{"id":21918,"date":"2026-06-16T09:25:56","date_gmt":"2026-06-16T09:25:56","guid":{"rendered":"https:\/\/jobuzo.com\/en\/ai-for-less-price-war-in-china-deepens-amid-intense-competition\/"},"modified":"2026-06-16T09:25:56","modified_gmt":"2026-06-16T09:25:56","slug":"ai-for-less-price-war-in-china-deepens-amid-intense-competition","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/ai-for-less-price-war-in-china-deepens-amid-intense-competition\/","title":{"rendered":"AI for less: price war in China deepens amid \u2018intense\u2019 competition"},"content":{"rendered":"
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A price war is unfolding in China’s crowded artificial intelligence<\/span> sector as companies cut rates or dangle promotions at a pivotal moment when falling costs and converging model capabilities are ratcheting up the competitive pressure, according to analysts.<\/div>\n

TikTok parent ByteDance and Shenzhen-based video gaming giant Tencent Holdings are the latest to launch AI price offensives.<\/p>\n

“China’s AI model landscape is vibrant and intensely competitive, with limited capability gaps across incumbents,” said analysts from investment consultancy Bank of America Securities in a research note on Monday.<\/p>\n

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ByteDance on Monday introduced Seedance 2.0 Mini, a video-generation model, with a price of 23 yuan (US$3.40) for 1 million tokens – half the price of the standard version of the popular model. The move followed a promotional campaign that offered rebates to users of its Coze AI agent platform.<\/p>\n

With its lower pricing, ByteDance joined AI rivals including Chinese frontier lab DeepSeek and smartphone-to-vehicle giant Xiaomi. Both cut prices in late May, with Xiaomi making its MiMo V2.5 model 99 per cent cheaper, triggering other frontier labs to follow.<\/p>\n

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Tencent last week cut prices for certain existing models on its TokenHub platform, slashing the cost of its own Hy-MT2-Pro by nearly 70 per cent. Hong Kong-listed MiniMax AI also halved the price for its newly released M3 model series. Meanwhile, Alibaba Group Holding launched a promotion tied to the 618 midyear sales event, offering 50 per cent off its newest Qwen3.7-Max AI system. Alibaba owns the South China Morning Post.<\/p>\n

The falling prices were welcomed by some of China’s AI-savvy users, including an office worker surnamed Li from Guangzhou, capital of China’s southern Guangdong province.<\/p>\n<\/div>\n

AI for less: price war in China deepens amid ‘intense’ competition<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

A price war is unfolding in China’s crowded artificial intelligence sector as companies cut rates or dangle promotions at a pivotal moment when falling costs and converging model capabilities are ratcheting up the competitive pressure, according to analysts. TikTok parent ByteDance and Shenzhen-based video gaming giant Tencent Holdings are the latest to launch AI price…<\/p>\n

Read More “AI for less: price war in China deepens amid \u2018intense\u2019 competition”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":21919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=21918"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/21919"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=21918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=21918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=21918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}