What Is GLM-5.3-Flash? Z.ai's 320B MoE at $0.15/MTok
The Short Answer
GLM-5.3-Flash is Z.ai’s cheap multimodal model, released August 26, 2026. It is a natively multimodal mixture-of-experts model with 320 billion total parameters and 18 billion active per token, carries a 1 million-token context window, accepts image and video input, and costs $0.15 per million input tokens and $0.50 per million output tokens. The weights ship under the MIT license.
The one-line framing: Z.ai just put a multimodal, million-token, self-hostable model into the same price bracket as the cheapest text-only APIs on the market.
Key Facts
| GLM-5.3-Flash | |
|---|---|
| Released | August 26, 2026 |
| Vendor | Z.ai (Zhipu AI) |
| Architecture | Natively multimodal MoE, 320B total / 18B active |
| Context | 1,000,000 tokens |
| Input types | Text, image, video |
| API price | $0.15 in / $0.50 out per MTok |
| Cached input | $0.03 per MTok |
| Launch discount | 50% off through Sept 9, 2026 (24:00 UTC+8) |
| Weights | MIT license |
| Coding Plan | Lite $18/mo · Pro $80/mo · Max $168/mo |
Last verified: August 27, 2026.
What “320B-A18B” Actually Means
The model holds 320 billion parameters but routes each token through only 18 billion of them. That ratio — roughly 5.6% of the network active per token — is why the price can sit at $0.15/MTok while the model still behaves like something much larger.
You pay compute proportional to active parameters. You pay memory proportional to total parameters. That split is the entire economic argument for sparse MoE in 2026, and it is why “how big is it” stopped being a useful question about a year ago.
For self-hosting, the memory number is the one that bites: around 192GB of GPU memory at 4-bit precision. The 18B active figure does not help you there.
Pricing in Context
A reference task of 30,000 input tokens and 5,000 output tokens, priced against the cheap tier as of August 27, 2026:
| Model | Input / Output per MTok | Task cost |
|---|---|---|
| GLM-5.3-Flash (discounted) | $0.075 / $0.25 | $0.0035 |
| GLM-5.3-Flash (standard) | $0.15 / $0.50 | $0.007 |
| DeepSeek V4 Flash (off-peak) | $0.22 / $0.66 | $0.0099 |
| GPT-5.6 Luna | $0.20 / $1.20 | $0.012 |
| DeepSeek V4 Flash (peak) | $0.44 / $1.32 | $0.0198 |
| Gemini 3.7 Flash | $0.75 / $3.75 | $0.041 |
| GLM-5.3 | $1.40 / $4.40 | $0.064 |
At standard rates GLM-5.3-Flash is the cheapest model in that set, and it is the only one there that takes video input.
Two caveats before you build a budget on it. First, the 50% discount expires September 9, 2026 — plan at $0.15/$0.50, not at the promo rate. Second, Z.ai’s own framing is that Flash beats GLM-5.2 “at approximately one-tenth the price,” which is a comparison against its predecessor, not against the current frontier.
How It Compares to GLM-5.3
These are easy to confuse and they are not the same product.
| GLM-5.3 | GLM-5.3-Flash | |
|---|---|---|
| Released | Aug 14, 2026 | Aug 26, 2026 |
| Params | ~743B base (post-trained) | 320B total / 18B active |
| Price | $1.40 / $4.40 | $0.15 / $0.50 |
| Multimodal | Text-focused coding | Native image + video |
| Weights at launch | Staged, not published | MIT, published |
| Best for | Hard long-horizon coding | High-volume, multimodal, cheap |
Note the reversal on weights. GLM-5.3 shipped without open weights on day one, which was a break from Z.ai’s open-weight-first reputation. GLM-5.3-Flash shipped with MIT weights. If open weights are your requirement, Flash is the release that actually delivers.
Where It Lands on Benchmarks
Z.ai reports that GLM-5.3-Flash approaches Claude Opus 4.8 on internal coding benchmarks — treat vendor-internal comparisons with the usual scepticism. The independent number worth quoting is from Artificial Analysis: an Intelligence Index v4.1.1 score of 57 at roughly $0.045 per task on the discounted tier.
That is not frontier intelligence. Claude Opus 5 and GPT-5.6 Sol sit well above it. What it is, is a cost-per-point result that is hard to beat — which is exactly the tier this model targets.
Self-Host or API?
The MIT license makes self-hosting legally trivial. The economics are the constraint.
At roughly 192GB of GPU memory for 4-bit, you are looking at server-class hardware. On an MI300X at around $2.90/hour, that is roughly $2,088/month of continuous rental. Against $0.15/$0.50 API pricing, the crossover sits near 14 million tokens per hour of sustained load.
Below that, use the API. Above it — or if data residency, air-gapping, or regulatory constraints make the API a non-starter — self-host. Most teams asking this question are two orders of magnitude below the crossover and should just use the API.
Who Should Use It
Good fit: high-volume classification, extraction and summarisation; document and video pipelines where the multimodal input removes a separate vision model; long-context retrieval over the 1M window; teams that need MIT-licensed weights for compliance.
Poor fit: hard multi-file agentic coding and long-horizon planning, where GLM-5.3, Claude Opus 5 or GPT-5.6 Sol remain meaningfully stronger. Flash is a workhorse, not a frontier model.
The router pattern applies here. Send routine volume to GLM-5.3-Flash at $0.007 a task, escalate the genuinely hard 5-10% to a frontier model, and the blended cost lands far below running everything on the expensive tier.