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Z.ai Shares Jump 8% After New AI Model Runs On Chinese Chips

by News Editor

August 27, 2026

Chinese artificial intelligence company Z.ai released a new model Wednesday that it says operates entirely on domestically produced semiconductors, highlighting China’s push to reduce reliance on foreign AI hardware.

The low-cost GLM-5.3-Flash ranks 10th on the Artificial Analysis Intelligence Index, ahead of DeepSeek V4 Pro Max. Z.ai’s Hong Kong-listed shares rose more than 8% in Thursday trading.

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Z.ai Claims 100,000 Domestic Chips

Z.ai said it used 100,000 China-made chips to process online requests for GLM-5.3-Flash, including after its August 20 release under the code name “Ox Alpha”. The model ranked first by usage on the global OpenRouter platform over the past week.

The company has not identified the chip suppliers, while CNBC was unable to independently verify the claim. Counterpoint Research senior analyst Ivan Lam said Z.ai is likely using Huawei Ascend chips alongside processors from other domestic suppliers, reflecting closer cooperation between Chinese AI developers and hardware companies.

Running an AI model generally requires less computing power than training one, meaning the use of domestic chips for inference does not necessarily demonstrate that the same hardware could train the model at scale.

China Pushes Domestic AI Hardware

The development comes as Nvidia faces restrictions on selling advanced chips to China, while Huawei and other Chinese companies expand their alternatives.

Beijing has accelerated efforts to strengthen domestic semiconductor and AI capabilities following U.S. restrictions on advanced chip exports. Leading U.S. AI models are also not officially available in China.

Z.ai’s release therefore offers another indication of how Chinese AI companies are adapting their infrastructure as access to leading foreign processors becomes more constrained.

MiniMax Shares Also Rise

Z.ai rival MiniMax gained about 3% in Hong Kong after reporting a 283% year-on-year increase in first-half revenue. Its adjusted net loss more than doubled to $293 million, while its M3 model ranks 18th on the Artificial Analysis Intelligence Index.

Both companies listed in Hong Kong in January. Since then, Z.ai shares have climbed more than 800%, compared with a gain of more than 80% for MiniMax. Z.ai is scheduled to report its first-half results on Monday.

The Future Forbes Realty Global Properties

A New Twitter-Inspired Social Network Is Taking Shape

by News Editor

August 27, 2026

A new social network called Twitter.now is entering the market, with a founding team that includes former Twitter trademark counsel Stephen Coates. The service is being developed by startup Operation Bluebird.

As Ars Technica reported, X sued the company last year and asked a Delaware judge to block the launch. Operation Bluebird argued in a petition that X had abandoned trademarks including “Twitter” and “Tweet.”

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Coates has said the project is not an attempt to recreate the original Twitter. In a LinkedIn post, he described the platform as a new public space focused on trust, transparency and user choice.

AI System To Rate Posts

Twitter.now is currently being tested, with early access priced at $20. Its main feature is VERA, an AI system designed to evaluate posts, verify claims and provide sources and context.

Posts receive a trust score, with users eventually able to set a minimum score to filter their feeds. The company says this approach will give people more control over what they see instead of leaving those decisions entirely to an algorithm.

Moderation Remains A Challenge

Scaling moderation will be one of the platform’s biggest tests. Social networks have repeatedly struggled with content moderation as their communities grow, and newer platforms such as Bluesky have faced similar criticism.

Operation Bluebird says VERA will form the basis of its moderation and verification system. A second version is already planned, with expanded tools that would let users set a specific trust threshold for the posts appearing in their feeds.

For now, Twitter.now remains in an early testing phase, combining the familiarity of the Twitter name with an AI-driven approach to evaluating online information.