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China's Moonshot launches world's largest open-weight AI model

Chinese firms including Moonshot, Z.ai, and MiniMax are challenging US dominance by releasing powerful, cost-effective AI models.

The Business Standard ยท 19 July 2026, 10:50 AM

Chinese startups such as Moonshot, Z.ai, and MiniMax are rolling out increasingly sophisticated AI models at significantly reduced costs. These developments are effectively challenging the long-standing Western assumption that Chinese developers lag behind their American counterparts by several months.