The company said the model approaches Anthropic’s Claude Opus 4.5<\/a> in coding benchmarks while surpassing Google’s Gemini 3 Pro on some tests. CNBC could not verify those claims. <\/p>\n MiniMax<\/a> saw shares in Hong Kong jump 11% following Wednesday’s launch of its updated M2.5<\/a> open-source model with enhanced AI agent tools, on its overseas website. <\/p>\n The company describes M2 as “a model built for Max coding & agentic workflows.” <\/p>\n The rally comes amid intensifying competition in AI as Chinese developers race to match U.S. rivals with a flurry of new model and agent releases. <\/p>\n DeepSeek, which took the world by storm last year, also upgraded its flagship AI model on Wednesday, adding support for a larger context window and more up-to-date knowledge, according to a report<\/a> from the South China Morning Post. <\/p>\n Ant Group also released its open-source AI model, Ming-Flash-Omni 2.0, on Wednesday. The “unified multimodal model” is capable of generating speech, music, sound effects and visuals.<\/p>\n The releases also lifted investor sentiment on suppliers to AI companies. Shanghai-listed shares of UCloud Tech that provides computing support for Zhipu, surged by 20% to hit the daily limit. <\/p>\n SenseTime, which has shifted its focus from developing facial recognition surveillance technology to providing AI software platforms, saw its shares in Hong Kong jump 5%. <\/p>\n The Shanghai STAR AI Industry Index climbed 1.7% before paring gains. <\/p>\n Stock Chart IconStock chart icon Zhipu AI<\/p>\n Chinese Premier Li Qiang on Wednesday called for a comprehensive push<\/a> to implement AI “in diverse scenarios to unlock the potential of the technology.” <\/p>\n The rally in AI startups comes amid a broader slump in Chinese tech giants that also have AI divisions. Shares of Tencent<\/a> and Alibaba<\/a> fell 2.6% and 2.1%, respectively. The Hong Kong Hang Seng Tech index dropped 1.7%. <\/p>\n","protected":false},"excerpt":{"rendered":"Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7,…\n","protected":false},"author":2,"featured_media":474439,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,38109,254,255,9073,64,63,1053,4065,174,212607,171,241883,105,38108],"class_list":{"0":"post-474438","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alibaba-group-holding-ltd","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-asia-economy","13":"tag-au","14":"tag-australia","15":"tag-breaking-news-markets","16":"tag-breaking-news-technology","17":"tag-business-news","18":"tag-knowledge-atlas-technology-jsc-ltd","19":"tag-markets","20":"tag-minimax-group-inc","21":"tag-technology","22":"tag-tencent-holdings-ltd"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/474438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=474438"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/474438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/474439"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=474438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=474438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=474438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
<\/p>\n