Chinese AI firm Zhipu AI launched its latest flagship model, GLM-5.1, while simultaneously increasing its API prices by 10%. This move suggests a strategy to monetize advanced AI capabilities amidst heightened competition with US rivals.

Chinese artificial intelligence company Zhipu AI open-sourced its latest flagship model, GLM-5.1, on Wednesday while raising application programming interface prices by 10 per cent, signalling a shift towards monetising advanced AI capabilities as competition with US rivals intensifies. The move marked Zhipu’s second price increase this year, following a broader overhaul in February that lifted rates for its coding subscription plans by more than 30 per cent. While the latest adjustment was more...