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China is releasing powerful open-source AI models like DeepSeek, Qwen, Moonshot AI’s KIMI, and Z.ai’s GLM-5.2 that match or exceed the performance of US models such as those from OpenAI, Anthropic, and Google, but at a fraction of the cost. This development is expected to reduce demand for expensive proprietary AI services, force US companies to cut prices, and trigger a sharp correction in the hi
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