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Z.ai Valuation & Funding

AI infra2513.HK · Public

Z.ai (formerly Zhipu AI) is a Beijing-based AI lab developing the GLM family of large language models and agentic developer tools like ZCode.

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Last updated: Aug 16, 2026 · Profile verified Jul 31, 2026

Company Profile

Z.ai (formerly Zhipu AI) is a Beijing-based AI lab developing the GLM family of large language models and agentic developer tools like ZCode.

Founded 2019Beijing, China2513.HK
Investors
AlibabaTencentAnt GroupMeituanXiaomiHillhouseQiming Venture PartnersProsperity7 Ventures
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Z.ai FAQ

Is Z.ai publicly traded?
Yes. Z.ai trades under the ticker 2513.HK.
Who are Z.ai's investors?
Z.ai's investors include Alibaba, Tencent, Ant Group, Meituan, Xiaomi, Hillhouse, Qiming Venture Partners, Prosperity7 Ventures.

Coverage Timeline

newest first
  1. Aug 16, 2026AIZ.ai's GLM-5.3 Takes Aim at Claude and GPT in Coding→
  2. Aug 14, 2026AIChina's Z.ai Holds Back Its Best Model Over Hacking Risk→
  3. Jul 23, 2026IPOChina's AI Labs Race Toward A Wave Of IPOs→
  4. Jul 2, 2026AIZ.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and CopilotUp to 82% cheaper than Opus 4.8→
  5. Jul 2, 2026AIChinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub CopilotNew product launch→

All Coverage

AI· Aug 16, 2026

Z.ai's GLM-5.3 Takes Aim at Claude and GPT in Coding

Illustration for: Z.ai's GLM-5.3 Takes Aim at Claude and GPT in Coding
AI

Z.ai's GLM-5.3 Takes Aim at Claude and GPT in Coding

Chinese AI lab Z.ai is upgrading its flagship GLM-5.3 model with sharper coding capabilities, the latest sign that Chinese labs are closing the gap with Anthropic and OpenAI on developer-focused benchmarks.

Aug 16, 2026DEEP DIVE
AI· Aug 14, 2026

China's Z.ai Holds Back Its Best Model Over Hacking Risk

Illustration for: China's Z.ai Holds Back Its Best Model Over Hacking Risk
AI

China's Z.ai Holds Back Its Best Model Over Hacking Risk

Z.ai built GLM-5.3 into the strongest open coding and vulnerability-hunting model it has released, then delayed publishing its weights because its own cyber capability tests came back higher than the company expected.

Aug 14, 2026DEEP DIVE
IPO· Jul 23, 2026

China's AI Labs Race Toward A Wave Of IPOs

Illustration for: China's AI Labs Race Toward A Wave Of IPOs
IPO

China's AI Labs Race Toward A Wave Of IPOs

Moonshot, DeepSeek, MiniMax and Z.ai are all pursuing or completing public listings within months of each other, a compressed wave of Chinese AI IPOs that resets how investors value the entire sector.

Jul 23, 2026
AI· Jul 2, 2026

Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilot

Illustration for: Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilot
AIUp to 82% cheaper than Opus 4.8

Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilot

Z.ai, the Beijing lab formerly known as Zhipu AI, officially launched ZCode on July 2 — a free, agent-first development environment purpose-built for its GLM-5.2 model, with subscription plans starting at $16.20/month, up to 82% cheaper than Anthropic's Claude Opus 4.8 API pricing. The launch lands three weeks after a US export-control order briefly suspended foreign access to Anthropic's Claude Fable 5 and Mythos 5, an episode Z.ai's timing has directly capitalized on, with GLM-5.2 running entirely on Huawei silicon and ranking second globally on the Code Arena leaderboard behind only Claude Fable 5.

Jul 2, 2026
AI· Jul 2, 2026

Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilot

Illustration for: Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilot
AINew product launch

Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilot

Z.ai launched ZCode on July 2, an agentic development environment built around its GLM Coding Plan and long-horizon task execution — the user describes an outcome, the agent plans the work, edits files, runs checks and iterates until the goal is met. It enters a coding-agent market where, per VentureBeat, virtually every developer shipping software in 2026 is already using Claude Code, GitHub Copilot or Cursor, positioning ZCode as a lower-cost, desktop-native challenger.

Jul 2, 2026
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