Hong Kong-listed Z.ai reports H1 2026 revenue up 5x YoY to ~$142M, with "open platform and API revenue" up 28x to ~$122M, and net loss down 12% YoY to ~$308M (Juro Osawa/The Information)

Z.ai, listed in Hong Kong, posted first-half 2026 revenue of roughly $142 million, a five-fold increase year over year, while its “open platform and API” segment surged 28× to about $122 million. Net loss narrowed 12% YoY to approximately $308 million, reflecting improved profitability despite continued deficits.