Episode Details

Four Hundred Percent Growth and a Twenty Nine Percent Miss: Inside the China AI Price War, September 2, 2026 Chinese model lab Zhipu, the company behind the GLM family, grew first half revenue roughly 400 percent to about 142 million dollars and still landed 29 percent below analyst estimates. Chris and Laura unpack the numbers behind that gap: a developer platform up more than 27 fold but carrying only 24.6 percent gross margin, a legacy enterprise line down more than half, a research bill twice the size of total revenue, and an inference fleet running on over 100,000 domestic chips. The uncomfortable conclusion applies to every lab, not only the Chinese ones, because inference is commoditizing faster than anyone planned. Hosted by Chris and Laura. The DX Today Podcast brings you daily deep dives into the most consequential stories in the AI ecosystem. #AI #ChinaAI #OpenSourceModels #AIEconomics #Inference