PremiumIn recent days, the internet has been abuzz with China's sensational new open-weight model GLM 5.2, released by Z.ai (formerly Zhipu) on June 13, 2026, which many are saying could unleash a new "Deep Seek" moment on the US AI ecosystem. While we touched upon this previously when discussing the broader question of Chinese AI model competitiveness, this is how Goldman's Delta One head, Rich Privorotsky framed the latest Chinese shock to the system: