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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Sierra Raises $950 Million as Enterprise AI Competition Intensifies
The customer-experience software company is valued above $15 billion as it races to make AI agents a standard interface for large brands.
