It is less than 20% of the cost of Opus at API rates. 1.40/4.40 vs 5/25.
Maybe makes sense if you have z.AI's (not greatly priced) subscription plan, but it's not competitive against an OpenAI or Anthropic monthly coding subscription plan. I burned through almost $10 worth of tokens just doing an hour of work.
You get access to a whole bunch of bleeding edge open models including GLM-5.2, Kimi K2.7, DeepSeek 4 Pro, etc. Inference is run on US/SG/EU cloud providers with zero data retention policies. The $20/mo tier is very generous, in my experience.
> Where are models hosted?
> Ollama hosts models and compute resources primarily in the United States. To serve global demand, we may route to Europe and Singapore for additional capacity.
> Is my prompt or response data trained on?
> Prompt or response data is never logged or trained on.
> Who does Ollama partner with to host models?
> Ollama collaborates with NVIDIA Cloud Providers (NCPs) to host open models.
> When Ollama partners with providers, we require no logging, no training, and zero data retention policies in place.
Which I think only underscores my point that actually the GLM models are not very cost effective.
They essentially cost the same as the SOTA models from OpenAI and Anthropic, while not being quite as smart. I could have gotten about the same amount of work done on the $20 Codex plan. And I had to use my $100 Codex plan to finish the work GLM started before it ran out of quota. And also to fix it since GLM left a bit of a mess.
I like that GLM exists. Other Chinese models are far more cost effective. GLM is expensive, even on a fixed plan.
But if you are building a product or in an enterprise environment where you essentially have to pay API rates then GLM is the best value hands down.