Zhipu AI unveiled its third generation foundation model ChatGLM3 at the 2023 China Computer Conference. ChatGLM3 features new capabilities including multimodal understanding, code generation and execution, and enhanced web search. After deep optimization, ChatGLM3 has excelled in tests on Chinese and English public datasets. Zhipu Qingyan becomes the first large model product in China with code interaction capability. Zhipu AI looks forward to domestic native large models and domestic chips standing out on the international stage.