Zhipu reportedly crossed US$1 billion in annual recurring revenue as AI coding tools and enterprise demand fuel growth in China's AI industry.

China's investment banks could earn $41 million in underwriting fees from CXMT's $8.6 billion IPO, supporting semiconductor expansion and AI-driven chip growth.

Zhipu reportedly crossed US$1 billion in annual recurring revenue as AI coding tools and enterprise demand fuel growth in China's AI industry.