Event date · · Z.ai

GLM-4.5 Open Source: Zhipu Merges Reasoning, Code, and Agent into a Unified Model

FACT STATEMENT

Zhipu released GLM-4.5 and GLM-4.5-Air in July 2025, providing both API and open weights.

What happened

GLM-4.5 marks Zhipu's shift from general-purpose dialogue models to a unified foundation model for agents, expanding developer reach through open weights, domestic and international APIs, and compatibility with mainstream coding agents.

Technical significance

GLM-4.5 is a 355B total parameter, 32B activated parameter MoE model; the Air version is 106B/12B. Both support thinking and non-thinking modes, 128K context, and native function calling.

Industry impact

Competition among domestic models has moved from single benchmarks to a combination of capabilities, open licensing, inference efficiency, and tool ecosystem, and has begun to directly enter the global coding agent supply chain.

Decision value

Developers can use the same model to cover both fast response and complex reasoning, but should separately verify quality, latency, cost, and tool behavior for each mode.

What to watch

Observe real-world deployment after open weight release, agent tool success rates, overseas developer adoption, and API service stability.

DECISION BRIEF

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