Gate News update. On April 2, most Hong Kong stock OpenClaw concept shares (AI open-source model-related concepts) fell. Zhipu (02513.HK) fell more than 15%, MINIMAX-W (00100.HK) fell more than 9%, Kingsoft Cloud (03896.HK) and Xiaomi Group (01810.HK) fell more than 3%, Alibaba (09988.HK) and Meituan (03690.HK) fell more than 2%.

Gate News message, April 2, Zhipu AI released the multimodal coding foundation model GLM-5V-Turbo, designed specifically for visual programming scenarios. The model natively supports multimodal input understanding such as images, video, design drafts, and document layouts, and can also call multimodal tools such as framing, screenshots, and reading webpages, with the context window expanded to 200k.

Zhipu will achieve revenue of over 724 million yuan in 2025, up 132% year over year, becoming the largest large-model company in China, but net losses will increase to 4.718 billion yuan. The MaaS API platform will generate annual revenue of 1.7 billion yuan, with a significantly improved gross margin. In the first quarter of 2026, API prices will be raised by 83%.

Zhipu released GLM-5.1, making it available to all GLM Coding Plan users. In the coding ability test, GLM-5.1 scored 45.3, significantly better than the previous generation’s 35.4, and close to Claude Opus 4.6, showing clear progress.

According to 1M AI News monitoring, Mercedes-Benz China announced that an edge-side multimodal large language model jointly developed with Tsinghua University and Zhipu, an AI large model company that listed on the Hong Kong Stock Exchange in January this year, will be deployed in the new generation Maybach S-Class and the new S-Class sedan. The model is deployed in the rear-seat entertainment system, integrating natural language processing with multimodal understanding and generation capabilities in vision, audio, and other modalities. Combined with in-vehicle cameras and other sensing hardware, it completes inference under local computing power conditions. According to Zhipu's official statement, Mercedes-Benz has thus become the first automotive brand to apply a multimodal large language model in a rear-seat entertainment system.

Gate News update: On March 25, the Hong Kong stock AI application sector strengthened. Weride-W (00800.HK) rose 8%, Haizhi Technology Group (02706.HK) rose 6.77%, Zhipu (02513.HK) rose 4.58%.

Zhipu Z.ai's global head Li Zixuan revealed that GLM-5 leads human benchmarks in the Prediction Arena prediction market with a 42.99% return rate, becoming the only AI model to surpass humans. The model executed 98 trades with outstanding performance.

Gate News, on March 21, Zhipu Z.ai global head Li Zixuan posted on the X platform stating: "Don't panic. GLM-5.1 will be open source." (Don't panic, GLM-5.1 will be open source.) The release date and specific details of the model have not yet been disclosed.

Gate News reports that on March 19, Hong Kong-listed OpenClaw concept stocks experienced a collective pullback. Xunce (03317.HK) fell over 6%, MINIMAX-W (00100.HK) fell over 5%, and Zhipu (02513.HK) fell over 4%. Additionally, Tencent Holdings (00700.HK), Alibaba (09988.HK), Kingsoft Cloud (03896.HK), NetEase-S (09999.HK), Baidu (09888.HK), and others also showed correlated declines.

Zhipu AI's global head Li Zixuan published an AI model competition classification framework on the X platform, categorizing laboratories into four types: Disruptors, Strong Players, Specialists, and Philanthropists. He emphasized that the goal is to continuously climb upward, pursuing innovation and top-tier performance.