Zhipu AI first-half revenue grows 400%

Chinese AI firm Z.ai posts 400% revenue jump as total losses narrow

First-half revenue from cloud-based deployment services soared over 2,700 per cent year on year.

Zhipu AI first-half revenue grows 400%

By Liam Mo and Eduardo Baptista BEIJING, ​Aug ‌31 (Reuters) - China's Zhipu AI reported first-half revenue ‌of ​953.9 ⁠million yuan ($141.96 ⁠million), up 400% from a year earlier, ​as the Beijing-based ⁠startup ⁠sought to ​turn demand ​for its artific...

Z.AI Missed Revenue Estimates by 29% Even as Its Valuation Hit $71 Billion

Z.AI, the Hong Kong-listed maker of the GLM model family, reported first-half revenue of 954 million yuan ($142 million), missing Bloomberg's analyst estimate of 1.35 billion yuan by about 29%. The miss came even as revenue grew roughly 400% year over year, exposing how China's AI price war is punishing margins even at fast-growing labs like Z.AI and rival MiniMax.