Zhipu's H1 2026 revenue nearly quadruples, net loss still ¥2.07bn
Zhipu's H1 2026 revenue rose 399.7% to ¥954M as API sales overtook custom projects, but its ¥2.07bn net loss barely narrowed 12.1%.
AI Financials News and Analysis
13 verified stories covering AI Financials, product updates and industry developments.
DRAM Price Surge Pushes CXMT's Profit to RMB77.6bn
CXMT's first half-year report shows revenue up 873.64% and net profit at RMB77.605 billion, as a DRAM price surge driven by AI data centers' HBM demand squeezes standard memory supply.
NVIDIA's $96.2B Quarter Comes With a $63B Receivables Jump
NVIDIA's Q2 FY27 revenue hit $96.2 billion with $108 billion guidance ahead, but receivables jumped 64% as payment terms stretched from 45 to 60 days.
Alibaba profit falls 76% as AI cloud logs 22-quarter high growth
Alibaba's Q1 FY2027 net profit fell 76% even as AI cloud revenue rose 45%, the fastest pace in 22 quarters, with data-center delivery time cut to 100 days.
Tencent AI capex jumps to RMB52.8B
Tencent's second-quarter report shows AI moving from product demos into capex, cash flow and WeChat-scale deployment tests.
Gemini Nears 1 Billion Monthly Users
Alphabet says Gemini has reached 950 million monthly active users while it raises its 2026 capex outlook to $195 billion-$205 billion.
OpenAI posts $5.7B revenue and $21.3B loss
OpenAI's Q1 figures show explosive revenue growth paired with losses and compute commitments that will define any IPO debate.
OpenAI's audited books show a $38.5B loss
Audited figures reportedly show OpenAI with $13.07B in revenue, about $34B in spending and a headline $38.53B net loss before its planned IPO.
Oracle’s 638 billion dollar backlog fails to calm investors
Oracle posted record AI cloud demand, but the market focused on debt, capital spending and the cost of turning huge orders into working data centers.
Anthropic Q2 Revenue Doubles to $10.9B, Posts First Profit
Anthropic reported its first quarterly operating profit of $559 million in Q2 2026, with revenue surging to $10.9 billion.
Nvidia Posts $81.6B Quarterly Revenue, Authorizes $80B Buyback
Nvidia reported Q1 FY27 revenue of $81.6 billion, beating estimates, and announced an $80 billion share repurchase authorization.
AMD Jumps 123% as Nvidia Gains 15%
AMD's first-quarter results pushed Wall Street to reconsider the idea that AI chips are only an Nvidia story.
Google Cloud Tops $20 Billion as Gemini Revenue Jumps Eightfold
Alphabet’s Q1 showed cloud revenue, AI demand and Gemini usage turning heavy infrastructure spending into booked revenue.