This Cheap Foreign AI Is Stealing US Business from OpenAI and Anthropic

BeInCrypto2026/06/05 04:36

By:BeInCrypto

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The most popular AI tool among US businesses this month did not come from San Francisco. It came from Hangzhou. DeepSeek, the Chinese AI startup, is making a real impact and gaining commercial momentum. According to Ramp, a New York-based corporate spending platform tracking payments from more than 50,000 US businesses, DeepSeek topped its June trending vendor index, looking back to May, which measures when companies pay a software vendor for the first time. The Cost Problem Driving the Switch It appears Deepseeks revenue model is shining compared with US rivals. Anthropics incentives are structurally misaligned with cost-conscious businesses. The company makes more money when businesses purchase more tokens, pushing users toward expensive models even when cheaper options would suffice. Ubers CTO announced the company had already blown through its entire 2026 AI budget. DeepSeek recently cut its V4 Pro model price by 75%, after which benchmark firm Artificial Analysis ranked it among the worlds best on an intelligence-per-dollar basis. On legal AI benchmarks, it ranked just below GPT-5.5 and was deemed clearly viable for professional workloads. Top Software Vendors. Image Source: Ramp US Data at Risk from DeepSeek Crucially, rather than self-hosting DeepSeeks open-source models, US firms are paying the company directly and sending real business data through its servers in China. In probably the biggest sign that companies are looking for cheaper alternatives to OpenAI and Anthropic, some are willing to use cheaper, Chinese models, sending US data back and forth from China-hosted servers, said Ara Kharazian, lead economist at Ramp Economics Lab. The IPO Problem Makes It Worse Anthropic filed for an IPO valued at approximately $965 billion on June 1. OpenAI closed a $122 billion funding round in March at an $852 billion valuation. At those numbers, neither company can realistically compete on price with a startup that just slashed its rates by 75%. For now, DeepSeeks overall market share remains a fraction of its American rivals. But when enterprise AI budgets run dry, and a cheaper alternative clears professional benchmarks, the flag on the server stops mattering as much as the bill at the end of the month. Read the article at BeInCrypto

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The wave of AI infrastructure debt is reshaping the global credit landscape at an unprecedented pace, with the technology industry's debt reaching $500 billion in the first nine months of this year. However, frequent alarms have been raised in the CDS market, US Treasury yields have climbed to 5.3%, the highest in over twenty years, and Dalio pointed out that this is a "classic bubble that will be burst by interest rates."

华尔街见闻•2026/10/08 08:49

Is a major reversal in stock-bond allocation approaching? Bank of America issues rare signal: Bonds compete with stocks for capital for the first time in decades, S&P 500's return over the next ten years may be less than 5%

Savita Subramanian, Head of US Equity and Quantitative Strategy at Bank of America, said in an interview on Wednesday that the bond market is becoming attractive again and has, for the first time in decades, become a real competitor to the stock market.

智通财经•2026/10/08 08:26

Is a major reversal in stock-bond allocation approaching? Bank of America issues rare signal: Bonds compete with stocks for capital for the first time in decades, S&P 500's return over the next ten years may be less than 5%

Stop Using the Consumer Cycle to Analyze Micron (MU.US)! AI is Redefining NAND Logic, Enterprise SSDs Have Taken Over Pricing Power

Eudaemon Research previously assessed that within Micron's business structure, DRAM is more resilient than NAND, and that NAND prices and demand would return to normal faster. However, Micron's latest Q4 financial data has led them to revise this view: NAND is no longer a homogeneous market, and the supply-demand and pricing dynamics of consumer-grade NAND and enterprise-level data center SSDs are clearly diverging.

智通财经•2026/10/08 07:52

Micron's target price is significantly raised by investment banks, with a maximum of 3,000 USD

DA Davidson has raised Micron's target price to $3,000, implying a 176% upside from the current share price. The core logic is that the AI-driven memory supercycle will continue until 2028, with the supply-demand gap widening further. The key variable lies in the shift of demand—buyers are transitioning from smaller, high-default-risk clients to tech giants such as Amazon, Microsoft, and Google. Micron has already secured $150 billion in remaining contractual obligations.

华尔街见闻•2026/10/08 07:38