Z.ai shares surge 8% after releasing new AI model running only on Chinese chips — Live Feedhttps://www.live-feeds.com/feed/z-ai-shares-surge-8-after-releasing-new-ai-model-running-only-on-chinese-chipsContinuously updated, source-cited coverage. Z.ai shares rise 8% after launching Ox Alpha AI model on Chinese chipshttps://www.live-feeds.com/feed/z-ai-shares-surge-8-after-releasing-new-ai-model-running-only-on-chinese-chipshttps://www.live-feeds.com/feed/z-ai-shares-surge-8-after-releasing-new-ai-model-running-only-on-chinese-chips#u51167Sat, 29 Aug 2026 01:51:47 +0000Z.ai shares increased 8% following the release of Ox Alpha, an AI model that runs exclusively on Chinese hardware. The company has open-sourced the model under the name GLM-5.3-Flash. This development follows a period of mystery regarding the model's origin, which Z.ai now claims. Industry reports indicate the model's performance rivals that of DeepSeek. The launch highlights a shift toward domestic hardware independence for high-performance AI in China.Why it mattersThe reliance on domestic chips reduces vulnerability to foreign hardware restrictions. Ox Alpha's release as an o