Z AI reportedly raises $5B, earmarking 60% for next-gen models
mark_k · x · 2026-09-15
Citing Reuters, markk reports Chinese AI lab Z AI (GLM developer) raised roughly $5 billion: $2B in new shares and $3B in convertible bonds, planning to put 60% into next-generation models and a fully self-training system. This follows a $4B raise in July, building a frontier-scale war chest amid the China-US AI race. (Third-party report, unconfirmed by officials.)
Related event: Zhipu Raises $5 Billion, Betting 60% on Self-Training GLM(8 posts)→
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