Zhihu (ZH) Signed a Conditional RMB1.5 Billion AI Fund Deal. Can It Justify the Risk?

Zhihu Inc. (NYSE:ZH) disclosed on September 6 that a wholly owned subsidiary had signed a conditional RMB1.5 billion cash commitment to Tianjin Lisi Xingshen Equity Investment Partnership. The agreement, dated September 4, requires shareholder approval, with payments funded internally through capital calls. Zhihu Inc. (NYSE:ZH) expects to hold no more than 30% of the fund […]

Raccontata dafinance.yahoo.com