Shares of Knowledge Atlas Technology Joint Stock [HKG: 2513], known as Zhipu AI, surged 26% as of 10.30 a.m. today after the Chinese AI developer said revenue more than doubled to CNY724 million (USD105 million) last year from 2024 in its first annual financial report. Net loss widened 60% to CNY4.7 billion (USD686 million).