2026年3月5日，港股AI应用板块强势反弹。MiniMax领涨近13%，智谱、海致科技及文远知行、小马智行等个股涨幅均近7%。市场分析认为，反弹主要受MiniMax超预期财报及美联储降息预期提振。
春节假期国产AI大模型密集发布，智谱科技GLM-5模型备受关注。该模型参数量达7440亿，较前代翻倍，技术实现突破，并全面支持七大国产芯片平台，展现中国AI实力。
三七互娱从游戏跨界AI投资，布局智谱AI、月之暗面等前沿科技公司，旨在以AI技术提升游戏行业生产力。随着智谱AI上市成为“全球大模型第一股”，市值突破578亿港元，彰显其科技转型的初步成效。
智谱科技GLM-4.7模型在WebDev榜单超越GPT-5.2，成为开源大模型第一，被赞为“Claude Code最佳平替”。其卓越的编程能力和灵活性引发网友实测热潮。智谱团队在AMA活动中分享了模型的技术进步细节。
Openai
$2.8
输入tokens/百万
$11.2
输出tokens/百万
1k
上下文长度
Xai
$1.4
$3.5
2k
Anthropic
$105
$525
200
Google
$0.7
$7
$35
$2.1
$17.5
$21
Alibaba
-
Baidu
128
$6
$24
256
Bytedance
$1.2
$3.6
4
$2
$3.9
$15.2
64
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