Economics and capital · public-markets
Z.ai reports first-half revenue of about $142 million, below its projection
Z.ai reported first-half 2026 revenue of about $142 million, up 400% year over year but below its $200 million projection, while its market value surged after listing.
Read the original at bloomberg.comOpens the publisher's site in a new tabMore in Economics and capital
Nvidia agreed to acquire Hugging Face for approximately $12.93 billion while retaining its open-platform positioning.Sep 3Crusoe reportedly raised more than $3 billion at an approximately $30 billion valuation.Sep 4Alibaba announced a Hong Kong placement of 710 million new shares expected to raise approximately $10.2 billion.Sep 4Thailand suspended construction of 49 data centers while developing new industry regulations.Sep 4Wonderful raised $550 million in Series C funding at a $5 billion valuation.Sep 2