Shares soar as Zhipu AI and Iluvatar CoreX launch secondary placements
- Posted on July 9, 2026
- By South China Morning Post
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- 1 min read
Shares soar as Zhipu AI and Iluvatar CoreX launch secondary placements
GLM-5.2 model developer Zhipu AI is seeking to raise HK$31.4 billion, while chipmaker Iluvatar CoreX is targeting HK$7.1 billion.