Polsia AI CEO Ben Cera‘s argued that China is releasing state-of-the-art open-source (SOTA) AI models in the U.S., like GLM-5.2, that perform nearly as well as leading frontier models at a fraction of the cost, making it hard for companies to justify spending $100 million when similar capabilities may be available for around $5 million.
In an X post on Tuesday, he cautioned that this would force enterprises to slash AI spending from millions to fractions, collapsing OpenAI and Anthropic valuations.
“China will crash the US stock market this year,” he wrote, while adding, “The bubble isn’t AI. It’s the price of AI. And it’s about to pop.”
In a subsequent reply to another user, Cera acknowledged that the “AI Model only” companies may be the biggest losers while hyperscalers like Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) would remain unscathed.
“Google has an infinite war chest. they’ll be fine,” he stated.
