Zhipu Open-Sources GLM-5.3-Flash, US PCE Beats Estimates, Nvidia Gains After Hours
Zhipu announced the launch and open-source release of the GLM-5.3-Flash model. The year-over-year rate of the US July PCE price index reached 3.7%, exceeding expectations, while expectations for Federal Reserve rate hikes intensified; Nvidia disclosed 70% growth guidance for fiscal year 2028, boosting its after-hours stock price.
