The Chinese actually have an AI model now which is supposedly competitive with ours, and as they were forced to develop it using less resources and money, in some ways it might be said they are winning:
https://venturebeat.com/ai/why-everyone-in-ai-is-freaking-out-about-deepseek/
Evidently, their model is open source and cheaper to run, it is actually more efficient since it was developed under the constraint of less resources, but I am not sure of the details.
Comments
https://youtu.be/WEBiebbeNCA?si=etcalkXWlSoN9UMg
Their publications on how the model was generated are plausible, but possibly contain untruths or omit important details.
Another company in China just released a model which is claimed to be even better:
https://www.reuters.com/technology/artificial-intelligence/alibaba-releases-ai-model-it-claims-surpasses-deepseek-v3-2025-01-29/
https://wccftech.com/deepseek-r1-is-reportedly-running-inference-on-huawei-ascend-910c-ai-chip/