POPA ReconZhipu, China’s breakout AI star, is raising billions despite being best known for open source software
Zhipu, China’s breakout AI star, is raising billions despite being best known for open source software Zhipu is planning a multi-billion dollar share sale to capitalize on a massive stock surge that has pushed its valuation past $128b, despite losing money and being best known for open-source software South Korean memory chipmaker SK Hynix also confirmed a historic $29.4b US IPO on Nasdaq following record-breaking quarterly profits driven by global AI demand https://www.asiatechreview.com/p/zhipu-chinas-breakout-ai-star-is
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