A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese artificial-intelligence lab fresh off a $55...
Source: [TNW](https://thenextweb.com/news/zhipu-share-sale-hong-kong-fable-5)