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SCMP TechAsia

Seeking cash for AI, China’s Z.ai eyes new US$5b fundraising push after July share sale

September 13
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, accordin

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