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Facing US chip bans and closed-source monopolies, how do China's open-source AI models keep striking back? A deep dive into three core paths: open-source pricing-power games, optical interconnect positioning, and edge-side use cases.

GLM-5.2 enters internal testing; Moore Threads open-sources MUSA Coder, China's first code LLM trained on domestic GPUs; Google backs Anthropic with $35B in guarantees.