To compete with OpenAI worldwide, Zhipu, a Chinese AI startup, is releasing GLM-4.5, its largest open-source model.
This action is a part of a rising trend in China where AI startups are advancing the field and setting industry standards by making their models publicly available.
Additionally, Zhipu is thinking of raising $300 million through an IPO in Hong Kong.
To compete with OpenAI globally, Zhipu, a Chinese AI startup, plans to release GLM-4.5, its largest open-source model.
This action fits with a larger pattern in China, where AI entrepreneurs are opening up their models more and more in an effort to develop the field and define industry standards.
Large Chinese IT companies including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. support Zhipu, which most recently changed its name to Z.ai in English.
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In an attempt to raise roughly $300 million, the business is thinking of moving its scheduled initial public offering (IPO) from mainland China to Hong Kong.
This open-sourcing model trend is a component of China's larger artificial intelligence (AI) self-reliance plan.
The Chinese government is actively encouraging the creation of an autonomous and manageable AI ecosystem, having recognized AI as a strategic priority for both economic and national security.
An important step in this approach has been taken with the release of GLM-4.5, which shows China's desire to take on world AI heavyweights like OpenAI.
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China, however, has a number of obstacles in its quest for AI independence.
The nation lags behind the US in its semiconductor industry, which is essential to the development of AI.
Although China has made strides in creating AI chips of its own, US semiconductor designers such as Nvidia are still outperforming them in terms of performance.
Furthermore, China's reliance on international open-source communities for AI advancement presents a possible weakness since geopolitical conflicts may have an impact on the nation's continued involvement in these groups.