US Firms Send Nearly 90% of Open-Source Model Spending to Chinese Companies, Kimi Takes 61%

BigGo Finance reports that nearly 90% of US companies' spending on open-source models flows to Chinese firms, with Kimi taking 61%. Those two figures are the core of the story.

The report presents the market as shares: close to 90% for Chinese vendors as a group, and 61% for a single model family. The second number means Kimi is not one participant among many in that spending but the majority holder.

It is worth noting what the headline and summary leave out. There is no stated methodology, no time window, no sample of companies and no indication of the underlying data source. Whether the count covers API calls and hosted services only, or also folds in the engineering cost of self-hosted deployments, would change the conclusion considerably.

Even so, the distribution is worth recording. Open-source model purchasing has long been described as fragmented, price-sensitive and cheap to switch away from, and concentration at this level suggests buyers have converged more than expected.

Put together, the near-90% share and the 61% figure suggest this is not merely about Chinese models selling well, but about purchasing in open models having become highly concentrated. Concentration has two consequences: bargaining power moves toward a few suppliers, and tooling ecosystems coalesce around the leading models.

For Chinese model makers this is evidence of market position. For US enterprises it is a question about supply dependency, especially as data governance and compliance review tighten. The same dataset reads differently from each side.

What to watch is whether the full report publishes its methodology, and whether the shares keep moving in the same direction in the next period. A single reading can show a trend without proving that it has settled.