OpenAI, Anthropic and Google are spending tens of billions, but Chinese labs are closing in

PeterDiamandis · x · 2026-07-23

OpenAI, Anthropic, and Google are said to be spending tens of billions of dollars on compute and hardware, while Chinese labs remain in the low single-digit billions.

The post argues that recent results may already be narrowing the gap, and asks whether the future of the “best open AI” will end up being defined more in Beijing than in Silicon Valley.

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