Bloomberg Surveillance · Friday, July 17, 2026
Despite advancements in China's AI models, Dan Ives asserts that the United States maintains its lead in the overall AI revolution, particularly with key players like Nvidia. He believes the focus should be on the broader ecosystem of infrastructure and applications rather than just model development.
“I think for the first time in thirty years, it's not even a question that US is ahead of China when it comes to tech. Now when it comes to models in terms of the more of a commodization, open source and the way that they're going after. Are they ahead when it comes to robotics, when it comes to energy, Yeah, but there's one chip in the world. Few in the AI revolution, god father of AI, Jensen Nvidia, And I think what you see from hyper scours, what you see from open AI and anthropic, this is going to be an arms race. But I don't even think there's a question where the US is relative to China. When these moments happen, you'll see Jitters, white knuckles, stocks will sell up.”
“Because at the end of the day, the open source model, if you look whether it's deep sea or any others, when you compare it to what anthropics do into what open ai is doing, that's tip of the sphere. In other words, open AI and Anthropic they're going after the enterprise market. The models are just really the start of what the broader sort of end to end framework is going to be. When you think about where the vast majority of spending is going to be in AI, it's not un necessarily in the models.”