Reported 4 days ago
Following DeepSeek's cost-effective AI model success, China is rapidly launching budget-friendly AI services, challenging Western giants like OpenAI and Nvidia. Major Chinese companies, including Baidu, Alibaba, and Tencent, are releasing new AI products to establish global standards, which may pressure U.S. business models and profits in the AI sector. Amidst fierce competition, the cost-efficient strategies of Chinese firms highlight a potential shift in the AI landscape, leading to concerns of profit compression for established players.
Source: YAHOO