2 weeks ago
Z.ai to Rival Anthropic, OpenAI in Coding With New Model
Z.ai, also called Zhipu, is a company in Beijing, China, that builds computer programs called AI models.
Those models can read text, answer questions, and even help write computer code.
Z.ai is about to launch a new and better version of its smartest model, named GLM-5.3.
The new model will be especially good at coding, which means helping programmers build software.
Z.ai wants its model to be just as good as the models made by famous American companies Anthropic and OpenAI, which make some of the smartest AI in the world.
On benchmark tests, Z.ai says GLM-5.3 performs close to, and sometimes better than, Anthropic's Fable 5 model.
Z.ai will let anyone download the model's 'weights,' the inner settings that make it work, so people can build their own versions.
The company earns about $1 billion every year from developers and businesses that use its services.
China and the United States are racing to build the best AI, and Z.ai is working hard to be part of that competition.
Z.ai (Zhipu) will release GLM-5.3, an AI model with improved coding capabilities, within two weeks.
GLM-5.3, built on a roughly 700-billion-parameter base model, benchmarks close to or ahead of Anthropic's Fable 5.
The model launches with a permissive license, part of a wave of open-weight Chinese models competing with Anthropic and OpenAI.
Z.ai's market value peaked at $137 billion after GLM-5.2's release and has since fallen to about $80 billion, still a tenfold gain since its January Hong Kong listing.
DeepSeek raised prices up to fourfold on its V4 Flash and Pro models, opening an opportunity for Z.ai to gain market share.
- Who
- Z.ai (also known as Zhipu), a Beijing-based AI company competing with US firms Anthropic and OpenAI.
- What
- Z.ai is upgrading its flagship large language model to GLM-5.3, with improved coding capabilities and a permissive license, to be released within two weeks.
- Where
- Beijing, China, where Z.ai is based; the AI competition spans the US and China.
- When
- The article does not specify an exact announcement date; GLM-5.3 is planned for release within two weeks, following the June release of its predecessor GLM-5.2.
- Why
- To close the gap on leading AI models such as Anthropic's Fable 5 and capture market share, especially as DeepSeek raises prices.
Key facts
- Company
- Z.ai (Zhipu), Beijing-based
- New model
- GLM-5.3
- Key feature
- Improved coding capabilities
- Base model size
- Roughly 700 billion parameters
- Weights release
- Within two weeks
- Peak market value
- $137 billion, later falling to about $80 billion
- Annual recurring revenue
- $1 billion (reached in July)
- DeepSeek pricing
- Price increase of up to fourfold for V4 Flash and Pro models
Sources
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