GLM-5引爆行情！智谱大涨28%

Core Viewpoint - The article highlights the successful launch of Zhipu's new model GLM-5, which has received positive market feedback, evidenced by a 28.68% increase in stock price on its first trading day [5]. Group 1: Model Features and Updates - Zhipu's GLM-5 model has enhanced programming and agent capabilities, increasing pre-training data from 23 trillion to 28.5 trillion [6]. - The model introduces a new "Slime" framework to support larger model scales and complex reinforcement learning tasks, along with an asynchronous reinforcement learning algorithm for continuous learning from long-term interactions [6]. - GLM-5 has achieved state-of-the-art (SOTA) performance in coding and agent capabilities, closely matching the user experience of Claude Opus 4.5 in real programming scenarios [6]. Group 2: Applications and Integrations - Typical applications of GLM-5 in agent engineering include end-to-end application development, general agent assistants, and direct output of office documents [7]. - The model can be integrated into the popular open-source AI agent system OpenClaw, allowing users to have a smart intern for various tasks such as web searching and programming [7]. - Zhipu has also launched an AutoGLM version of OpenClaw, enabling seamless integration with Feishu robots [7]. Group 3: Industry Trends - The article notes that multiple model updates are occurring in the industry, focusing on inference efficiency, long context, multimodality, and cost reduction [7]. - Other models released around the same time include Step 3.5 Flash, Qwen3-Coder-Next, and MiniMax-M2.5, all emphasizing similar advancements [7]. - DeepSeek's recent updates have increased context length support to 1 million tokens, a significant improvement from the previous 128,000 tokens [8].