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Market Chatter: Zhipu AI Plans Hong Kong Share Sale

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Knowledge Atlas Technology (HKG:2513), also known as Zhipu AI, is considering a share sale in Hong Kong next month to raise several billion U.S. dollars, Bloomberg reported Wednesday.

The firm's plans are preliminary and could change, the report said, citing people familiar with the matter.

Zhipu AI previously disclosed plans to pursue a secondary listing on Shanghai Stock Exchange's Sci-Tech Innovation Board to raise funds to advance its AI models.

Zhipu AI did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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