Stock Track | Knowledge Atlas Soars 5.11% Intraday as Hugging Face Endorsement Boosts AI Model Prospects

Stock Track

07/23

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.

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