Ecosia dumps Mistral for open-source Chinese models, cutting costs in half
Ecosia, a government-used search engine, switches from Mistral to open-source models, including Chinese ones, citing quality and cost concerns.
Chinese AI
Latest Chinese AI coverage.
OpenAI slashes Luna model price by 80%, outpacing Chinese AI alternatives
OpenAI's Luna model now costs less to deploy than Chinese open-source alternatives, driving a 10x usage surge.
Anthropic's $11.5B quarterly revenue highlights US AI's China challenge
Anthropic's revenue surged to $11.5B in Q2, but Chinese AI models like DeepSeek are gaining ground with lower pricing.
Z.ai's new AI model targets Anthropic and OpenAI in coding
Z.ai upgrades its flagship AI model to compete with Anthropic and OpenAI in coding, joining a wave of Chinese open-weight offerings.
DeepSeek pauses $71B funding round after founder's leaked remarks
DeepSeek halts its second funding round, which would have valued the Chinese AI lab at $71B, following founder Liang Wenfeng's leaked comments.
Moonshot AI targets $30B Hong Kong IPO after Kimi K3 outpaces Western models
Moonshot AI, valued at over $30B, prepares for a Hong Kong IPO after its Kimi K3 model outperformed Western competitors.