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Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn came from placing 21.97 million new shares at HK$714, about 10 percent below the previous close. The other $3bn came from RMB 20.14bn of convertible bonds maturing in September 2027, and those bonds carry […]
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Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds Read More »
Barack Obama told a closed Democratic fundraiser last Thursday that artificial intelligence is “moving very fast in private hands, and if we don’t get on top of it, I think it can be dangerous”. The New York Times obtained a partial transcript from his office and reported the remarks on Saturday. His advice was addressed […]
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Obama warns AI in private hands could be dangerous and urges Democrats to act Read More »
The Units’ Digital Stimulation is synthpunk perfection Read More »
Investment tools are powerful, but largely reactive. They help investors research, analyze and act, but they still depend on the investor to decide what deserves attention and when. They respond intelligently, but rarely take the initiative. AI agents could change that relationship, turning investment technology from a tool investors operate into something closer to a […]
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From tools to AI teammates: the next era of investing Read More »
Anthropic has settled on Nasdaq for a listing it still hopes to complete in October, according to a person familiar with the plans who spoke to Business Insider. The filing remains private, and the valuation is not fixed, though estimates circulating around the deal put it near $2trn. For Nasdaq, the win completes a set. […]
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Anthropic has chosen Nasdaq for its October IPO, in the week OpenAI ruled one out Read More »