AI Pioneer Sees Handful of Models Surviving US, China Shakeout

Chinese entrepreneur Kai-Fu Lee expects just three AI models to survive a domestic shakeup triggered by the advent of DeepSeek, which up-ended the existing template for artificial intelligence development.

The venture investor and founder of 01.AI is betting on DeepSeek, Alibaba Group Holding Ltd. and ByteDance Ltd. dominating the Chinese market ultimately. And the US might have four leaders including xAI, OpenAI, Google and Anthropic, the prominent computer scientist told Bloomberg Television.

DeepSeek — a capable model supposedly trained at a fraction of the cost of OpenAI’s — has accelerated the pace of development globally since ...