AI for less: price war in China deepens amid ‘intense’ competition (opens original article in a new tab)
China's AI sector is experiencing a price war as major companies like ByteDance and Tencent cut prices to stay competitive, with users benefiting from lower costs.
- China's AI sector faces intense competition with companies lowering prices or offering promotions.
- ByteDance and Tencent have reduced AI model costs, joining rivals like DeepSeek and Xiaomi in price cuts.
- Users in China have benefited from lower AI service costs, with some expressing satisfaction.
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