Summary:
- China's Z-AI has launched a new AI company with a $1.5 billion war chest to develop advanced artificial intelligence (AI) technologies.
- The company aims to create powerful AI models that can be used in various industries, such as healthcare, finance, and transportation.
- Z-AI's goal is to push the boundaries of AI capabilities and become a leading player in the global AI market, which is expected to grow rapidly in the coming years.