Chinese open-source labs explode on OpenRouter: Moonshot +2425%, Z.ai +1925%, DeepSeek +1000%
FinanceYF5 · x · 2026-09-21
- OpenAI and Anthropic still earn over 10x the combined revenue of Chinese AI model companies.
- But growth signals are shifting: in 2026, three open-source labs saw their monthly OpenRouter spending grow more than 10x.
- Moonshot AI: +2,425%; Z.ai: +1,925%; DeepSeek: +1,000%.
- Scale wins today; growth rate may change the future.
Related event: Chinese Open-Source Models Surge on OpenRouter, Moonshot Up 2425%(2 posts)→
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