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On December 2 (Beijing Time), Bloomberg published a report stating that AI developer Zhipu has reached a significant revenue threshold. Its software tools and model - related business, which cater to developers, have generated an annual recurring revenue that exceeds 100 million yuan. The company has witnessed a substantial expansion in its user base for AI development tools. On its API business platform, there are over 2.7 million paying users, some of whom are from China's top - tier tech giants. Zhipu is eager to capitalize on this positive trend to bolster its forthcoming stock listing. The company anticipates that its revenue will double by 2025 and has plans to raise the proportion of API business revenue to account for half of its total revenue.
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