
Venture capitalist and 01.AI founder Kai-Fu Lee predicts China’s AI sector will consolidate around three major AI model developers: DeepSeek, Alibaba and ByteDance, with DeepSeek currently leading in momentum. In the US, he expects Elon Musk’s xAI, OpenAI, Google and Anthropic to dominate the market. Lee noted investors in both countries are increasingly shifting focus from costly[…[…
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