Zhipu Raises Year-End ARR Guidance to $3B, GLM Models to Generate Revenue via Overseas Cloud APIs

Zhipu said during a conference call with analysts and investors on Sept. 16 that it has signed revenue-sharing agreements with several leading cloud service providers at home and abroad. Revenue from the partnerships will begin to be recognized in October 2026, the company said.

Under the agreements, Zhipu's open-source GLM models will be offered as managed API services on overseas cloud platforms. The company also said its annualized recurring revenue (ARR) across all business lines has reached $1.8 billion, and it raised its year-end ARR guidance to $3.0 billion from $2.4 billion.