Chinese Zhipu AI, with the goal of artificial general intelligence, is unaffected by the stock market decline
Key Points
- Zhipu AI resisted the artificial intelligence stock decline in mainland China and Hong Kong.
- The shares of the rival company MiniMax fell by nearly 20 percent during the same period.
- The company's shares have increased 12-fold in value since its public offering in January.
- Zhipu announced that it will prioritize its artificial general intelligence (AGI) goal over short-term profits.
By the Numbers
Chinese artificial intelligence giant Zhipu AI drew attention by remaining unaffected by the broad artificial intelligence stock decline experienced in Hong Kong and mainland China on Monday. While shares of its rival MiniMax, operating in the same sector, lost nearly 20 percent of their value, Zhipu's shares remained almost flat.
The company, trading under the name Knowledge Atlas Technology in Hong Kong, closed the day at around 1.645 Hong Kong dollars. The company's shares experienced a massive surge, increasing 12-fold in value since its public offering in January.
In its weekend statement, Zhipu pledged to prioritize achieving artificial general intelligence (AGI) rather than making quick profits. The developer of the GLM-5.2 model succeeded in maintaining investor confidence with this strategy.
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Frequently Asked Questions
- How much did the shares of Zhipu AI's rival MiniMax fall?
- During the broad decline on Monday, MiniMax's shares lost nearly 20 percent of their value.
- How much has Zhipu AI appreciated since its public offering in 2025?
- The company's shares have shown a significant rise, increasing 12-fold in value since the public offering in January.
- What is Zhipu AI's primary goal?
- The company pledged to prioritize the goal of achieving artificial general intelligence (AGI), setting aside short-term profits.
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