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AI & Compute Infrastructure — September 13, 2026

Edition of · 19 stories

🌎 Macro, Policy & Capital

Zhipu AI (智谱; HKEX: 02513) completed approximately $5 billion in financing—$2 billion in shares and $3 billion in convertible bonds—for models and compute infrastructure.

Zhipu AI (智谱), identified in the reports as Hong Kong-listed stock 02513, announced the financing’s completion on September 13. The approximately $5 billion total comprises approximately $2 billion in share-placement proceeds and approximately $3 billion from convertible-bond issuance, rather than a prospective financing facility.

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Zhipu’s zero-coupon bonds priced at 100.5% of principal, with an initial conversion price of HK$892.50; placement shares represented 4.50% of enlarged capital.

The share placement was priced at HK$714 per share, approximately 9.96% below the closing price preceding the announcement. The placement shares represented approximately 4.50% of enlarged issued share capital; that percentage describes the placement, not the potential additional dilution from bond conversion.

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Agricultural Bank of China (中国农业银行) signed an RMB8 billion indicative credit agreement with Jiechuang Intelligent (杰创智能); formal financing agreements remain pending.

Agricultural Bank of China’s (中国农业银行) Guangzhou branch signed the strategic-cooperation indicative credit agreement with Jiechuang Intelligent (杰创智能) on September 12. The signing occurred during the branch’s ninth Qiushi Lecture Hall (求是讲堂) event of 2026.

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🖥️ Chips, GPUs & Systems

Copper-clad-laminate supplier Goldenmax International (金安国纪) denied NVIDIA and Huawei supply-chain certification claims; high-frequency products remain in research and customer sampling.

Goldenmax International (金安国纪) said online claims that its products had obtained certification for inclusion in NVIDIA’s and Huawei’s (华为) supply chains were false. According to the announcement summaries, it had neither contacted the two companies nor undertaken any form of business cooperation with them.

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⚡ Power, Grid & Data Centers

The U.S. Environmental Protection Agency reportedly plans to repeal coal- and gas-power-plant carbon-emissions limits; final action remains pending.

Reports say the U.S. Environmental Protection Agency (EPA) was preparing to repeal carbon-pollution standards for fossil-fuel power plants. Unnamed sources said an announcement could occur as early as Monday during the Group of Twenty energy ministers’ meeting in Houston; the supplied material does not contain a final rule.

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Thermal-material developer Wuhan Jiyu Technology (武汉基域科技) launched Supercrystalline Film (超晶膜) materials and thermal-control components for applications including space computing.

Wuhan Jiyu Technology (武汉基域科技) introduced its new thermal-control materials and components during a debut-product event at the 2026 Computing China Exhibition (2026 算力中国展览会). Founder and general manager Chen Pengfei (陈鹏飞) presented the product, named Chaojingmo (超晶膜), translated as “Supercrystalline Film” in the digest.

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☁️ Cloud & Compute Infrastructure

Health 160 (健康160) completed delivery and customer acceptance of an RMB12.2 million solution integrating health monitoring, compute infrastructure, and commissioning.

A Telegram summary of Health 160’s (健康160) Hong Kong exchange announcement says the group completed delivery through a mainland subsidiary. The customer issued acceptance documentation for the RMB12.2 million integrated solution, making this a reported delivery-and-acceptance milestone rather than an intended market entry.

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Space-compute developer Dongfang Tiansuan (东方天算) signed Pearl Constellation (明珠星座) cooperation agreements with 27 industry partners, covering hardware, energy, communications, and software.

Dongfang Tiansuan (东方天算) signed the agreements during the September 13 space-computing industry ecosystem forum at the Pujiang Innovation Forum in Shanghai. The Mingzhu Constellation (明珠星座), translated as “Pearl Constellation” in the digest, was formally launched as a program at the event.

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🤖 AI Models, Software & Research

Kailong High Technology (凯龙高科) deployed embodied robots commercially at Wuxi Institute of Commerce (无锡商业职业技术学院), within a mobile-service outlet.

The supplied report says embodied-intelligence robots developed by Kailong High Technology (凯龙高科), identified by stock code 300912, were formally deployed in a Wuxi college-campus setting. It specifically describes commercial service deployment inside a mobile-service outlet at Wuxi Institute of Commerce (无锡商业职业技术学院).

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