HK Movers | Z.AI Jumps over 5% as It Raises Year‑End ARR Guidance 25% to $3 Billion

Tiger Newspress

6小时前

Z.AI told analysts and investors it has signed revenue‑share agreements with several leading domestic and international cloud providers; related revenue will be recognized from October.

The deals will provide GLM‑series open‑source models as hosted APIs on overseas cloud platforms. Company‑wide ARR stands at $1.8bn; year‑end ARR guidance was raised to $3.0bn from $2.4bn.

Shares of Z.AI rose 0.59% in Hong Kong market.

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