
API price increased by 83% and is still being snapped up! What insights does the KNOWLEDGE ATLAS 2025 annual report reflect on the AI track?

On April 1st, KNOWLEDGE ATLAS released its 2025 annual report, with operating revenue reaching 724 million yuan, a year-on-year increase of 131.9%. The company's MaaS API platform achieved an annual recurring revenue (ARR) of 1.7 billion yuan, with API call volume increasing by 400% year-on-year. Despite an 83% increase in API pricing, market demand remains strong. Research and development expenses reached 3.18 billion yuan, and net losses widened to 4.718 billion yuan. The capital market reacted positively, with related industry chain targets generally rising, indicating an accelerated release of the prosperity dividend in the AI computing power industry chain
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