Honestly you're kinda overhyping ubisoft. They might have tons of money but they've not been at the forefront for a long time. Ubisoft is the GM of the gaming world, zombie company somehow still floating. If I'd say which are the actual elite right now, it's Fromsoft, Valve, and then maybe CD project red and Mihoyo.
UbiSoft, like GM, might not be at the cutting edge but they are still both major Western firms in their respective industries. In fact, they represent state of the Western industry more than the new cutting edge companies like FromSoft.
So what is the forefront or cutting edge in AAA right now? FromSoft in AAA? Is
Elden Ring something that Game Science can't match or do better?
Or is FromSoftmore like Tesla which is better than GM, Ford, Stellantis and the rest of the Western industry's current rank and file but still needs tariffs to be protected from BYD and the other Chinese firms?
Valve? Counter Strike and DOTA (which basically is an offshoot of WarCraft) don't seem very advanced to me. I don't think Chinese firms are far behind or behind at all to even the best Western firms in AAA.
My point is Wukong and the AAA games coming up (
Phantom Blade Zero, Where Winds Meet, etc
.) show that the Chinese industry can match up technically with the West on their initial tries. UbiSoft is a good benchmark for AAA. You do need money to be a standard.