Z.ai Secures $5 Billion in Equity Placement and Zero-Interest Convertible Debt
Chinese AI model developer Z.ai has raised approximately $5 billion through a dual offering of new shares and zero-coupon convertible bonds maturing in 2027.
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Abliteration.ai Commercializes Safeguard Removal for Open-Weight AI Models
Startup Abliteration.ai has launched a commercial platform hosting open-weight AI models stripped of safety guardrails, pitching its service to cybersecurity red teams despite concerns from safety advocates.
