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Zhipu AI first-half revenue grows 400%

Zhipu AI first-half revenue grows 400%

By Liam Mo and Eduardo Baptista

- China's Zhipu AI 2513.HK 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 artificial intelligence models into sales while rolling out lower-cost products and expanding use of domestic chips.

($1 = 6.7197 Chinese yuan renminbi)


(Reporting by Liam Mo and Eduardo Baptista; Editing by Kirsten Donovan)

((liam.mo@thomsonreuters.com;))

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