Zhipu AI's stock may rise further, according to Morgan Stanley analysts in a research note. The Chinese AI company, officially known as Knowledge Atlas Technology,showed "exceptional near-term momentum" with a surge in its annual recurring revenue, MS says. The company's ability to raise prices signals high recognition of its foundation model intelligence by consumers, it says. Key catalysts include model upgrades, potential inclusion into stock indexes and an A-share listing. MS has a target pr

Zhipu AI's stock may rise further, according to Morgan Stanley analysts in a research note. The Chinese AI company, officially known as Knowledge Atlas Technology,showed "exceptional near-term momentum" with a surge in its annual recurring revenue, MS says. The company's ability to raise prices signals high recognition of its foundation model intelligence by consumers, it says. Key catalysts include model upgrades, potential inclusion into stock indexes and an A-share listing. MS has a target price to HK$990 on Zhipu.