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US-China AI Rivalry Grows With Alibaba's Anthropic Rival
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US-China AI Rivalry Grows With Alibaba's Anthropic Rival
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By Bloomberg News
August 4, 2026 at 12:38 AM EDT
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A flurry of model launches from China’s AI sector is rapidly narrowing the gap with Silicon Valley and creating what’s been described as a death zone for anyone without frontier-pushing technology or market-breaking pricing.
Alibaba Group Holding Ltd. became the latest in a parade of Chinese debuts hitting the top of global benchmarks with its Qwen3.8-Max this week, its most advanced model to date that appeared to match or exceed Anthropic PBC’s flagship Fable 5. Two weeks earlier, Moonshot AI’s Kimi K3 showed performance comparable to the priciest US options built on a much humbler budget, sparking fresh questions over the effectiveness of US chip sanctions intended to slow China’s tech ascent.
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