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Seven Chinese AI firms reach $10.7 billion ARR, Rhodium estimates

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  • Rhodium Group estimated seven Chinese AI model makers’ combined ARR from March through August.
  • $10.7 billion represented about 10% of OpenAI and Anthropic’s combined revenue.
  • ByteDance led with $4 billion in July, while Alibaba reached $2.4 billion in August.
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