Why Open Source AI From China Is Eating Silicon Valley’s Lunch

Why an estimated 80% of US Startups are now running on cost-effective Chinese open-weight models like DeepSeek, Qwen, and Wan

Why an estimated 80% of US Startups are now running on cost-effective Chinese open-weight models like DeepSeek, Qwen, and Wan

Until recently, the major advancements in AI were almost exclusively in the US. Every major LLM (think OpenAI, Gemini, Anthropic, LLaMa) was based there, most access to capital for AI is in the West Coast of the US. It was…
his week’s edition of The Economist, however, draws attention to the recent stellar performance of Israeli-Chinese venture firm Infinity in addressing the Chinese opportunity via its Infinity I-China fund.
Pitango, one of Israel's largest venture capital funds with $1.3 Billion in assets under management, plans to team up with a Shenzhen Capital Group to launch a $100 to $200 million fund with a focus on Chinese start ups.
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