Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs

Signage for artificial intelligence at the China Unicom Hong Kong Ltd. booth at the MWC Shanghai tech show in Shanghai, China, on Thursday, June 19, 2025. Qilai Shen | Bloomberg | Getty Images Shares of Chinese AI model developer Zhipu surged on Monday as Wall Street banks raised bets on the company's ability to capture global AI demand, while Washington tightens curbs on foreign access to its most powerful models. …