this post was submitted on 18 Jul 2026
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Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks (lite.cnn.com)
submitted 1 month ago by beep@piefed.world to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1269873/nasdaq-s-p-500-drop-1-after-chinas-latest-ai-breakthrough-rattles-tech-stocks

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[–] BlueBockser@programming.dev 15 points 1 month ago* (last edited 1 month ago) (5 children)

AI breakthrough

That makes it sound like there's something actually new here, but it seems like it's just a Chinese company getting closer to what "Open"AI / Anthropic already have.

It's nice that these things are open ~~source~~ weights, but from a technological view this isn't a breakthrough.

Edit: Corrected to "open weights"

[–] esc@piefed.social 2 points 1 month ago* (last edited 1 month ago)

Dunno about getting 'closer' but glm-5.2 is indistiguishable from what I got before from claude and openai while being cheaper.

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