Goldman Sachs flags Zhipu, DeepSeek and ByteDance as China AI winners
Goldman Sachs’ new 50‑page report ranks Chinese AI model makers using a three‑point framework—pricing power, cost advantage, and financial strength. It crowns Zhipu and DeepSeek as leaders in foundational text models and ByteDance in multimodal AI, while keeping Buy ratings on MiniMax and Kuaishou. The analysis signals where investors can find the most sustainable growth in China’s AI race.