Zhipu’s Chairman Amasses $22.4 Billion Fortune As Chinese AI Model Developer Soars Almost 1,000%

China's Zhipu AI plans to apply for Shanghai's Sci-Tech Board listing - The Economic Times

One of the leading players in China's crowded artificial intelligence sector, Zhipu AI, said the proposed issuance of A shares, each with a ‌nominal value ⁠of 0.10 ⁠yuan, would represent between 2% and 8% of the…