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Eyebrows will raise at Anthropic / OpenAI, perhaps. Why are they charging 1000x more for the exact same business?

The 'distillation is theft!' shtick won't last long. In fact, unlike Anthropic/OpenAI, these Chinese labs actually had to pay for that 'stolen' training data.

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> Why are they charging 1000x more for the exact same business?

The implication they want to avoid, I'm suggesting, is because the CCP isn't plugged into and funding those entities' activities at a loss. Or they're lying about ZDR, etc. etc.

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GLM 5.2 and Kimi 3 both had huge API pricing jumps (GLM most expensive chinese model, by a lot, then then Kimi 3 a lot higher than that). the cost advantage is rapidly decaying. the oft-cited cost per task makes Kimi look good vs Anthropic but even, or slightly vs OpenAI
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Once the OpenAI/Anthropic-driven hype dies down people with decision-making power will be taking a look at the numbers and look at real productivity metrics. And they'll see it makes little sense to pay so much when competition is around and similarly good.
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This is already happening.

Firms aren’t going to wait - their valuations are driven by it. So too is the compensation of those running them.

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Why?
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For fear that the data they're entrusted with will be copied or that there is some nefarious reason like state sponsorship that makes the activity economical?
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