OpenAI's Chinese Cousins Alibaba, And ByteDance Are Slashing AI Costs And Defying US Chip Sanctions: Beijing's Strength Is To 'Build Fast, Build Reliably And Build Cheap'
Chinese AI companies, including 01.ai, Alibaba, and ByteDance, are significantly reducing AI model costs by optimizing hardware, hiring cheaper talent, and cutting inference costs by over 90%, despite challenges posed by U.S. chip sanctions.