Z.AI plans $5 billion fundraising for AI expansion
Z.AI, formerly known as Zhipu AI, raised US$4 billion through a share placement in July, according to The Wall Street Journal.
TLDR
The Wall Street Journal reports that Z.AI plans to raise $5 billion to fuel its AI expansion. The planned fundraising comes less than two months after a US$4 billion share placement in July, the Journal says.
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