9 stories mentioning HKG:2513Updated 2d ago
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Z.AI (HKG:2513) has an average rating of buy and mean price target of HK$1,681.97, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Chinese authorities are looking to implement stricter export controls on artificial intelligence and semiconductor technologies amid intensifying AI rivalry with the U.S., the Financial Times reported Wednesday, citing two people familiar with the matter.Officials led by the Commerce Ministry have been in talks with local AI and chipmaking groups and companies, including Alibaba (HKG:9988), ByteDance, and Knowledge Atlas Technology or Z.ai (HKG:2513), to ensure Western powers do not pirate Chinese technologies and startups, the report said.Commerce Ministry officials have also consulted stakeholders on possibly restricting overseas chipmakers from manufacturing chips based on designs by Chinese companies, the report said.The Commerce Ministry 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.)
Knowledge Atlas Technology (HKG:2513), also known as Z.ai, has completed a 1-gigawatt AI computing data center powered entirely by domestically produced chips, the South China Morning Post reported, citing people familiar with the matter.The Beijing-based company, formerly known as Zhipu, said the facility will support its GLM family of AI models, including its flagship GLM-5.2, and help ease computing bottlenecks and improve inference efficiency, according to the report.The report also said the company completed the acquisition of Chinese infrastructure software developer XCore Sigma, whose software helps improve AI chip utilization across different vendors and accelerates model deployment.(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.)
LUSTER LightTech (SHA:688400) subsidiary Linyunguang Technology International will sell up to 334,800 shares it holds in Knowledge Atlas Technology (HKG:2513) or Z.ai for about HK$680.3 million, according to a Saturday filing with the Shanghai bourse.The company plans to sell the shares over the next 12 months.
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.)
AI company Knowledge Atlas Technology (HKG:2513) launched its latest-generation flagship model GLM-5.2, which will be released soon under the MIT license, according to a Monday Hong Kong bourse filing.The model supports long context lengths of up to 1 million tokens and is designed for long-horizon tasks.The artificial intelligence company believes the model will lead to higher call volumes for its open platform and API services.
Knowledge Atlas Technology (HKG:2513), also known as Zhipu AI, proposed applying for a listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board, according to a Monday Hong Kong bourse filing.The company plans to issue between 9.1 million and 38.8 million new A shares, representing 2% to 8% of its enlarged share capital, subject to shareholder, regulatory, and exchange approvals.Net proceeds are intended for artificial intelligence general-purpose foundational large language models, a large-model MaaS one-stop service platform, and working capital.The projects have a total proposed investment of 15 billion yuan, according to the filing.Knowledge Atlas also proposed changing its English name to Z.AI Co. to align with its operational needs.Subject to approval and confirmation by the stock exchange, its English stock short name will also be changed, while its Chinese name will remain unchanged.Zhipu debuted in Hong Kong in January, raising net proceeds of about HK$4.17 billion.
Knowledge Atlas Technology (HKG:2513) agreed to acquire Beijing Hongzuan Technology Development for 360.5 million yuan, according to a Hong Kong bourse filing on Tuesday.Shares of the artificial intelligence company fell nearly 5% in morning trade Wednesday.The company will pay 81.6 million yuan in cash to ACREP Diamond Investment, the seller, and assume 278.9 million yuan in loans owed by the target.Hongzuan Technology owns a property in Beijing that the firm said could meet its daily administrative and business operational needs.
