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Chinese AI drives price competition among US labs

A new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to grab market share as they try and find ways to turn a profit. New Chinese AI models big and small, from Moonshot AI's Kimi K3 to Alibaba's popular Qwen series, are grabbing attention as challengers to Anthropic and OpenAI's lead.

Chinese AI drives price competition among US labs

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