Lab profileActive listed lab

Zhipu AI / Z.ai (智谱AI)

Academic-to-Enterprise PipelineTotem · Knowledge-graph Z

Known for: Tsinghua-origin GLM stack for enterprise, agents, video, and state-linked deployments.

Spun out of Tsinghua's Knowledge Engineering Group (KEG); founded by professors Tang Jie (唐杰) and Li Juanzi (李娟子); CEO Zhang Peng (张鹏).

Founded
2019
Location
Beijing
GLM-130BChatGLMGLM-4GLM-5.2CogVLMCogVideoX
Revenue
RMB954M (~$132M), 1H2026
As of 2026-06-30
via Z.ai HKEX interim results
ARR
$1.6B monthly annualized run-rate
As of 2026-08-31
via Z.ai results reporting / Zhitong
Valuation
$38.7B
Market cap · live, 2026-10-12
via Yahoo Finance
Funding raised
$2B
~$2.0B cumulative raised, including $558M IPO proceeds
Employees
981
2026-06-30
via Z.ai 2026 Interim Report
Market cap / employee
$39.4M
How lean the team is

Models & API pricing

Rates are OpenRouter's listed prices (USD per 1M tokens), a convenient cross-provider benchmark. First-party / native API pricing in China can differ, sometimes materially. Source: OpenRouter, as of Sep 28, 2026. Compare them on the models page.

GLM-5.3
1311K context
$1.4
Input / 1M
$4.4
Output / 1M

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ISR 1 hour

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