Zhipu AI first-half revenue grows 400%

Zhipu AI first-half revenue grows 400%

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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.

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.

Z.ai’s Revenue Soars 400% in 1H26 as AI Commercialization Shifts Toward APIs and Cloud Services

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