Z.ai shares rise by about 8% after the company releases details about a new AI model that it says runs entirely on Chinese-made chips. CNBC reports that Z.ai has already launched the model globally in “stealth mode” for roughly a week.
Quartz adds that Z.ai claims it routes and manages all online traffic for the model using 100,000 domestically made chips. Quartz notes that this specific claim was not independently verified by CNBC, indicating that some performance and deployment details remain unconfirmed by outside parties.
The differing coverage focuses on timing and reach versus the technical and operational details of the chip setup. Both outlets agree on the share-price move and that Z.ai positions the new model as operating using Chinese chips only, though independent verification of the company’s claims is limited in the reporting.