Zhipu raises ~$5B, with 60% earmarked for next-gen GLM

Zhipu (Z.ai) disclosed a roughly $5 billion raise via share placement and convertible bonds, with 60% of net proceeds earmarked for its next-generation GLM model and a fully self-training recursive system.

2026-09-13 ~ 2026-09-14 · 2 related posts

• Zhipu raises ~$5B in Hong Kong, with 60% earmarked for next-gen GLM models — 智东西 · 2026-09-13
• Zhipu raises $5B, with 60% earmarked for next-gen GLM models and a self-training RSI loop — teortaxesTex · 2026-09-14