Moonshot AI Slashes Marketing Budget Amid DeepSeek Competition
TMTPOST — Moonshot AI, a prominent player in the tech industry, has recently decided to significantly cut its product marketing budget, including suspending advertising on multiple Android channels and halting collaborations with third-party ad platforms. This move comes amid increasing competition from DeepSeek, a rising rival in the sector.
Moonshot AI had not responded by the press time.
The decision to reduce marketing expenditures marks a strategic shift for the company, which had previously been known for its aggressive spending to capture market share. Industry analysts suggest that the move reflects a broader trend of tech companies reevaluating their spending strategies in response to market pressures and competitive dynamics.
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