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Zhipu and Investors Back RMB 1 Billion Physical AI Fund

Zhipu, Jiangmen, QuantGroup and other investors are backing a RMB 1 billion venture capital fund for cognitive intelligence and physical AI ecosystem development.

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HONG KONG, Oct 22, 2026 - (ACN Newswire) - Competition in AI has evolved from contests over individual technologies into a new phase defined by coordination across foundational ecosystems and industry value chains. Zhipu, a leading large-model developer, has again expanded its footprint as a limite…