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China's AI Startups Close Model Gap but Face Funding Chasm

Chinese AI developers have narrowed the performance gap with U.S. frontier models to about four months, but venture funding remains a fraction of American levels, forcing startups to seek public listings and private credit.

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Chinese AI developers have narrowed the performance gap with U.S. frontier models to about four months, but venture funding remains a fraction of American levels, forcing startups to seek public listings and private credit.

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