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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)

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

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at wsj.com →

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