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deep tech TNW July 02, 2026

A cheap Chinese AI model is closing in on Anthropic and OpenAI

A cheap Chinese AI model is closing in on Anthropic and OpenAI
AI Summary

Chinese startup’s latest AI model has landed fourth on one of the industry’s most closely watched intelligence rankings, and it costs a fraction of what Anthropic or OpenAI charge for comparable performance. GLM-5.2, released last month by Beijing-based Z.ai, has become the talk of Silicon Valley for coding and agentic capabilities that edge close to […] This story continues at The Next Web

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