
Zhipu and MiniMax see short-selling halve amid Hong Kong AI sector reset
Hong Kong-listed AI firms Zhipu and MiniMax see short-selling plunge 50% as market shifts focus to cloud giants.
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Hong Kong-listed AI firms Zhipu and MiniMax see short-selling plunge 50% as market shifts focus to cloud giants.

Zhipu and MiniMax report significant revenue growth but increased spending, with Zhipu's revenue reaching $136M and MiniMax's at $116.6M.

Zhipu's new AI model, GLM-5.3, finds 2,436 vulnerabilities, surpassing US models in cybersecurity capabilities.