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Home›US Markets›Sectors›Z.ai shares jump 8% after AI model runs on Chinese chi…

Z.ai shares jump 8% after AI model runs on Chinese chips

The company said the model was already launched globally in stealth mode for a week before the public release.

Reported · Written up by our desk · Sectors

Z.ai shares rose about 8% after the Chinese AI company released a new AI model designed to run only on Chinese chips, CNBC World reports.

The company also said the model had already been launched globally in stealth mode for about a week, according to CNBC Finance.

The move helped drive the stock rally following the announcement.

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Sources

CNBC WorldZ.ai shares surge 8% after releasing new AI model running only on Chinese chips
CNBC FinanceZ.ai shares surge 8% after releasing new AI model running only on Chinese chips
CNBC FinanceZ.ai shares surge 8% after releasing new AI model running only on Chinese chips

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