Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second this year. According to Caixin, new investors include strategic and state-backed entities, alongside existing participants like Legend Capital. The proceeds will support the development of Zhipu’s Generalized Language Model (GLM) series, strengthening its position in the AI industry.