Z.ai releases GLM-5.3-Flash, the first natively multimodal GLM-5 series model, with 320B parameters, saying it outperforms GLM-5.2 at "one-tenth the price" (Z.ai)

Z.ai unveiled GLM-5.3-Flash, a 320-billion-parameter multimodal model that the company claims surpasses its predecessor GLM-5.2 while costing roughly one-tenth as much to run. In the same period, Nvidia reported Q2 revenue of $96.22 billion, a 106% year-over-year increase, with data-center sales rising 117% to $89 billion.