Z.ai Shares Jump 8% After Unveiling AI Model Run on 100,000 Chinese Chips
Updated
Updated · CNBC · Aug 27
Z.ai Shares Jump 8% After Unveiling AI Model Run on 100,000 Chinese Chips
3 articles · Updated · CNBC · Aug 27
Summary
Hong Kong-listed Z.ai rose more than 8% on Thursday after launching GLM-5.3-Flash, which it says runs entirely on domestic semiconductors.
100,000 China-made chips handled all online requests for the model, including its Aug. 20 debut under the code name Ox Alpha, though CNBC could not independently verify the claim.
GLM-5.3-Flash ranked 10th on the Artificial Analysis Intelligence Index—ahead of DeepSeek V4 Pro Max—and was the most-used model last week on OpenRouter.
The launch highlights China's push for AI and chip self-sufficiency as U.S. export curbs limit access to advanced Nvidia processors and American AI models remain officially unavailable in China.
Z.ai reports first-half results on Monday after its shares surged more than 800% since its January Hong Kong listing.