Shares jump for Chinese AI start-up Zhipu after GLM-5 launch

GLM-5 was entirely trained using Chinese-made Huawei Ascend chips.

Investors rallied behind Chinese AI start-up Zhipu after its latest agentic model, claiming to represent a “generational leap in AI capability”, launched yesterday (11 February).

GLM-5 is a fifth-generation large language model (LLM) developed by the 2019-founded Zhipu AI. It offers around 745bn total parameters and 44bn active parameters per inference.

The model is engineered for agentic intelligence, advanced multi-step reasoning and “frontier-level” performance across coding, creative writing and complex problem-solving, its maker said.

The open-weight model is comparable to OpenAI’s GPT-5.2 and Anthropic’s Claude Opus 4.5, according to Artificial Analysis ranks, and has been trained entirely using Chinese-made Huawei Ascend chips.