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home / articles / alibaba tencent and ant invest 342 million in ai sta mwn benzinga

TECH - Alibaba Tencent And Ant Invest $342 Million in AI Startup Zhipu Eyeing Rivalry with Microsoft's OpenAI | Benzinga

Bio-Techne Corp

Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) featured amongst major Chinese investors doling out 2.5 billion yuan ($342 million) in artificial technology startup Beijing Zhipu Huazhang Technology Co.

The other investors included Jack Ma's Ant Group Co to Xiaomi Corp (OTC: XIACF) (OTC: XIACY) in backing Zhipu's aspirations to rival Microsoft Corp (NASDAQ: Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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