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

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.

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.

Dictionary.com Names ‘Maxxing’ Its Word Of The Year For 2026

Dictionary.com has named “maxxing” its Word of the Year for 2026, reflecting a growing online trend of optimising almost every aspect of life, from health and appearance to work and leisure.

The choice follows last year’s selection of “6-7”, a phrase popularised by younger internet users. Unlike that expression, “maxxing” has spread beyond niche online communities into everyday social media language.

From “Looksmaxxing” To Mainstream Usage

Derived from “maximising”, “maxxing” describes doing something to the fullest or optimising it as much as possible. According to Dictionary.com, its roots lie in phrases such as “maxing out” a credit card and gaming terminology.

During the 2010s, the term gained traction in manosphere and incel communities through “looksmaxxing”, referring to efforts to improve physical attractiveness through fitness, grooming and, in some cases, more extreme measures.

The word later became associated with controversial manosphere influencers, including livestreamer Braden Peters, known as Clavicular, who promotes an intense focus on male appearance.

A Broader Meaning

Younger social media users have since expanded “maxxing” beyond its original associations. Searches for the term surged in August as it became a label for everything from wellness routines to workplace habits. It is also used ironically to poke fun at the pressure to constantly improve.

“Maxxing is the linguistic manifestation of a culture increasingly preoccupied with getting the most out of everything,” said Steve Johnson, director of lexicography for Dictionary Media Group at IXL Learning.

Johnson noted that the term can signal enthusiasm for self-improvement, exaggerate it for humour or reject the idea of constant optimisation altogether. Examples include “proteinmaxxing” at breakfast, “tokenmaxxing” with AI tools at work and “cozymaxxing” on a Friday night.

The Many Forms Of “Maxxing”

The term has generated numerous variations. “Softmaxxing” refers to relatively modest appearance improvements, such as a new haircut, while “hardmaxxing” describes more extreme approaches, including severe dieting or cosmetic procedures. “Jestermaxxing” involves using humour to gain social acceptance or online attention, while “sleepmaxxing” focuses on improving sleep quality or duration.

These variations show how the language of optimisation has spread across personal identity, health, social status and leisure.

The Pressure To Do More

The popularity of “maxxing” also reflects a wider tension between self-improvement and the expectation to make every activity more productive. In the workplace, “tokenmaxxing” describes employees being encouraged to use AI tools as much as possible, turning technological adoption into another measure of performance.

The term captures a culture in which ordinary activities can become opportunities for measurable gains, even as some people use the language to question that pressure.

Other Words On The Shortlist

Other candidates for Dictionary.com’s 2026 Word of the Year included “affordability”, “data center”, “odyssey” and “unc”.

Interest in “odyssey” may have been boosted by Christopher Nolan’s film The Odyssey, while “unc”, short for “uncle”, is used by Gen Z and Gen Alpha to describe someone older who is perceived as out of touch or uncool.

“Maxxing” ultimately stands out for capturing a defining online impulse: to optimise everyday life, share the process and keep striving for more.

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