BEIJING, Dec. 27, 2025 /PRNewswire/ — On December 22, Z.ai released GLM-4.7, the latest iteration of its GLM large language model family. Designed to handle multiBEIJING, Dec. 27, 2025 /PRNewswire/ — On December 22, Z.ai released GLM-4.7, the latest iteration of its GLM large language model family. Designed to handle multi

Z.ai Releases GLM-4.7 Designed for Real-World Development Environments, Cementing Itself as “China’s OpenAI”

BEIJING, Dec. 27, 2025 /PRNewswire/ — On December 22, Z.ai released GLM-4.7, the latest iteration of its GLM large language model family. Designed to handle multi-step tasks in production, GLM-4.7 targets development environments that involve lengthy task cycles, frequent tool use, and higher demands for stability and consistency.

Built on GLM-4.6 with a Focus on Complex Development

GLM-4.7 is step forward over GLM-4.6 with improved functions for developers. It features robust support for coding workflows, complex reasoning, and agentic-style execution, giving the model greater consistency even in long, multi-step tasks, as well as more stable behavior when interacting with external tools. For developers, this means GLM-4.7 is a reliable tool for everyday production.

The improvements extend beyond technical performance. GLM-4.7 also produces natural and engaging output for conversational, writing, and role-playing scenarios, evolving GLM towards a coherent open-source system. 

Designed for Real Development Workflows

Expectations for model quality have become a central focus for developers. In addition to following prompts or plans, a model needs to call the right tools and remain consistent across long, multi-step tasks. As task cycles lengthen, even minor errors can have far-reaching impacts, driving up debugging costs and stretching delivery timelines. GLM-4.7 was trained and evaluated with these real-world constraints in mind.

In multi-language programming and terminal-based agent environments, the model shows greater stability across extended workflows. It already supports “think-then-act” execution patterns within widely used coding frameworks such as Claude Code, Cline, Roo Code, TRAE and Kilo Code, aligning more closely with how developers approach complex tasks in practice.

Z.ai evaluated GLM-4.7 on 100 real programming tasks in a Claude Code-based development environment, covering frontend, backend and instruction-following scenarios. Compared with GLM-4.6, the new model delivers clear gains in task completion rates and behavioral consistency. This reduces the need for repeated prompt adjustments and allows developers to focus more directly on delivery. Due to its excellent results, GLM-4.7 has been selected as the default model for the GLM Coding Plan.

Reliable Performance Across Tool Use and Coding Benchmarks

Across a range of code generation and tool use benchmarks, GLM-4.7 delivers competitive overall performance. On BrowseComp, a benchmark focused on web-based tasks, the model scores 67.5. On τ²-Bench, which evaluates interactive tool use, GLM-4.7 achieves a score of 87.4, the highest reported result among publicly available open-source models to date.

In major programming benchmarks including SWE-bench Verified, LiveCodeBench v6, and Terminal Bench 2.0, GLM-4.7 performs at or above the level of Claude Sonnet 4.5, while showing clear improvements over GLM-4.6 across multiple dimensions.

On Code Arena, a large-scale blind evaluation platform with more than one million participants, GLM-4.7 ranks first among open-source models and holds the top position among models developed in China.

More Predictable and Controllable Reasoning

GLM-4.7 introduces more fine-grained control over how the model reasons through long-running and complex tasks. As artificial intelligence systems integrate into production workflows, such capabilities have become an increasing focus for developers. GLM-4.7 is able to maintain consistency in its reasoning across multiple interactions, while also adjusting the depth of reasoning according to task complexity. This makes its behavior within agentic systems more predictable over time. Additionally, Z.ai is actively exploring new ways to deploy AI at scale as it develops and refine the GLM series.

Improvements in Front-end Generation and General Capabilities

Beyond functional correctness, GLM-4.7 shows a noticeably more mature understanding of visual structure and established front-end design conventions. In tasks such as generating web pages or presentation materials, the model tends to produce layouts with more consistent spacing, clearer hierarchy, and more coherent styling, reducing the need for manual revisions downstream.

At the same time, improvements in conversational quality and writing style have broadened the model’s range of use cases. These changes make GLM-4.7 more suitable for creative and interactive applications.

Ecosystem Integration and Open Access

GLM-4.7 is available via the BigModel.cn API and is fully integrated into the Z.ai full-stack development environment. Developers and partners across the global ecosystem have already incorporated the GLM Coding Plan into their tools, including platforms such as TRAE, Cerebras, YouWare, Vercel, OpenRouter and CodeBuddy. Adoption across developer tools, infrastructure providers and application platforms suggests that GLM-4.7 is being used into wider engineering and product use.

Z.ai to Become the “World’s First Large-Model Public Company”

Z.ai has announced that it aims to become the world’s first publicly listed large-model company by listing on the Stock Exchange of Hong Kong. This planned IPO marks the first time capital markets will welcome a listed company whose core business is the independent development of AGI foundation models.

In 2022, 2023, and 2024, Z.ai respectively earned 57.4 million RMB (~8.2 million USD), 124.5 million RMB (~17.7 million USD), and 312.4 million RMB (~44.5 million USD) in revenue. Between 2022 and 2024, the company’s compound annual revenue growth rate (CAGR) reached 130%. Revenue for the first half of 2025 was 190 million RMB (~27 million USD), marking three consecutive years of doubling revenue. During the reporting period, the company’s large-model-related business was its key growth driver.

GLM-4.7 Availability

Default Model for Coding Plan: https://z.ai/subscribe

Try it now: https://chat.z.ai/

Weights: https://huggingface.co/zai-org/GLM-4.7

Technical blog: https://z.ai/blog/glm-4.7

About Z.ai

Founded in 2019, Z.ai originated from the commercialization of technological achievements at Tsinghua University. Its team are pioneers in launching large-model research in China. Leveraging its original GLM (General Language Model) pre-training architecture, Z.ai has built a full-stack model portfolio covering language, code, multimodality, and intelligent agents. Its models are compatible with more than 40 domestically produced chips, making it one of the few Chinese companies whose technical roadmap remains in step with global top-tier standards.

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Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
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