Hugging Face report: Chinese labs now release the largest open models

Model repos on Hugging Face grew from 2.43M to 2.96M; 1.5% of repos account for 99.2% of all downloads. China's largest open models ranged from 754B to 2.78T parameters, while US labs stayed under 130B in five of seven months; Xiaomi and Meituan both crossed 1T parameters.