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Z.ai completes around US$5 billion financing for next-generation GLM models

This story is from 2026-09-14. It is preserved in the archive; the latest stories are on the live feed.

Z.ai has announced the completion of a combined financing round worth around US$5 billion, including about US$2 billion from a share placement and roughly US$3 billion through convertible bonds. The company plans to use the funds for next-generation GLM foundation models, a fully self-training syst…

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  1. 2026-09-14 05:53 · TechNode
    Z.ai completes around US$5 billion financing for next-generation GLM models

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