They are profitable and active on the enterprise local model territory. You can RL a model with them for your own purposes and I heard good things about it.
If China keeps releasing LLMs with such permissive licenses it probably works better since the pretraining rnd is subsidized and de-risked - but that’s a big if.
Would be hard for them to act alone due to free movement in EU. Would be hard for them to outlaw a German business from offering the models from a German datacenter to French customers.