S&P 5007,675.92▼0.4% Nasdaq26,749.30▼0.7% Dow51,245.74▼0.5% Russell 2K2,826.40▼0.4% 10-Yr5.12%+1bp VIX15.69+0.51 WTI$95.27▲3.4% Gold$4,292.50▼0.6% EUR/USD1.138▼0.6% BTC$84,310▼0.1% Nikkei65,514▲0.8%
At close · Thu, Sep 24, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›Hugging Face CEO says China’s AI models could catch up…

Hugging Face CEO says China’s AI models could catch up this year

Clément Delangue said Chinese open models may match or surpass U.S. systems sooner than expected, starting as early as 2025.

Hugging Face CEO Clément Delangue said China is advancing quickly in artificial intelligence, with Chinese models potentially catching up to the United States as soon as this year, according to CNBC Markets and CNBC World.

Delangue also argued China is gaining an edge in open model development, a segment he says could reshape how the market evaluates model capabilities in the near term.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.