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How US companies flipped from 'tokenmaxxing' to 'thrift-maxxing', mixing cheaper Chinese models with OpenAI and Anthropic, threatening the labs' IPO valuations (Wall Street Journal)

Wall Street Journal: How US companies flipped from “tokenmaxxing” to “thrift-maxxing”, mixing cheaper Chinese models with OpenAI and Anthropic, threatening the labs' IPO valuations — Companies big and

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