All articles tagged with #zhipu
Zhipu’s GLM 5.2—free to download and run on your own servers—posts near parity with Anthropic Opus 4.8 on a key agentic benchmark at about one-fifth the cost, fueling demand as token spend climbs and governments curb rivals; with Anthropic Fable and OpenAI GPT-5.6 limited, the open-source model intensifies pricing pressure on frontier labs and shifts incentives toward efficiency over raw token power.
NVIDIA CEO Jensen Huang praised OpenClaw as a potential “next ChatGPT,” sparking a rally in Chinese AI stocks. Minimax and Zhipu jumped about 22% and 14% in Hong Kong as they expand agent-based AI tools built on OpenClaw; Zhipu also unveiled GLM-5 to boost coding and multitasking. SenseTime and UCloud rose modestly, while Moody’s notes rapid AI uptake but uneven adoption across sectors. Broader Asia tech gains followed Huang’s comments, with SK Hynix and Samsung also rising on optimism about future AI orders.
Zhipu, a Chinese AI startup now known as Z.ai, is set to release its largest open-source model, GLM-4.5, aiming to compete with OpenAI and establish industry standards, amidst a surge of Chinese firms releasing open-source AI models. The company is also considering a Hong Kong IPO to raise around $300 million.
Chinese AI start-up Zhipu has raised $341 million in funding, with backing from tech giants Alibaba and Tencent, among others. Zhipu aims to be China's answer to American firm OpenAI and is developing AI models trained on large datasets for various applications. This comes as the US and China continue their technology battle, with AI at the forefront. China sees AI as a key technology for economic growth and plans to increase its computing power by 50% by 2025. Zhipu is one of several Chinese start-ups supported by tech giants in their efforts to boost the country's AI industry.