considered China’s most prominent large language model start-up, has pinned its hopes on an initial public offering to sustain its cash-intensive growth as it focuses on building up its enterprise sales business, according to two people familiar with the matter.
Among China’s
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