Zhipu Raises $5 Billion Saudi Pipeline Disruption Could Cut 4% of Global Oil Supply
According to TechFlow, on September 13, Jin10 Data reported that Zhipu announced $5 billion in financing through zero-interest and premium convertible instruments, aiming to unlock long-term equity expectations. Sunchip Electronics and Jing'an Guoji simultaneously clarified that online rumors claiming their products have passed NVIDIA certification or will be included in its supply chain are entirely false.
Internationally, sources indicated that the interruption of Saudi pipelines could result in a loss of 4% of global oil supply. Regarding the Middle East situation, the Houthi militia stated that navigation in the Bab el-Mandeb Strait remains largely normal. The Iranian President emphasized that he absolutely will not surrender and confirmed that Iran is not in a state of war with Saudi Arabia. Trump reiterated that hostilities will end following the midterm elections.
In macro and technology developments, Fed officials stated that global minimum interest rates should be maintained, while Hassett noted there is currently no reason to raise rates. Divergent views have emerged in the AI sector, with industry giants competing to call for a slowdown in model development. Trump downplayed such concerns, stating directly that whoever wins artificial intelligence will win the future.
