Zhipu AI’s stock rockets after Chinese firm makes GLM-5.2 open source

Shares of Zhipu AI surged up to 48% on Monday after the Chinese firm announced it would open-source its latest large language model, GLM-5.2, later this week. The move aims to attract users seeking cheaper alternatives to rising prices from US rivals like Anthropic, with the new GLM Coding Plan priced at a tenth of Anthropic's premium tiers.

Advertisement Zhipu AI’s stock rockets after Chinese firm makes GLM-5.2 open source Move underscores a trend of Chinese players seeking to capture users displaced by rising prices for top models from US rivals 1-MIN READ1-MIN Listen Minxiao Chang /author/minxiao-chang in Shenzhen Shares of Beijing-based artificial intelligence https://www.scmp.com/topics/artificial-intelligence?module=inline&pgtype=article pioneer Zhipu AI https://www.scmp.com/topics/beijing-zhipu-huazhang-technology?module=inline&pgtype=article soared on Monday after it unveiled plans to make GLM-5.2, its latest and most powerful large language model, available on an open-source basis later this week.The Hong Kong-listed stock surged as much as 48 per cent to HK$1,620 in morning trading, before retreating to HK$1,404 at the noon break. Trading as Knowledge Atlas Technology, the high-flying generative AI specialist has seen its stock price rise https://www.scmp.com/tech/big-tech/article/3356390/minimax-once-led-zhipu-hong-kongs-ai-stock-race-how-tables-have-turned?module=inline&pgtype=article more than 780 per cent since its blockbuster initial public offering https://www.scmp.com/business/banking-finance/article/3356344/hong-kongs-hang-seng-tech-index-welcomes-minimax-zhipu-ai-milestone-amid-slump?module=inline&pgtype=article in early January.Advertisement Zhipu AI announced on Saturday the full release of GLM-5.2, featuring a massive 1-million-token context window. The launch underscores a trend of Chinese players seeking to capture users displaced by higher-priced Western alternatives. Advertisement Users can access the model through the new GLM Coding Plan subscription, which is priced at just a tenth as much as Anthropic’s premium Claude Code and Claude Max tiers. Advertisement Select Voice Select Speed 1.00x