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China’s large AI models aren’t just competing on low prices—five teams’ annualized revenue could reach $2.6 billion

MarsBitNews
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According to Beating monitoring, low-cost and open-weight models first helped Chinese models win users; now, these users and enterprises that have started to deploy them are beginning to turn into revenue. After summarizing financial reports, media coverage, and market information, Menlo Ventures partner Deedy Das estimates that the annualized revenue combined across Zhipu, DeepSeek, Moonshot, Krea, and MiniMax is about $2.6 billion. Among them, Zhipu is about $1 billion. DeepSeek and Krea are each about $500 million, MiniMax is about $400 million, and Moonshot is about $200 million. Of the five teams, four have already entered the global AI companies’ top 25 by revenue. The competitiveness of Chinese models is expanding from low pricing and open weights to APIs, subscriptions, enterprise deployments, and cloud services.
ZHIPU AI-8.61%
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