AI Firm Zhipu to Sell $4 Billion of Shares After 1,500% Rally

Chinese artificial-intelligence model maker Zhipu is seeking to raise about $4 billion from a share sale after its stock soared almost 1,500% since a January listing in Hong Kong. Chinese artificial-intelligence model maker Zhipu is seeking to raise about $4 billion from a share sale after its stock soared almost 1,500% since a January listing in Hong Kong.