Z.AI Misses Lofty Sales Estimates As China AI Brawl Worsens

Bloomberg
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Z.AI Co. reported revenue of 954 million yuan for the first half of 2026, below analyst expectations of 1.35 billion yuan, as competition intensifies in China's AI market. The company's losses narrowed to 2.07 billion yuan during this period amid challenges from rivals DeepSeek and Moonshot AI.

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