Jefferies has cut its view on the AI sector, citing intensifying competition and a widening US-China intelligence gap. The average API price gap between US and Chinese frontier models grew to 70% in September from 60% in August. OpenAI's GPT-6 Astra launched at a 150% premium, while other models saw significant price cuts, indicating a push into mid-to-low-end segments. This suggests a potential margin squeeze and increased volatility for AI players 🔗.
Jefferies cuts AI sector view as price war intensifies, US-China gap widens
STREETINSIDER.COMOct 1, 10:01 AM UTC
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