Lab profileActive listed lab
Zhipu AI / Z.ai (智谱AI)
Academic-to-Enterprise PipelineTotem · Knowledge-graph Z
Known for: Tsinghua-origin GLM stack for enterprise, agents, video, and state-linked deployments.
Spun out of Tsinghua's Knowledge Engineering Group (KEG); founded by professors Tang Jie (唐杰) and Li Juanzi (李娟子); CEO Zhang Peng (张鹏).
Founded
2019
Location
Beijing
Founders
Parent / predecessor
GLM-130BChatGLMGLM-4GLM-5.1CogVLMCogVideoX
Valuation
$64.9B
Market cap · live, 2026-06-09
via Yahoo Finance
Funding raised
$2B
~$2.0B cumulative raised, including $558M IPO proceeds
Employees
1,094
2026-06-09
via Yahoo Finance
Market cap / employee
$59.4M
How lean the team is
Key people
Investors
Government backing
Beijing Municipal Government (北京市政府)Hangzhou Municipal Government (杭州市政府)
Notable alumni & departures
Models & API pricing
Rates are OpenRouter's listed prices (USD per 1M tokens), a convenient cross-provider benchmark. First-party / native API pricing in China can differ, sometimes materially. Source: OpenRouter, as of May 29, 2026. Compare them on the models page.
News & coverage
Notable recent updates, newest first.
ISR 1 hour
DealJun 2, 2026
Zhipu
Zhipu AI (Chinese: 智谱AI; also known as Z.ai) and MiniMax (Chinese: 稀宇科技) plan to issue A-shares on Shanghai's STAR Market, shifting capital raising back to mainland China.
Hong Kong Stocks 'Return North': Why Are Zhipu AI (Chinese: 智谱AI; also known as Z.ai) and MiniMax (Chinese: 稀宇科技) Rushing Back to A-Shares?
FundingMay 23, 2026