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News 2026-09-13 23:52 UTC

Z.AI Plans US$5.0 Billion Fund-Raising to Fuel AI Expansion

(22:29 GMT) *Z.AI Plans US$5.0 Billion Fund-Raising Via Share Placement, Convertible Bonds (22:30 GMT) *Z.AI Plans to Raise HK$15.68 Billion via Share Placement (22:30 GMT) *Z.AI to Place 21.97M New Shares at HK$714.00 Each (22:31 GMT) *Z.AI Placement Price Represents 9.96% Discount to Closing Pric…