China’s Zhipu AI launches 0 million share sale as tech race for Hong Kong IPO heats up

China’s Zhipu AI launches $560 million share sale as tech race for Hong Kong IPO heats up

Chinese artificial intelligence company Zhipu AI launched a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the first major language model (LLM) developer to list in Hong Kong amid a flurry of technology initial public offerings (IPOs). The new company, officially known as Knowledge Atlas Technology and traded overseas…

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