Jing Yang points out the $0 revenue trap hitting China’s AI startups. ByteDance and BAT can open‑source thanks to cash‑cow businesses, but labs like Z.AI and MiniMax struggle to fund the model‑race, relying on one‑off deals. The gap reshapes the AI landscape. Watch: https://youtube.com/shorts/pCpTgBsH9zo #ChinaAI