From Zero to $1.2T: Zhipu AI's Open-Source Wins Big as Anthropic Stumbles
Chinese AI startup Zhipu AI saw its Hong Kong-listed entity soar to a $1.2 trillion valuation after open-sourcing its GLM-5.2 model, capitalizing on the regulatory missteps that crippled Anthropic. The episode illustrates how startups can weaponize open-source and jurisdictional agility.