DeepSeek, MiniMax, and ByteDance each released new AI models on the same day this past week:
DeepSeek — public beta API for its V4-Flash model
MiniMax — a new multimodal model called H3
ByteDance — Seedance 2.5, a video-generation model
Three separate companies pushing out major releases within hours of each other shows how fast and competitive China's AI sector has become — DeepSeek focused on efficient, accessible models, MiniMax going multimodal, ByteDance leaning into generative video. It's part of why global tech markets keep reacting sharply to AI news out of China lately.
