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Zhipu AI

GLM series creator. GLM-5.2 open-sourced under MIT license is now the strongest open Chinese model. Cheap international API at $0.36/$1.14 per 1M.

GLM series creator. GLM-5.2 open-sourced under MIT license is now the strongest open Chinese model. Cheap international API at $0.36/$1.14 per 1M.

Founded 2019
Beijing, China
zhipuai.cn/

Zhipu AI History Timeline(8)

2026-09-25
market

Z.AI HK shares near HK$610 on Sept 25

Caught in global API price war, market cap back to ~HK$300B

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2026-09-24
regulation

ZCode default workspace bundling incident disclosed

9/24 developer ferstar reported on 9/18 disclosure of a 313MB snapshot file containing Git history and LFS cache

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2026-09-13
funding

Zhipu Z.AI announces $5B raise via H-share placement and convertible bonds

Zhipu filed a HKEX announcement for a roughly $5B raise comprising an H-share placement of 21.965M shares at HK$714 (a 9.96% discount) and RMB 20.14B of zero-coupon convertible bonds; 60% of proceeds earmarked for next-gen GLM, Fully Self Training and compute

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2026-09-09
pricing

Overseas GLM-5.3-Flash half-price API promotion ended

The half-price promotion for Ox Alpha on OpenRouter and OpenCode ended at 24:00 on September 9. Input pricing returns from $0.075 to $0.15 per 1M tokens, output from $0.25 to $0.50.

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2026-08-31
earnings

Z.ai H1 2026 interim results

H1 revenue RMB 954M up 399.7%, API/platform 86.5%, ARR $1.6B

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2026-08-08
launch

GLM-5.3 leaks via ZCode page

Aug 3 ZCode briefly shows GLM-5.3 page, coding as core feature

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2026-06-17
launch

GLM-5.2 launches and open-sources

June 17, MIT license, 1M context, Code Arena global available #1

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2026-06-17
ecosystem

8 domestic compute platforms Day-0 adaptation

Huawei Ascend, Pingtouge, Moore Threads, Cambricon, Kunlunxin, MetaX, Hygon, Biren

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