Billions in cash, trillions in tokens: China's AI model showdown

Staff reporter, Taipei; Levi Li, DIGITIMES Asia Tuesday 24 February 2026 0

Credit: AFP

Around the 2026 Lunar New Year, China's large model market entered its most concentrated launch cycle to date. Z.ai, MiniMax, Alibaba, and ByteDance released or upgraded models across reasoning, image generation, and video generation.

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