Z.ai has released GLM-5.3-Flash, the first natively multimodal model in the GLM-5 series — a 320B-total / 18B-active MoE with a 1,048,576-token context window, MIT-licensed weights on Hugging Face, and API pricing at $0…
Token 价格决定了每个 AI 产品的利润下限。厂商一调价,就会波及竞争对手、路由选择和每个下游功能的成本。
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