Zhipu AI Completes B-4 Round Financing with Investments from Tencent and Alibaba


China Eastern Airlines partners with Alibaba's Qianwen and Fliggy to become the first airline in China to fully integrate consumer AI. Passengers can book flights and receive subsidies via voice commands, shifting from search to conversational service, streamlining ticket purchases. Future plans include expanding 'flight+' and lifestyle services.....
The domestic large model sector saw a breakthrough during the 2026 Spring Festival. Zhipu AI released its new large model GLM-5, triggering a strong reaction in the capital market, with a stock price surge of 200% and a market value reaching 150 billion HKD. Previously, the model was anonymously introduced as "Pony Alpha", showing outstanding coding capabilities.
Alibaba's new generation foundation model Qwen3.5 is about to be released and has already submitted a code merge application to HuggingFace. The model uses a new hybrid attention mechanism and may natively support visual understanding. It is expected to open-source at least 2B dense models and 35B-A3B MoE models, and is expected to be officially open-sourced during the Spring Festival.
Two weeks after the release of Zhipu AI's open-source model GLM-4.7-Flash, its download count on Hugging Face exceeded 1 million. This 30B-A3B hybrid thinking model delivers strong performance, outperforming gpt-oss-20b and Qwen3-30B-A3B-Thinking-2507 in tests such as SWE-bench Verified and τ²-Bench, leading among models of the same size.
Domestic AI large models have made breakthroughs, with the "Emu3" model from the Zhiyuan Institute being published in the journal Nature, marking the first international recognition for a Chinese large model in the field of academic excellence, indicating significant progress in underlying architecture innovation.