China’s Zhipu AI, developer of GLM-5.2, defies slump as it pursues AGI over quick profits
• Zhipu AI, the developer of GLM-5.2, maintained its stability on Monday while other AI-related stocks in Hong Kong and mainland China experienced a broad plunge. • The market downturn significantly impacted the sector, with rival AI firm MiniMax seeing its value slump by nearly 20 per cent. • The decline extended across the broader supply chain, affecting chip designers, materials suppliers, and semiconductor-equipment makers.
scmp.com
