Z

Z.ai (Zhipu AI)

2513.HK

Foundation Models

Chinese AI company building GLM language models with downloadable weights; formerly Zhipu AI. Listed on the Hong Kong Stock Exchange on 8 January 2026.

Total funding$750M

Market cap$58.6B

Employees1,094

Founded2019

HeadquartersBeijing, China

StatusPublic

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Z.ai Model API Model API Sold on its own

  Hosted API for the GLM model family, billed per token.

• Z.ai Application Sold on its own

  Assistant built on the GLM models, covering chat, web search and document work.

• GLM Coding Plan Developer tool Sold on its own

  Flat-rate monthly subscription providing GLM model access inside third-party coding agents and IDEs such as Claude Code, Codex, Cline, OpenCode, Cursor and Windsurf, billed separately from Z.ai's per-token API.

• AutoClaw AI agent Sold on its own

  Locally installed AI agent application with 50+ preconfigured skills that performs document generation, data analysis, browser automation and messaging-app collaboration, running on Windows, macOS, iOS and Android and defaulting to the GLM-5.3 model.

• Zhipu Qingyan Application Sold on its own

  Zhipu's Chinese-market consumer AI assistant and agent built on the GLM model family, covering dialogue, writing, coding, translation and multimodal input.

• AutoGLM Application Sold on its own

  Deep-research assistant that searches and scrapes source websites to produce structured research reports and can emit the result as a slide deck or web page, with browser automation and video summarisation.

• AMiner Application Sold on its own

  AI research assistant built on Zhipu's GLM models that performs academic and scholar search, AI-assisted paper reading, literature-review generation with citations, and scholarly question answering.

Closest alternatives 3

AAnthropicPrivate · $965BSouth China Morning Post names Anthropic and its Claude Code platform as the rival Zhipu/Z.ai's new coding-agent harness (ZCode, sold via the GLM Coding Plan) is squaring off against; both are AI coding-assistant products.10 of 13 capabilitiesShared product typeLarger scaleSourced competitorCode with an AI assistantCompareUUpstagePrivate · $958.8MSame technical report benchmarks Solar Open against GLM-4.5-Air by name with a head-to-head score. GLM is Z.ai's (Zhipu AI's) model family; Z.ai Model API shares build-on-llm-api.5 of 13 capabilitiesShared product typeSmaller scaleSourced competitorBuild on a hosted model APICompareLCLG CorpPublic · $13.4BK-EXAONE 2.0's launch benchmarks directly compare against Zhipu's GLM-5.1, both API-served frontier LLMs.1 of 13 capabilitiesShared product typeSame scale bandSourced competitorBuild on a hosted model APICompare

