Zhang Peng, CEO of Zhipu Huazhang, responds to the price increase of the new model: relying on low prices to compete in the long term is not conducive to the development of the industry.

date
27/03/2026
On March 27, 2026, at the AI Open Source Frontier Forum of the Zhongguancun Forum Annual Meeting, Zhang Peng, CEO of Smart Spectrum, responded to the previous price increase of the new model GLM-5-Turbo. On March 16, Smart Spectrum introduced a base model specifically optimized for the OpenClaw lobster scene - GLM-5-Turbo, with a 20% increase in API call price. Zhang Peng said that OpenClaw has made people realize that large models can not only converse but also work, which places very high demands on the capabilities of large models. GLM-5-Turbo has been upgraded and strengthened for specific functions, while also improving Token efficiency when facing complex tasks, resulting in a certain increase in model costs. Zhang Peng mentioned that long-term low-price competition is not conducive to the development of the entire industry, and Smart Spectrum hopes to form a virtuous cycle through a continuous commercialization path, continuously optimizing model capabilities.