#china ai competition
2 stories

AI's wobbly house of cards is about to collapse
The US economy is dangerously dependent on AI spending, and a slowdown could trigger a financial crisis.
Futurism · 1m

Arcee AI hits $1B valuation after $20M training bet
A startup trained four open-weight AI models for a fraction of what experts said was necessary, then raised $150M+ at a billion-dollar valuation.
Fortune · 2m