China floods the world with AI models after DeepSeek’s success

China floods the world with AI models after DeepSeek’s success
Chinese companies are disrupting the global AI market. (Image: Depositphotos)
Bloomberg
By Saritha Rai and Yazhou Sun,with assistance from Claire Che, Luz Ding and Amy ThomsonSince DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of OpenAI and Google. Chinese companies have in the past two weeks rolled out no fewer than 10 major product updates or releases – and that’s just the big names.Baidu unfurled...

More Technology

One NZ fined $1.1m for code breaches
News in Brief

One NZ fined $1.1m for code breaches

The telco admitted breaches to the code. 

BD AI 9:48am
Why democracy needs digital borders
Technology Opinion

Why democracy needs digital borders

Simply put, borders are a key bulwark against chaos.

How to Be Wrong: summer reading for the PM
Economy

How to Be Wrong: summer reading for the PM

Advice on leading for innovation, threats to democracy, gangs, and more.

Pattrick Smellie 28 Nov 2025
How Tracksuit turned brand data into a global growth engine
Technology Business of Tech Podcast

How Tracksuit turned brand data into a global growth engine

This week, Peter talks to Matt Herbert from Tracksuit.

Peter Griffin 27 Nov 2025