Zhipu's year-end ARR guidance raised by 25% to $3 billion

September 16: Zhipu stated during a conference call with analysts and investors that it has signed revenue-sharing agreements with several leading cloud service providers both domestically and internationally, and the related revenue will begin to be recognized starting in October.

The collaboration model involves the GLM series of open-source models being offered as managed API services on overseas cloud platforms. The company's current all-business ARR has reached $1.8 billion, and the year-end ARR guidance has been raised from $2.4 billion to $3 billion.