Zhipu AI first-half revenue grows 400%

China's ‌Zhipu AI reported first-half revenue of 953.9 million ‌yuan ($141.96 million), up 400% ‌from a year earlier, as ⁠the ​Beijing-based startup ⁠sought to turn demand ⁠for its artificial intelligence models ​into sales while ⁠rolling out lower-cost ⁠products ​and expanding use of domestic chips.

($1 = ⁠6.7197 Chinese yuan ⁠renminbi)