Similar products 147

How this list is ranked ↗

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smaller scale (private).4 of 13 capabilitiesShared product typeSmaller scaleCompareCClickUpPrivate · $4BAMiner and Brain² do comparable work on summarization; both also serve buyers who need to draft and edit written content; smaller scale (private); ships agent platform rather than the same layer.6 of 13 capabilitiesDifferent layerSmaller scaleCompareTTypefacePrivateAMiner and Typeface Arc Graph both serve buyers who need to draft and edit written content; Typeface's scale not recorded.3 of 13 capabilitiesShared product typeCompareNCNAVER CloudPrivateAMiner and CLOVA Chatbot both serve buyers who need to draft and edit written content; NAVER Cloud's scale not recorded.5 of 13 capabilitiesShared product typeCompareSSynthesiaPrivate · $4BZ.ai Model API and Synthesia API do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).1 of 13 capabilitiesShared product typeSmaller scaleCompareIInVideoPrivate · $52.5M raisedZ.ai Model API and invideo AI do comparable work on video generation; both also serve buyers who need to create images and video; similar scale (private).1 of 13 capabilitiesShared product typeCompareLALiquid AIPrivateZhipu Qingyan and Liquid Apollo both serve buyers who need to use an everyday AI assistant; Liquid AI's scale not recorded.Shared product typeCompareAAArtisse AIPrivate · $6.7M raisedZ.ai Model API and Artisse do comparable work on image generation; both also serve buyers who need to create images and video; similar scale (private).1 of 13 capabilitiesShared product typeCompareSSemrushAcquired ($1.9B deal)AMiner and Semrush AI Visibility Toolkit do comparable work on search answers; Semrush is acquired, with no independent scale.2 of 13 capabilitiesShared product typeCompareKKrispPrivateZhipu Qingyan and Krisp Voice Translation do comparable work on translation; Krisp's scale not recorded.3 of 13 capabilitiesShared product typeCompareYYou.comPrivate · $1.5BAMiner and You.com Answer API do comparable work on search answers; smaller scale (private); ships API service rather than the same layer.2 of 13 capabilitiesDifferent layerSmaller scaleCompareDDatabricksPrivate · $190BAutoGLM and AI/BI do comparable work on presentation generation; larger scale (private).5 of 13 capabilitiesShared product typeLarger scaleCompareHHarveyPrivate · $11BAMiner and Harvey Knowledge do comparable work on search answers; smaller scale (private).3 of 13 capabilitiesShared product typeSmaller scaleCompareMMidjourneyPrivate · $0 raisedZ.ai Model API and Midjourney do comparable work on image generation; both also serve buyers who need to create images and video; Midjourney's scale not recorded.1 of 13 capabilitiesShared product typeCompareWLWorld LabsPrivate · $5.3BZ.ai Model API and World Labs API both serve buyers who need to create images and video; smaller scale (private).Shared product typeSmaller scaleCompareGG42Private · $2.3B raisedZ.ai Model API and Jais both serve buyers who need to build on a hosted model API; similar scale (private).1 of 13 capabilitiesShared product typeCompareCColossyanPrivateZ.ai Model API and Cora do comparable work on video generation; both also serve buyers who need to create images and video; Colossyan's scale not recorded.1 of 13 capabilitiesShared product typeCompareSSmartsheetPrivate · $8.4BAMiner and Smartsheet AI do comparable work on summarization; smaller scale (private).5 of 13 capabilitiesShared product typeSmaller scaleCompareDD-IDPrivateZ.ai Model API and Creative Reality Studio do comparable work on video generation; both also serve buyers who need to create images and video; D-ID's scale not recorded.1 of 13 capabilitiesShared product typeCompareUUiPathPublic · $7.2BGLM Coding Plan and UiPath Test Cloud do comparable work on agentic coding; smaller scale (public).4 of 13 capabilitiesShared product typeSmaller scaleCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Market cap

Third-party database · 27 Aug 2026

Refreshed against the listing's own page; the listing quotes this field in HKD, converted at the ECB reference rate for 2026-08-26.

Employees

Third-party database · 27 Aug 2026

1,094 read from the listing overview on 2026-08-27; unlike the other 41 listed companies the site has no dated /employees/ page for this ticker, so this as_of is the read date, not the figure's effective date. TradingView independently showed ~1,090 as of 2026-07-30.

Founded

Wikipedia · 27 Aug 2026

Wikipedia infobox "founded" field, read 2026-08-27.

Revenue (TTM)

News reporting · 31 Mar 2026

Z.ai's first post-IPO annual results (its January 2026 HKEX listing): revenue of RMB 724.33 million (US$104.8 million), up 131.9% year-on-year, as reported directly by the South China Morning Post from the company's own filing. Corroborated by Reuters/TradingView, Yicai, Investing.com and BigGo. Corrects the previous $119,900,000.

Merged from

NOT an acquisition — a duplicate. The 2026-08-20 duplicate review found zhipu-ai and z-ai were one company recorded twice: Zhipu AI is the founding name and Z.ai the brand it now trades under. The surviving id is z-ai; see the duplicate-review entry in CLAUDE.md's known gaps. Recorded 2026-08-27, when provenance.merged_from became mandatory. (Recategorised from third-party-database to not-found: this was never an aggregator citation — the finding came from this project's own 2026-08-20 duplicate review, not an external source, and kind was set wrong at the time.)

Description

Official documentation · 6 Sep 2026

What the cited page establishes is the rest: the org card reads "Zhipu AI (Z.ai)", confirming the former name, and the GLM series is published there with downloadable weights.

Open Z.ai (Zhipu AI) in the directory

Something wrong here? Send a correction — quote this company id: z-ai.