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 (P.R. Venkat/Wall Street Journal)
P.R. Venkat / Wall Street Journal : 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