Knowledge Atlas, also known as Zhipu AI, saw its stock soar 5.11% during intraday trading on Thursday. The surge comes amid a broader positive opening for Hong Kong's tech sector.
The movement follows news that New York-based startup Hugging Face turned to Zhipu AI's open-source GLM-5.2 model to analyze data from a cybersecurity breach. Leading U.S. AI models from companies like OpenAI and Anthropic had declined the task due to safety guardrails designed to refuse hacking-related work.
Analysts note the incident highlights a competitive opening for Chinese AI firms, as U.S. safety restrictions can hinder legitimate cybersecurity defense work. Hugging Face's public endorsement is seen as adding significant momentum to Zhipu AI's GLM-5.2 model, which has been gaining traction in Silicon Valley for its capabilities and lower cost compared to Western counterparts.