Artificial Intelligence: OpenAI and Anthropic in price war as Chinese AI rivals gain ground
US groups release cheaper models after new challenges to their trillion-dollar ambitions
Leading US AI labs such as OpenAI and Anthropic are releasing cheaper models as they fight to retain cost-conscious customers who are switching to cut-price alternatives from Chinese rivals.
The price war comes as rising AI bills push companies to curb usage and seek cheaper models, helping Chinese developers including Moonshot and DeepSeek make inroads with users from Silicon Valley to Europe.