Chinese open-source AI models took 89 per cent of global enterprise spending on open-weight systems, led by Moonshot AI'...

Chinese open-source AI models took 89 per cent of global enterprise spending on open-weight systems, led by Moonshot AI's Kimi at 61 per cent, in a Menlo Ventures report. DeepSeek held 15 per cent, GLM 11 per cent and Qwen 3 per cent, while Meta's Llama led Western open models at 7 per cent. Prices fell to 0.13 USD per million tokens. https://www.scmp.com/tech/tech-trends/article/3373550/chinas-ai-models-led-kimi-dominate-open-source-enterprise-spending #China #Tech #AI