Zhipu raises year-end ARR guidance 25% to $3.0bn on overseas cloud hosting deals
pstAsiatech · x · 2026-09-16
Zhipu has signed revenue-share agreements with several leading domestic and international cloud providers to offer GLM-series open-source models as hosted APIs on overseas platforms, with revenue recognized from October. Company-wide ARR stands at $1.8bn, and year-end ARR guidance was raised 25% from $2.4bn to $3.0bn — a sign Chinese model vendors are monetizing open-source models abroad via cloud hosting.
More from Venture
- Anthropic's 85% inference margin sparks debate on open source's price-pressuring role — code_star · 2026-11-02
- Kioxia up 216% in a year but down 68% from its June 2026 peak — zephyr_z9 · 2026-11-02
- Intel plunges 29%, worst day since the 1970s, wiping $12B off US government stake — emmanuelvivier · 2026-11-02
- Ex-Harvard surgery resident turned AI founder raises $5M seed for Robyn AI — hey_abusiddik · 2026-11-02
- Alphabet goes from $11.5B buyer to $12.4B seller of its stock; Meta launches $97.5B share sale — aakashgupta · 2026-11-02
- Google manual action hits freshly funded AI startup's domain right after its PR blitz — gaganghotra_ · 2026-11-02