China’s AI ecosystem is trying to intensify its push to meet and surpass leading US models.
ByteDance is reportedly developing an AI model rivaling Anthropic’s most advanced Mythos system, and DeepSeek is touting its efforts to build a challenger to Claude Code.
Meanwhile, as Beijing attempts to erect a firewall around its homegrown tech, some of Manus AI’s former investors bought the Chinese startup back from Meta this week after Chinese regulators’ order to unwind the purchase.
Still, China’s policymakers are contending with persistent volatility in high-value tech stocks that’s complicated Beijing’s efforts to ensure a steady upward trend in markets, and a price war among domestic AI firms threatens to snuff out corporate profits.