Intensifying U.S.-China Competition in Artificial Intelligence as Chinese Competitors Raise Billions Pre-IPO
The rivalry between the United States and China in the field of artificial intelligence has entered a new, more aggressive phase, marked by a surge of capital flowing into Chinese AI start‑ups that are on the brink of going public. Two of the most prominent Chinese firms, DeepSeek and Moonshot, have recently secured substantial investment rounds, each raising billions of dollars in preparation fo…
Oct. 6, 2026, 9:25 a.m.