BTC $62,820.21 -2.96%
ETH $1,829.37 -4.76%
BNB $569.02 -2.32%
XRP $1.08 -2.58%
SOL $74.48 -3.60%
TRX $0.3219 -0.75%
DOGE $0.0717 -3.10%
ADA $0.1587 -3.12%
BCH $222.60 -0.66%
LINK $8.18 -3.81%
HYPE $59.11 -11.33%
AAVE $90.81 -4.87%
SUI $0.7330 -2.74%
XLM $0.1829 -3.19%
ZEC $531.76 -6.34%
BTC $62,820.21 -2.96%
ETH $1,829.37 -4.76%
BNB $569.02 -2.32%
XRP $1.08 -2.58%
SOL $74.48 -3.60%
TRX $0.3219 -0.75%
DOGE $0.0717 -3.10%
ADA $0.1587 -3.12%
BCH $222.60 -0.66%
LINK $8.18 -3.81%
HYPE $59.11 -11.33%
AAVE $90.81 -4.87%
SUI $0.7330 -2.74%
XLM $0.1829 -3.19%
ZEC $531.76 -6.34%

x

All
Article
Flash

Zhipu ARR breaks 1 billion USD, achieving 15 times explosive growth in 6 months

According to "Intelligent Emergence," multiple independent sources reported that by July 2026, China's leading large model company, Zhipu, had achieved an annual recurring revenue (ARR) of $1 billion. Insiders revealed that between January and July 2026, Zhipu's ARR surged 15 times in just six months. The growth from $100 million ARR to $1 billion took Zhipu only 5 months, surpassing the 15 months it took the American AI lab Anthropic to reach a similar stage. As of the time of publication, Zhipu has not responded to the aforementioned financial data.The rapid rise in Zhipu's revenue is primarily attributed to its concentrated investment in coding and reasoning capabilities. Financial reports show that in the first quarter of this year, even though the API call price for GLM increased by approximately 83%, its overseas subscription prices approached those of Anthropic's Claude Code, yet its total call volume still grew by about 400% against the trend. In June of this year, Zhipu launched its latest open-source large model, GLM-5.2, which has matched or even surpassed mainstream cutting-edge models on several core metrics.Currently, AI coding and video generation have become the fastest commercialized and most revenue-generating tracks for large models globally. As the demand in the coding market becomes more certain, industry competition is intensifying. Domestically, MiniMax released the M3, which focuses on enhancing coding capabilities, in June, while the Dark Side of the Moon launched the K3 open-source model with 2.8 trillion parameters on July 16; internationally, with OpenAI merging ChatGPT and CodeX, it has also shown a momentum to catch up with Anthropic in the coding field, and the global battle for AI productivity tools continues to escalate.

The Russian cryptocurrency criminal liability bill has been postponed for review after the election, with a maximum sentence of 7 years in prison

According to Bits.media, Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions will be postponed until the new State Duma is reviewed. The reason is that the Duma's spring session will end on July 27, and there will be an election recess from August to September, with the Duma election voting ending on September 20. Therefore, the review will not resume until the autumn session at the earliest.The bill completed its first reading in early July, with a maximum penalty of 7 years in prison for organizing illegal cryptocurrency circulation. The relevant penalty provisions are proposed to officially take effect on July 1, 2027. Under the current regulatory framework, Russian citizens can only buy and sell cryptocurrencies through institutions holding a license from the Central Bank of Russia, and P2P and over-the-counter transactions may face criminal liability. Aksakov denied concerns that the bill would affect cryptocurrency exchanges and P2P users, stating that the related worries are "unfounded." Meanwhile, another Russian government initiative to strengthen state control over cryptocurrencies, the "Digital Currency and Digital Rights Law," has also been postponed, with the original timelines for implementation in July and September now missed.
app_icon
ChainCatcher Building the Web3 world with innovations.