The race to dominate artificial intelligence is heating up. From OpenAI and Google to Anthropic, Meta, xAI, and a growing wave of ambitious startups, the world’s biggest technology companies are pouring billions into AI.

But who is actually winning—and what will determine the ultimate victor?

In this episode, we break down the AI arms race: the battle for better models, massive computing power, data, talent, users, and business models. We explore the strengths and weaknesses of the major players, the geopolitical competition between the U.S. and China, and whether there will even be a single winner.

Is AI heading toward one company’s monopoly, a handful of dominant players, or a future where open-source models change the game?

The AI war is already underway. The question is: who will come out on top?

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