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AI IntelligenceFeb 11, 2026Secondary Market
Article

ZHIPU

Zhipu AI's market capitalization surged past HK$150 billion, nearly tripling its IPO valuation. The stock rally was fueled by speculation that OpenRouter's mysterious 'Pony Alpha' model could be Zhipu's upcoming GLM-5 model. This represents significant secondary market activity for the AI company.

Data Cube AI EditorialSource: Pandaily
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Zhipu AI's market capitalization surged past HK$150 billion, nearly tripling its IPO valuation. The stock rally was fueled by speculation that OpenRouter's mysterious 'Pony Alpha' model could be Zhipu's upcoming GLM-5 model. This represents significant secondary market activity for the AI company.