Z.AI
Z.ai (formerly Zhipu) released GLM-4.5 on July 28, 2025 as its first open-source Mixture-of-Experts model, with the flagship at 355 billion total parameters and a streamlined GLM-4.5-Air at 106 billion. The series natively integrates reasoning, coding, and agentic capabilities in a single model, and on the average score across 12 representative benchmarks it ranked third globally and first among domestic and open-source models. API pricing is set as low as USD 0.11 per million input tokens and USD 0.28 per million output tokens, with a high-speed version exceeding 100 tokens per second. Z.ai describes GLM-4.5 as its first foundation model with native Agent capabilities built into the core architecture, enabling autonomous multi-step planning, complex data visualization, and end-to-end workflow management for agent applications.