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MiniMax Reports H1 2026 Revenue Surging 283% YoY to 16.6M Amid China AI Race
Shanghai-based artificial intelligence foundation model developer MiniMax Group Inc. reported that its revenue increased 283% year-over-year to $116.6 million for the first half of 2026. The financial disclosure, reported by Bloomberg following the company's interim earnings filing on the Hong Kong Stock Exchange, highlights accelerated commercial monetization even as domestic foundation model competition intensifies across China. The 283% top-line expansion in the six months ending June 30, 20
August 26, 20261 min
Zhipu AI silent as JPMorgan reports point to trillion-parameter GLM-5.5
A JPMorgan research note cited by Reuters and CGTN says Zhipu AI's next flagship model, GLM-5.5, could launch in August with over one trillion parameters and a 1-million-token context window. Zhipu has not confirmed any of these specifications. As of August 3, the company's official catalog still stops at GLM-5.2. The case is built on cadence, not confirmation The August launch prediction comes from release patterns rather than official statements. GLM-5 arrived in February with roughly 745 b
August 3, 20261 min
Zhipu AI explores custom silicon as GLM-5.2 demand surges
Chinese AI lab Zhipu AI is in early discussions with domestic chip design houses about building a bespoke processor optimized for its GLM model family, according to a report by The Information. The move comes as daily token usage for GLM-5.2 surged 27-fold during its first week of release, straining compute capacity already squeezed by U.S. export controls on advanced semiconductors. The Beijing-based company, which trades on the Hong Kong Stock Exchange as Z.ai, has made preliminary inquiries
August 3, 20261 min

China AI

Articles

MiniMax Reports H1 2026 Revenue Surging 283% YoY to 16.6M Amid China AI Race

Zhipu AI silent as JPMorgan reports point to trillion-parameter GLM-5.5

Zhipu AI explores custom silicon as GLM-5.2 demand surges