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Or, GLM 5.2 simply had more time in the RL oven.

Deepseek V4 Flash, the 284B model, is roughly equivalent to launch GLM 5, the 744B [sic] model.

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After MoE entered the mix, raw parameter count is less useful a measure.
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You have to look at the size of each expert; Kimi's has about 50G parameters while GLM's has 40G. The number of the experts tells you about the diversity of its skills.
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It's almost like they priced models based on their performance or something...
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