Why China's Free AI Models Threaten OpenAI's $1 Trillion IPO

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November 12, 2025
ChatGPT's temporary chats might not be as private as you think, and there's evidence they're still being sent to OpenAI's servers. Chinese companies are releasing open-source models like Kimi K2 that compete with Western closed-source AI, which could completely undercut OpenAI's $1 trillion IPO plans and the entire business model of paid AI services.