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The move highlights the fundraising push among China’s generative AI startups as they tap capital markets to finance the high costs of computing power and model development. Photo: IC photo
Zhipu Seeks $2.2 Billion Shanghai Listing to Fuel AI Expansion
China’s largest model developer by revenue plans to raise 15 billion yuan through a secondary listing on Shanghai’s STAR Market, less than six months after its blockbuster Hong Kong debut
406 words~2 min read
