Zhipu Acquires Zhongke Jiahe to Fill Compute Gap, Shares Surge Over 25% in Morning Trading
Zhipu AI announced the acquisition of Zhongke Jiahe to address its compute power shortage. The news drove Zhipu's stock up more than 25% in morning trading.
Zhipu AI has acquired Zhongke Jiahe, a company focused on compute power solutions, to strengthen its AI infrastructure. The acquisition aims to address Zhipu's compute power bottleneck for training and deploying large models. Following the announcement, Zhipu's shares surged over 25% in morning trading on the stock market. The deal reflects the growing importance of compute resources in the AI industry.
Source: Zhipu GLM (GNews) —
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