Z.ai reports H1 2026 revenue up 400% to ~$142M, below its $200M projection; Z.ai's market value surged 800% since its January listing, peaking at $137B (Bloomberg)

Z.ai reported its H1 2026 revenue increased by 400% to approximately $142M, which fell short of its $200M projection. Despite this, the company's market value has seen a significant surge of 800% since its January listing, reaching a peak of $137B. This revenue miss highlights the challenges Z.ai faces in shipping near-frontier artificial intelligence models and competing in the market.