Current chinese AI company valuations (USD):

Knowledge Atlas Technology (Z.ai): 57B

MiniMax Group: 26B

Deepseek: 45B (rumored)

> Meanwhile Chinese AI companies outputting open weight models nearly as good are valued in the low single digit billions.

That's surprising to me; I thought (or heard) that it was low 3-digit millions.

Wasn't there a Chinese ai startup that got bought recently but the government wouldn't let the founders leave china? I think stuff like that would have an effect on valuation

That's the premium for being a Western company in a Western market, yes.

They are dirty communists.

We prefer red blooded American scam artists here, buddy. Hell, Elon probably found some bullshit way to recognize Chinese AI as Twitter revenue, used to buy cyberattacks to sell to SpaceX.