Zhipu AI Sees $42 Million Revenue in 2024, Plans IPO

Zhipu AI generated $42 million in 2024 revenue and plans an IPO as it expects significant growth in 2025, with $14 million in recurring revenue.

Live Market Updates

Latest Financial News

positive
22h ago

Zhipu AI Sees $42 Million Revenue in 2024, Plans IPO

Zhipu AI Sees $42 Million Revenue in 2024, Plans IPO
Chinese AI startup Zhipu has posted $42 million in revenue for 2024, and expects sales to double in 2025, aided by $14 million in recurring revenue. The company, often compared to OpenAI, is preparing for what could be China's first major AI IPO. Zhipu's rapid growth and expanding user base position it as a strong contender in the global AI landscape.
Companies:
  • Zhipu
Tags:
  • startups
  • AI