Chinese AI developer Z.ai raises year-end ARR outlook to $3b

Chinese AI developer Z.ai (Zhipu AI) raised its year-end revenue forecast to $3 billion. The company provides developers with tools for working with its own GLM models.

• Z.ai (Zhipu AI) raised year-end ARR outlook to $3 billion
• The Chinese company develops GLM AI models
• Z.ai offers developer tools based on GLM