Zhipu (Chinese AI company)

Zhìpǔ

智谱

releases

fābù

发布

GLM-5.1 (AI model)

GLM-5.1

GLM-5.1

model

móxíng

模型

and

bìng

并

again

zàicì

再次

raises

tígāo

提高

prices

jiàgé

价格

。

New Words

News in English

Zhipu Releases GLM-5.1 Model and Raises Prices Again

Chinese AI company Zhipu released its new GLM-5.1 model and raised usage prices by 8 to 17 percent at the same time.

Chinese artificial intelligence company Zhipu released the new GLM-5.1 model on April 8. This is an open-source large language model. At the same time, the company announced it will raise cloud usage prices by 8 to 17 percent. This is the second time Zhipu has raised prices this year. In February this year, Zhipu previously raised package prices by 30 percent. The company stated that the price increase is due to growing demand and rising costs. Analysts point out that many Chinese AI companies are shifting from pursuing user growth to pursuing revenue. This price hike reflects that the Chinese AI industry is starting to focus on profitability.

More in Science & Technology