GLM-5 vs o3 Deep Research
GLM-5 (2026) and o3 Deep Research (2025) are frontier-tier reasoning models from Zhipu AI and OpenAI. GLM-5 ships a 200k-token context window, while o3 Deep Research ships a 200k-token context window. On pricing, GLM-5 costs $0.60/1M input tokens versus $10/1M for the alternative. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.
GLM-5 is ~1567% cheaper at $0.60/1M; pay for o3 Deep Research only for vision-heavy evaluation.
Decision scorecard
Local evidence first| Signal | GLM-5 | o3 Deep Research |
|---|---|---|
| Best for | reasoning-heavy apps, tool-calling agents, and provider-routed production | reasoning-heavy apps, multimodal apps, and tool-calling agents |
| Decision fit | Coding, RAG, and Agents | RAG, Agents, and Long context |
| Context window | 200k | 200k |
| Cheapest output | $2.08/1M tokens | $40/1M tokens |
| Provider routes | 7 tracked | 1 tracked |
| Shared benchmarks | 0 shared | 0 shared |
Decision tradeoffs
- GLM-5 has the lower cheapest tracked output price at $2.08/1M tokens.
- GLM-5 has broader tracked provider coverage for fallback and route flexibility.
- Local decision data tags GLM-5 for Coding, RAG, and Agents.
- o3 Deep Research uniquely exposes Vision and Multimodal in local model data.
- Local decision data tags o3 Deep Research for RAG, Agents, and Long context.
Monthly cost at traffic
Estimate token spend from the cheapest tracked input and output route or tier on this page.
GLM-5
$1,000
Cheapest tracked route/tier: OpenRouter
o3 Deep Research
$18,000
Cheapest tracked route/tier: Vercel AI Gateway
Estimated monthly gap: $17,000. Batch, cache, alternate speed tiers, and negotiated pricing are excluded from this local estimate.
Switch friction
- Provider overlap exists on Vercel AI Gateway; start route-level A/B tests there.
- o3 Deep Research is $37.92/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
- o3 Deep Research adds Vision and Multimodal in local capability data.
- Provider overlap exists on Vercel AI Gateway; start route-level A/B tests there.
- GLM-5 is $37.92/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.
- Check replacement coverage for Vision and Multimodal before moving production traffic.
Specs
| Specification | ||
|---|---|---|
| Released | 2026-02-11 | 2025-10-10 |
| Context window | 200k | 200k |
| Parameters | 744B total, 40B active | — |
| Architecture | Mixture of Experts | Decoder Only |
| License | MITOSI-approved | Proprietary |
| Openness | Open source | Proprietary |
| Weights | Available | Not released |
| Code | Unknown | Unknown |
| Commercial use | Commercial use: permitted | Commercial use: conditional |
| Knowledge cutoff | 2025-11 | 2024-06 |
Pricing and availability
| Pricing attribute | GLM-5 | o3 Deep Research |
|---|---|---|
| Input price | $0.60/1M tokens | $10/1M tokens |
| Output price | $2.08/1M tokens | $40/1M tokens |
| Providers |
Capabilities
| Capability | GLM-5 | o3 Deep Research |
|---|---|---|
| Vision | No | Yes |
| Multimodal | No | Yes |
| Reasoning | Yes | Yes |
| JSON / Tool use | Yes | Yes |
| Structured outputs | Yes | Yes |
| Code execution | No | No |
| IDE integration | No | No |
| Computer use | No | No |
| Parallel agents | No | No |
Benchmarks
No shared benchmark scores are currently available for this pair.
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Last reviewed: 2026-06-30. Data sourced from public model cards and provider documentation.