Z.ai Shares Plummet Over 10% After Second Major Funding Round in Two Months
The capital raise marks the company’s second major fundraising push in two months, following a $4 billion share placement in July, as the business races to fund next-generation AI model development, infrastructure, and commercialization. Z.ai Stock Plummets on $5 Billion Capital Raise The Beijing-based enterprise plans to issue up to 21.97 million new shares at … Read more