Global AI Powerhouses Clash: China’s AI Revolution Challenges U.S. Tech Dominance
DeepSeek and Alibaba’s Tongyi Qianwen now rival top U.S. models in capability, and DeepSeek costs about $0.55 per million tokens versus roughly $15 for OpenAI. OpenAI’s ChatGPT has more than 910 million downloads, while DeepSeek has about 125 million. HSBC and Standard Chartered began