{"slug": "zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips", "title": "Zhipu shares surge 37% as firm builds giant data centre powered by Chinese chips", "summary": "Chinese AI firm Z.ai (Zhipu) shares surged 37% in Hong Kong on Tuesday to close at HK$1,219 after completing a 1-gigawatt data centre powered entirely by domestic chips, according to sources. The Beijing-based company also acquired Chinese infrastructure software developer XCore Sigma, a spin-off from the Chinese Academy of Sciences, to address computing power constraints and improve AI inference efficiency.", "body_md": "# Zhipu shares surge 37% as firm builds giant data centre powered by Chinese chips\n\nThe Chinese AI firm’s stock price has rebounded amid reports it has completed a 1-gigawatt computing centre using only domestic chips\n\n[Minxiao Chang](/author/minxiao-chang)in Shenzhen\n\n[AI giant Z.ai](https://www.scmp.com/topics/beijing-zhipu-huazhang-technology?module=inline&pgtype=article)soared 37 per cent in Hong Kong on Tuesday to close at HK$1,219 (US$155), after the company recently completed a giant data centre powered entirely by Chinese chips.\n\n[GLM-5.2](https://www.scmp.com/tech/tech-trends/article/3359170/zhipu-ai-releases-harness-glm-52-model-chinese-firm-takes-aim-anthropic?module=inline&pgtype=article)as one of China’s leading large language models (LLMs).\n\nMeanwhile, the Beijing-based company had also completed the acquisition of Chinese infrastructure software developer XCore Sigma, a company spun off from the Chinese Academy of Sciences, the interviewees said.\n\nXCore Sigma focuses on heterogeneous computing software, including compilers, runtime systems and inference engines that help improve the utilisation of AI chips from different vendors, reduce inference costs and accelerate model deployment.\n\nZ.ai did not immediately respond to a request for comment on Tuesday.\n\nThe move, together with the new data centre, is set to address computing power constraints and improve AI inference efficiency for Z.ai.", "url": "https://wpnews.pro/news/zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips", "canonical_source": "https://www.scmp.com/tech/big-tech/article/3361374/zai-shares-surge-37-firm-builds-giant-data-centre-powered-chinese-chips?utm_source=rss_feed", "published_at": "2026-07-21 12:42:10+00:00", "updated_at": "2026-07-21 13:38:00.857461+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips", "ai-startups", "large-language-models"], "entities": ["Z.ai", "Zhipu", "GLM-5.2", "XCore Sigma", "Chinese Academy of Sciences", "Hong Kong"], "alternates": {"html": "https://wpnews.pro/news/zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips", "markdown": "https://wpnews.pro/news/zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips.md", "text": "https://wpnews.pro/news/zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips.txt", "jsonld": "https://wpnews.pro/news/zhipu-shares-surge-37-as-firm-builds-giant-data-centre-powered-by-chinese-chips.jsonld"}}