Z.AI’s $5B Hong Kong raise: models, not Nvidia
From Mexico: I’m reading Z.AI’s $5B Hong Kong filing — ~$2B shares at HK$714 plus ~$3B zero-coupon convertibles, with ~60% aimed at next-gen models.
Zhipu AI
From Mexico: I’m reading Z.AI’s $5B Hong Kong filing — ~$2B shares at HK$714 plus ~$3B zero-coupon convertibles, with ~60% aimed at next-gen models.