Company intelligence

Z.ai

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.

AI infraPublic ยท 2513.HKBeijing, ChinaFounded 2019Founders: Tang Jie, Li JuanziWebsite โ†—
Last verified Oct 20, 2023

Key Metrics

Total funding
$340M
As of Oct 20, 2023TechCrunch

Company Snapshot

Z.ai is a AI infra company, based in Beijing, China, founded 2019 by Tang Jie, Li Juanzi. Total funding $340M (As of Oct 20, 2023).

Recent changes

  1. Jul 2, 2026Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilot Pulse story
  2. Jul 2, 2026Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilot Pulse story
  3. Oct 20, 2023First reported total funding: $340M TechCrunch

Investors

Latest Pulse

  1. GLM-5.3 Hits the API at $1.40/$4.40 Per Million TokensZ.ai priced its new GLM-5.3 model identically to GLM-5.2 at $1.40 per million input tokens and $4.40 per million output tokens, undercutting Grok, Kimi, Claude Opus and GPT on a simple blended-cost comparison.โ†’
  2. Z.ai's GLM-5.3 Takes Aim at Claude and GPT in CodingChinese 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.โ†’
  3. China's Z.ai Holds Back Its Best Model Over Hacking RiskZ.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.โ†’
  4. China's AI Labs Race Toward A Wave Of IPOsMoonshot, 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.โ†’
  5. Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and CopilotZ.ai, the Beijing lab formerly known as Zhipu AI, officially launched ZCode on July 2 โ€” 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.โ†’
  6. Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub CopilotZ.ai launched ZCode on July 2, an agentic development environment built around its GLM Coding Plan and long-horizon task execution โ€” 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.โ†’

Coverage Timeline

newest first
  1. AIGLM-5.3 Hits the API at $1.40/$4.40 Per Million Tokensโ†’
  2. AIZ.ai's GLM-5.3 Takes Aim at Claude and GPT in Codingโ†’
  3. AIChina's Z.ai Holds Back Its Best Model Over Hacking Riskโ†’
  4. IPOChina's AI Labs Race Toward A Wave Of IPOsโ†’
  5. AIZ.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilotโ†’
  6. AIChinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilotโ†’

All Coverage

AI

GLM-5.3 Hits the API at $1.40/$4.40 Per Million Tokens

AI

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

AI

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

IPO

China's AI Labs Race Toward A Wave Of IPOs

AI

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

AI

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

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