Chinese AI company Zhipu AI is considering the possibility of selling shares in Hong Kong for several billion dollars, taking into account the growth of shares by 2000% since the placement in January. This is reported in a press release. Zhipu.
Zhipu has engaged consultants to assess investors' interest in the deal, the value of which may exceed the $558 million raised earlier in the IPO in Hong Kong. At the moment, Zhipu's market value is over $128 billion.
In addition, Zhipu plans to place shares in Shanghai in order to attract financing for the development of new AI models. Zhipu recently launched the GLM-5 AI model.2 and distributes technology for free, hoping to attract developers to its platform and introduce innovations in the market.
Despite the high interest in Chinese technology companies in the field of AI for several months, the Chinese regulator has taken additional measures to accelerate the adoption of AI in e-commerce, logistics and retail.
Zhipu AI is a Chinese technology company developing large language models in the field of AI. The headquarters is located in Beijing (China).
Read our Telegram channel "Mergers and acquisitions. AK&M».
Our channel at MAX is "Mergers and Acquisitions. AK&M».
