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What Z.AI Does & How It Makes Money (2513.HK)

Updated October 2026 · reflects Z.AI's latest reported financials

Chinese developer of large AI language models and AI services. It earns revenue from customized on-premise model deployments installed on clients' infrastructure and from cloud-based model services sold on subscription and usage-based terms.

Z.AI's story, moat and numbers — in a 3-minute visual book.

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How Z.AI makes money

It earns revenue from customized on-premise model deployments installed on clients' infrastructure and from cloud-based model services sold on subscription and usage-based terms. It also charges for related services such as model training and fine-tuning.

What Z.AI does

Z.AI Co., Ltd., formerly Knowledge Atlas Technology Joint Stock Company Limited, is a Beijing-based company founded in 2019 that provides large-model services in China. It reports two segments. On-premise Deployment covers models customized to each client's instructions and needs and installed on the client's own infrastructure. Cloud-based Deployment delivers model services through cloud infrastructure on subscription and usage-based terms. The company also earns money from model training and fine-tuning. Its product lineup includes the ChatGLM chatbot, the z.ai platform, the AutoGLM and AutoClaw agents, the Zread.ai tool, and the AMiner platform. It changed its name to Z.AI Co., Ltd. in July 2026.

Products & services

What is Z.AI worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

We show a fair value only when the method is trustworthy. See Z.AI on TacticScale →

Sector Technology Industry Software - Infrastructure HQ China Ticker 2513.HK Official site

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