Zhipu AI Releases Chinese LLM Alignment Evaluation Benchmark AlignBench


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.
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.
Zhipu AI, due to a surge in users after the release of GLM-4.7, has announced limited sales of the GLM Coding Plan to ensure the experience of existing users. Peak time concurrency limiting is displayed, showing the strong demand for domestic large models.
Chinese large model companies are aggressively rushing toward listing. Recently, Born Ready Technologies, MiniMax, and Zhipu Huazhang have successively passed the Hong Kong Stock Exchange hearing or completed registration, marking that several leading AI companies have entered the final countdown for IPO. This reflects that the domestic large model industry is transitioning from the technology development stage to a crucial phase of commercialization and capitalization, with the industry facing an important turning point.
Zhipu AI officially open-sources its latest general vision model, GLM-4.1V-Thinking, based on the GLM-4V architecture, which introduces a chain-of-thought reasoning mechanism, significantly enhancing its capabilities for complex cognitive tasks. The model supports multimodal inputs such as images, videos, and documents, and excels in diverse scenarios including long video understanding, image question answering, subject problem-solving, text recognition, document interpretation, grounding, GUI Agent, and code generation, covering a wide range of industry application needs. GLM-4.1V-9B-Thinking