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Z.ai says it plans to raise $5B+ via equity and debt to fund its AI

Z.ai says it plans to raise $5B+ via equity and debt to fund its AI investments, including ~$2B through a share placement, after raising $4B in July

The company plans to raise $2.0 billion through a share placement and another $3.01 billion via zero-coupon convertible bonds

Source: Wall Street Journal · Opens in new tab