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The Zhitong Finance App learned that after GLM-5.2, Zhi Spectrum (02513.HK) handed over another brilliant answer. According to the “Emerging Intelligence” report, as of July 2026, Smart Spectrum's ARR (annual recurring revenue) had reached 1 billion US dollars. At this point, Zhipu became the first major local model manufacturer in China to stand at this commercial milestone. It fulfilled the market's previous performance expectations of $10-15 billion ARR at the end of the year half a year ahead of schedule, and rewrote the market's perception of the pace of commercialization of big models at an astonishing rate of growth.
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The Zhitong Finance App learned that after GLM-5.2, Zhi Spectrum (02513.HK) handed over another brilliant answer. According to the “Emerging Intelligence” report, as of July 2026, Smart Spectrum's ARR (annual recurring revenue) had reached 1 billion US dollars. At this point, Zhipu became the first major local model manufacturer in China to stand at this commercial milestone. It fulfilled the market's previous performance expectations of $10-15 billion ARR at the end of the year half a year ahead of schedule, and rewrote the market's perception of the pace of commercialization of big models at an astonishing rate of growth.
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