Seeking cash for AI, China’s Z.ai eyes new US$5b fundraising push after July share sale
Z.ai, the Chinese artificial intelligence model developer listed in Hong Kong, is seeking to raise about HK$15.7 billion
(US$2 billion) through a placement of roughly 21.97 million new H shares at HK$714 apiece, according to a company filing on Sunday. The company also announced a 20.14 billion yuan (US$3 billion) conv...
via South China Morning Post
Z.ai, the Chinese artificial intelligence model developer listed in Hong Kong, is seeking to raise about HK$15.7 billion
(US$2 billion) through a placement of roughly 21.97 million new H shares at HK$714 apiece, according to a company filing on Sunday. The company also announced a 20.14 billion yuan (US$3 billion) conv...
via South China Morning Post
