Chinese AI developer says API and open-platform services became its main growth engine, even as heavy spending on models and infrastructure continues to weigh on profitability
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According to its financial report, Zhipu's revenue in the first half of 2026 reached 954 million yuan, up 399.7% year-on-year. Photo: VCG
Hong Kong-listed Zhipu briefly topped HK$880 billion in market value as investors bet on rapid revenue growth and enterprise…
First-half revenue from cloud-based deployment services soared over 2,700 per cent year on year.
The meteoric rise in the Chinese AI company’s share price has been driven by the release of GLM-5.2, as demand for its paid…
Shares of Chinese AI company Zhipu surged over 30% in trading, after posting strong revenue growth in its first earnings report…
Zhipu reportedly crossed US$1 billion in annual recurring revenue as AI coding tools and enterprise demand fuel growth in China's…
The 33% jump follows the firm’s rollout of GLM-5.2 large language model, which came as Washington suddenly ordered the suspension…
