GLM‑4.5 is Z.ai’s latest flagship model in the GLM family, engineered with 355 billion total parameters (32 billion active) and a companion GLM‑4.5‑Air variant (106 billion total, 12 billion active) to unify advanced reasoning, coding, and agentic capabilities in one architecture. It operates in a “thinking” mode for complex, multi‑step reasoning and tool use, and a “non‑thinking” mode for instant responses, supporting up to 128 K token context length and native function calling. Available via the Z.ai chat platform and API, with open weights on HuggingFace and ModelScope, GLM‑4.5 ingests diverse inputs to solve general problem‑solving, common‑sense reasoning, coding from scratch or within existing projects, and end‑to‑end agent workflows such as web browsing and slide generation. Built on a Mixture‑of‑Experts design with loss‑free balance routing, grouped‑query attention, and an MTP layer for speculative decoding, it delivers enterprise‑grade performance.