OpenAI and Anthropic in price war as Chinese AI rivals gain ground

US groups release cheaper models after new challenges to their trillion-dollar ambitions

Artificial intelligenceYang's journey reflects brain drain that threatens US tech competitivenessYang Zhilin, who received his doctorate in the U.S., returned to China to cofound Kimi developer Moonshot AI. (Source photos by Reuters)RYOTARO YAMADAAugust 11, 2026 23:52 JSTPALO ALTO, California -- Chinese startup Moonsho