According to The Wall Street Journal, a number of large companies, including the British banks HSBC and Standard Chartered, have begun integrating Chinese AI services into their business processes. Models of companies like DeepSeek, which are ten times cheaper with comparable quality to their Western counterparts, have gained popularity. According to Oleg Zankov, co-founder of the Latenode platform, Chinese solutions allow businesses to significantly save resources without losing efficiency.
Open source technologies, actively distributed by Chinese giants like Alibaba, play a special role in this process. Such models can be freely used and adapted to the tasks of specific organizations, which accelerates their implementation. This makes Chinese developments particularly attractive to companies seeking to reduce their dependence on American software.
In April, Alibaba Cloud (Aliyun) introduced a new open-source AI model, Qwen3, calling it the most powerful in its category. According to experts, Qwen3's openness and high performance make it competitive in the global market. The growing interest in such developments may change the balance of power in the global AI market in the future.
