China's AI Models: 10% Revenue, 100% Hype

🔥 What happened Seven major Chinese AI developers – including DeepSeek, Alibaba and ByteDance – pulled in just US$10.7 billion in ARR from March to August combined. OpenAI and Anthropic reported over US$100 billion in the same window. 💡 Why it matters ByteDance leads the pack at US$4 billion, Alibaba trails at US$2.4 billion. That's a 10x gap – yet these companies are valued as if they're neck-and-neck with their US rivals. Rhodium Group's numbers expose a massive valuation disconnect. ⚡ Our take Chinese AI is cheap, fast and impressive – but nobody's paying for it. Anyone buying into these valuations right now is buying hope, not revenue.