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.

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.