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IT Home · Published on November 8, 2026 at 13:21

Menlo Ventures report: Chinese AI models account for 89% of global open-source model company spending, with Kimi, DeepSeek, and GLM ranking in the top three.

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A new Menlo Ventures report reveals that Chinese AI models captured 89% of global open-source enterprise spending. Kimi led with 61%, followed by DeepSeek and GLM, while top Western models like Llama accounted for only 7%.

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