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Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds

Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn came from placing 21.97 million new shares at HK$714, about 10 percent below the previous close. The other $3bn came from RMB 20.14bn of convertible bonds maturing in September 2027, and those bonds carry [] This story continues at The Next Web

13 Sep 2026 11:45 pm
Obama warns AI in private hands could be dangerous and urges Democrats to act

Barack Obama told a closed Democratic fundraiser last Thursday that artificial intelligence is moving very fast in private hands, and if we dont get on top of it, I think it can be dangerous. The New York Times obtained a partial transcript from his office and reported the remarks on Saturday. His advice was addressed [] This story continues at The Next Web

13 Sep 2026 11:10 pm
From tools to AI teammates: the next era of investing

Investment tools are powerful, but largely reactive. They help investors research, analyze and act, but they still depend on the investor to decide what deserves attention and when. They respond intelligently, but rarely take the initiative. AI agents could change that relationship, turning investment technology from a tool investors operate into something closer to a [] This story continues at The Next Web

13 Sep 2026 11:05 pm
Anthropic has chosen Nasdaq for its October IPO, in the week OpenAI ruled one out

Anthropic has settled on Nasdaq for a listing it still hopes to complete in October, according to a person familiar with the plans who spoke to Business Insider. The filing remains private, and the valuation is not fixed, though estimates circulating around the deal put it near $2trn. For Nasdaq, the win completes a set. [] This story continues at The Next Web

13 Sep 2026 10:44 pm
From IFA demonstrations to a wider design question: why should an office chair expect the body to stay still?

At IFA Berlin 2026, ARBREST put a chair through movements that office furniture often treats as exceptions. COVE is the new brands first product, made its world debut with an IFA Best of Design award. At Hall 2.2, Stand 141, visitors leaned toward a desk, shifted their shoulders, turned and reclined. The demonstration made a [] This story continues at The Next Web

13 Sep 2026 10:35 pm
The detrimental cost of scaling too fast

AI has crossed a decisive threshold in the enterprise. McKinseys 2026 global survey found that 44% of organizations now report scaling AI across the enterprise, up from 38% a year earlier, with the figure reaching 54% among companies generating at least $1 billion in annual revenue. The question facing technology leaders then is whether every [] This story continues at The Next Web

13 Sep 2026 10:12 pm
Xi pitches open-source AI to BRICS as Beijing weighs curbs on its own models

Xi Jinping used the BRICS summit to propose a China-led community for open-source AI and to invite members into the World AI Cooperation Organization, a Beijing-founded body of 29 countries with no EU state among them. Europe drew its line in the AI Act, which exempts genuinely open models but not those carrying systemic risk, [] This story continues at The Next Web

13 Sep 2026 3:28 pm
Tesla sets 1 October for the next-generation Roadster reveal

Tesla says it will reveal the next-generation Roadster on 1 October, the first firm date since it showed the car as a concept in 2017 and promised production for 2020. European reservations cost EUR 43,000 paid within ten days, no customer anywhere has taken delivery, and the reveal lands while Teslas European registrations are falling [] This story continues at The Next Web

13 Sep 2026 2:50 pm