What happened
Zhipu AI has prioritised Southeast Asia in its overseas expansion: it has established offices in Singapore and Malaysia, operates joint 'innovation centres' in Indonesia and Vietnam, and promotes localised sovereign AI agents to multiple national governments; its Hong Kong IPO prospectus confirms that the company is involved in building 'national- and city-level foundation model platforms' in Southeast Asia. In the first three quarters of 2025, revenue from private (on-premises) large-model deployments in Malaysia and Singapore was nearly RMB 18 million (approximately US$2.6 million), making these its only overseas private-deployment markets besides the United States.
Localisation & innovation
A 'sovereign AI + joint innovation centre' model: combining private deployment, the export of local-governance know-how, and government-side channels