Zhipu AI Soars 33% Amid Anthropic's Model Shutdown

Zhipu AI's shares surged 33% after the U.S. disabled Anthropic's AI models, creating a market opportunity for Chinese developers. The firm launched GLM-5.2, a powerful open-source model designed for complex coding tasks. Analysts predict significant growth, with JPMorgan raising Zhipu's target price. However, the new model faces scrutiny due to the lack of verified performance metrics.