Skip to content
Source · Daily Brief

AI Daily Brief — 11 February 2026

Wednesday belongs to Zhipu (Z.ai), which launches GLM-5 — a 744B-parameter Mixture-of-Experts model (44B active) trained on domestic Huawei Ascend chips and arriving immediately at the top of the Artificial Analysis Intelligence Index for open-weight models. Hong Kong-listed Zhipu shares jump as much as 34% intraday; the stock is now up more than 1,700% since its 8 January HK IPO. The “China’s first public AI company ships a frontier model” framing dominates global coverage. Separately, Blackstone raises its stake in Anthropic to roughly $1B at a $350B valuation — the lead-in to tomorrow’s official $30B Series G.

Top stories

  • Zhipu — GLM-5 launches. 744B total / 44B active MoE, MIT licence, trained on Huawei Ascend. Immediately ranks as the highest-scoring open-weight model on Artificial Analysis. Official API pricing $1.00 / $3.20 per M input/output; OpenRouter at ~$0.80 / $2.56 — undercutting Claude Opus 4.6 by 5-6× on output and 5-8× vs Western frontier labs. via Bloomberg
  • Zhipu stock +34% intraday. Hong Kong-listed shares surge on the launch. The stock is up 1,700%+ since its 8 January IPO debut. GLM-5 also surpasses Moonshot AI’s recent flagship to claim the top open-source spot on Artificial Analysis. via Techloy
  • “China’s first public AI company shipping a frontier model.” Hugging Face’s lead-in framing: the first major release by a publicly listed Chinese AI lab to land at the open-weights frontier — a notable shift in the China narrative from research-lab dominance toward public-company commercial scale. via Hugging Face
  • Blackstone raises Anthropic stake to ~$1B at $350B. A fresh ~$200M check brings Blackstone’s cumulative stake to roughly $1B. Anthropic’s round valuation hits $350B — nearly 2× its prior $183B from less than a year earlier. The round has already blown past its original $10B target and is reportedly heading past $20B; Coatue, GIC and Iconiq each commit more than $1B. Setup for Thursday’s formal $30B Series G close. via Bloomberg

Open-source pulse

Zhipu also adjusts its GLM Coding Plan subscription tier alongside the model release — reported as a ~30% price increase that lands as GLM-5 goes live. The Chinese pre-Lunar-New-Year release wave is now officially underway, with Qwen 3.5 and ByteDance Doubao-Seed-2.0 queued for the Feb 14-17 window.

Quiet corners

No first-party model shipping from OpenAI, Anthropic, Google DeepMind, Meta AI, xAI, Microsoft AI or Thinking Machines Lab. The week’s running narrative — OpenAI ads in ChatGPT, the SB 53 Midas Project complaint, Runway’s $315M Series E — keeps trending into Wednesday digests.

By the numbers

  • GLM-5: 744B total / 44B active MoE · MIT licence · Huawei Ascend training
  • GLM-5 pricing: $1.00 / $3.20 per M tokens (5-8× cheaper than Western frontier)
  • Zhipu stock: +34% intraday · up 1,700%+ since 8 January HK IPO
  • Anthropic Series G build-up: $350B valuation · Blackstone stake ~$1B · Coatue + GIC + Iconiq each >$1B

Compiled by AI Feed’s editor from publicly reported announcements on 11 February 2026.