What changed
DeepSeek publishing throughput numbers is the tell. Serving cost stops being a guess and becomes public math, which pressures every inference reseller in China.
GTC2026 Shanghai is opening an AI Hardware Zone and telling Chinese vendors to stop being background players abroad. Component makers are being pushed to sell direct to global buyers.
Hangzhou maternal and infant AI hardware startup raised over 200M and shipped three products at once. Chinese consumer AI hardware is going niche vertical by vertical, not phone-first.
Add it up: inference gets cheap and measurable, 3D editing gets cheap, hardware goes direct. The edge is cost per task, and Chinese labs are publishing the receipts.