The meteoric rise in the Chinese AI company’s share price has been driven by the release of GLM-5.2, as demand for its paid services grows
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Chinese artificial intelligence startup Zhipu AI’s surging stock has brought its market cap to a record HK$1 trillion ($128 billion), extending a rally driven by the launch of its latest large language model.
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Hong Kong-listed Zhipu briefly topped HK$880 billion in market value as investors bet on rapid revenue growth and enterprise…
The 33% jump follows the firm’s rollout of GLM-5.2 large language model, which came as Washington suddenly ordered the suspension…
New model ranks second globally on Code Arena list for front-end web development tasks, trailing only Anthropic flagship Claude…
Chinese artificial intelligence developer Zhipu AI crossed the HK$1 trillion ($127 billion) market valuation mark on Monday,…
Zhipu and some Chinese peers aim to capture users changing from US rivals’ top models amid high prices, geopolitical bans.
Move underscores a trend of Chinese players seeking to capture users displaced by rising prices for top models from US rivals.
