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Zhipu AI reported record revenue but massive losses due to heavy R&D spending.
Zhipu AI, a Chinese artificial intelligence company, reported a 132% revenue increase for 2025, reaching over $100 million.
Despite this growth, the company posted a significant net loss of over $650 million, largely due to heavy spending on research and development.
Zhipu is developing domestic chips and its GLM-5 model, competing against other AI firms in China and Southeast Asia.
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Zhipu AI reportó ingresos récord pero pérdidas masivas debido al gran gasto en I+D.