Zhipu unveils GLM-5.4 and GLM-5.5, its new flagship large models entering the trillion-parameter scale. These models introduce dual-track architectural innovations to balance massive parameter growth with efficient training and inference. By shifting focus from pure parameter competition to efficiency and effectiveness, Zhipu aims to enhance complex reasoning and multi-modal capabilities while lowering enterprise application barriers. This development marks a significant step for China's AI industry in advancing toward AGI, with practical performance in logical reasoning and industry-specific agents serving as key indicators of breakthroughs in core AI technologies.