Zhipu AI
Chinese lab that makes the GLM models, mostly sold to enterprises, and is now listed in Hong Kong.
- Revenue
- About $44.4M in 2024 (filings, reported)
- Based in
- Beijing, China
- Listed
- Public
It was the first of China's leading AI labs to list, raising about $558M in its Hong Kong IPO (reported).
It made a net loss of about 2.96B yuan in 2024 (reported), and 2025 full-year revenue was not found.
Money coming in
Who pays Zhipu AI, and for what.
No customers of Zhipu AI mapped yet.
Money going out
Who Zhipu AI pays to do what it does.
No suppliers of Zhipu AI mapped yet.
Where it sits on the map
Competitors and neighbours
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Annualised run rate above $100M, self-reported and unaudited
Open profileLab that aims to build frontier open-weight models in the US, backed by Nvidia.
$8B after a $2B round led by Nvidia in October 2025. Talks at $25B reported in 2026
Open profileSources: news.bensbites.com
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