This market will resolve according to the third-highest ranked primarily Chinese company based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab filtered for "Labs" is checked on November 30, 2026, 12:00 PM ET. Chinese Companies include but are not limited to Alibaba, Moonshot, Baidu, Z.ai, Xiaomi, DeepSeek, ByteDance, MiniMax, Meituan, Tencent, and StepFun. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese. Results from the "Lab Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control?rankBy=labs with style control off (Adjustments: None) and filtered for "Labs" will be used to resolve this market. Note: Models marked AutoEval at the applicable check time will not be considered, regardless of whether they display a rank or score. Qualifying Chinese AI companies will be ordered primarily

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This market will resolve according to the third-highest ranked primarily Chinese company based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab filtered for "Labs" is checked on November 30, 2026, 12:00 PM ET. Chinese Companies include but are not limited to Alibaba, Moonshot, Baidu, Z.ai, Xiaomi, DeepSeek, ByteDance, MiniMax, Meituan, Tencent, and StepFun. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese. Results from the "Lab Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control?rankBy=labs with style control off (Adjustments: None) and filtered for "Labs" will be used to resolve this market. Note: Models marked AutoEval at the applicable check time will not be considered, regardless of whether they display a rank or score. Qualifying Chinese AI companies will be ordered primarily
Prices reflect implied probabilities and change as people trade. Settlement is in USDC. The applicable platform fee is shown before confirmation. Predictions carry risk.
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