TechChina’s Z.ai revenue jumps 400% as cloud gains narrow losses
Chinese artificial intelligence company Z.ai said first-half revenue rose 400 per cent to 953.89 million yuan, powered by explosive growth in its open platform and API businesses. Higher research and development spending did not prevent total losses from narrowing, while consensus estimates project a 514 per cent increase in full-year sales.
China’s Z.ai revenue jumps 400% as cloud gains narrow losses
Tech