SCMP Tech6/15/2026Tech1 min readChina
Zhipu AI Launches GLM-5.2 with 1-Million-Token Context Window, Stock Surges
Quick Look
- Zhipu AI released GLM-5.2 with a 1-million-token context window, significantly undercutting Western AI models on price.
- The company's Hong Kong-listed stock surged by up to 48% following the announcement.
AI-generated summary
Why It Matters
Zhipu AI has released GLM-5.2, a new AI model featuring a 1-million-token context window, and priced its access significantly lower than Western competitors.
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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.
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.
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.
Open Questions
- Will this pricing strategy impact Western AI companies?
- What are the performance benchmarks of GLM-5.2 compared to competitors?
Related Topics
OrganizationsAnthropic
This article was originally published by SCMP Tech.
