A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf

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Western startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, which competes with leading US technologies at significantly lower prices. This trend, referred to as a 'mini DeepSeek moment,' is generating buzz in Silicon Valley due to its coding capabilities. However, US enterprises, especially in regulated industries, remain cautious due to ongoing data security concerns.