12 AI Chip Startups Competing for Market Share in Large Models


On April 8, Hong Kong tech stocks surged collectively, driven by global AI breakthroughs and accelerated applications. The AI and large model sectors opened strong, with Zhipu AI and MiniMax leading gains, up nearly 15% and over 8% respectively.....
ByteDance has launched a global campus recruitment program targeting students graduating in 2027 and interns, aiming to identify and cultivate top talents in the field of large models, with plans to recruit hundreds of "AI seeds" globally to cope with rapid technological changes and strengthen investment in foundational talent.
Domestic large models maintain global leadership in usage, with OpenRouter data showing that six out of the top nine are domestic models, with a total usage of 9.82T, an increase of 33.4%. Overseas models occupy only two spots, with a 15.4% decrease in usage. The growth is mainly driven by the popularity of the OpenClaw platform.
The domestic large model Doubao has entered the global top tier in the latest SuperCLUE evaluation, narrowing the gap with overseas closed-source models and showcasing the accelerated transformation of China's AI from following to running side by side and even leading.
China's large model industry shifts focus from technology to capital. Moonshot AI, now eyeing a Hong Kong IPO and a $10 billion funding round at a $17-18 billion pre-money valuation, is driven by the commercialization of its K2.5 model, marking a new capital-driven phase.....