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ABC Australia
Is Chinese AI about to crush Silicon Valley?
14 minutes Posted Jul 5, 2026 at 4:00 pm.
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Last month the Trump administration forced AI company Anthropic to shut down two of its most powerful models because of national security concerns. 
It’s now lifted the ban, but while attention has been on the US, China has released an AI model that rivals the most advanced American offerings at a much lower price. 
Today, ABC finance expert Alan Kohler on what that means the tech bros in Silicon Valley. 
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Alan Kohler, ABC finance presenter and columnist