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-5.1CogVLMCogVideoX
Revenue
RMB724M (~$105M)
As of 2026-03-31
via Knowledge Atlas annual report
ARR
RMB1.7B MaaS API ARR (~$250M)
As of 2026-03-31
via Knowledge Atlas annual report
Valuation
$91.2B
Market cap · live, 2026-05-29
via Yahoo Finance
Funding raised
$2B
~$2.0B cumulative raised, including $558M IPO proceeds
Employees
1,094
2026-05-29
via Yahoo Finance
Market cap / employee
$83.3M
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 May 29, 2026. Compare them on the models page.

GLM-5.1
203K context
$0.98
Input / 1M
$3.08
Output / 1M

News & coverage

Notable recent updates, newest first.

ISR 1 hour
FundingMay 23, 2026
Zhipu

Zhipu AI's valuation surged nearly 30% in a single day.