GNews news News Sep 11

China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet shows

The fundraising comes as Chinese AI developers seek capital for the costly computing infrastructure ​and talent needed to compete with larger U.S. rivals. Sign up here. Z.AI is offering 21.97 million new Hong Kong shares at HK$714 ($91.05) each, a 10... [2052 chars]
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Reuters
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https://www.reuters.com

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