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Filing: Chinese AI model maker Z.ai is seeking to raise ~$4B from the sale of 19.8M shares at ~$202 to ~$216 each, after its Hong Kong stock soared 1,400%+ YTD

Chinese artificial-intelligence model maker Zhipu is seeking to raise about $4 billion from a share sale after its stock soared almost 1,500% since …

Bloomberg

Discussion

  • @zephyr_z9 @zephyr_z9 on x
    That's a lot of money to support model development
  • @epochairesearch @epochairesearch on x
    https://z.ai/'s GLM-5.2 scores an estimated 152 on the Epoch Capabilities Index, the highest of any open-weight model we've evaluated. It remains behind models like Gemini 3 Pro, released over 7 months ago. [image]