Zhang Peng, CEO of Zhipu: When the model is strong enough, the API itself is the best business model to benchmark the "Chinese version of Anthropic".

date
01/04/2026
Previously, the news that Zhipu API is expected to raise prices by nearly 80% within the year had attracted attention, but according to financial data, the number of calls actually increased instead of decreased. In response to this, Zhipu CEO Zhang Peng provided a detailed response during the conference call after the financial report. "We do acknowledge that there are currently constraints and bottlenecks in computational power supply. However, in the entire market environment, there are many vendors providing API services based on computational power. The fact that our customers are accepting our price increases and continue to choose our services indicates that our model's capabilities are indeed leading... The essence of long-term pricing is determined by value. Resources that can effectively replace manpower, improve conversion efficiency, and intelligence level are scarce and valuable. We are more focused on the value created by each Token and the value delivered to customers. I believe that pricing power is still determined by our technological strength and leading position brought about by long-term trends." Zhang Peng stated. "Anthropic is one of the most watched companies in the global AI industry. Its growth logic is very clear: focusing on delivering the strongest models to enterprises and developers through APIs, allowing intelligence to participate in creating economic value." Zhang Peng stated during the conference call after the financial report, "When the model is strong enough, the API itself is the best business model."