Here's your Forbes Daily Briefing for Saturday, April 12th.

Today on Forbes, these Chinese AI companies could be the next Deepseek.

In January, a little-known Chinese AI lab named Deepseek

rocked the world when it released an advanced open-source model that rivaled those of U.S. tech giants, seemingly

using a fraction of their resources.

A who's-hoo of AI's juggernauts, from Open AI to Anthropic, lauded the company's achievements

while defending their own progress and methods. President Donald Trump called it a,

quote, wake-up call. But beyond that viral moment,

spun up by AI's own frothy hype cycle and a frenzy of geopolitical concerns, Deepseek's emergence

had a deeper impact. It put a spotlight on Chinese AI and gave it a face on an international stage.

Deepseek and other Chinese companies were not included on our just-released AI-50 list,

which honors the most promising privately held companies in artificial intelligence, because

their financials and business practices are opaque.

But they are worth highlighting as many of them make significant impacts beyond China,

thanks to an emphasis on open-source models made freely available for anyone to use.

Many of the Chinese AI models gaining traction are made by the country's tech giants. There's

video generation app, Han Yuan, owned by tech conglomerate Tencent, the $92 billion in

2024 revenue maker of WeChat. The company claims its recent so-called reasoning AI models,

which can answer complex questions by breaking them into smaller sub-questions,

outperform Deepseek's flagship models.

Then there's Dobow, a consumer-focused app from TikTok parent, ByteDance,

which has built spatial models that analyze physical environments and generate 3D landscapes.

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