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Chinese tech firms join the AI bandwagon: A look at the opportunities and roadblocks.
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Chinese tech firms join the AI bandwagon: A look at the opportunities and roadblocks.

By Andrew McCollum

Visitors experience an AI human-machine interactive game launched by Qualcomm at the 6th CIIE in Shanghai, China, on November 6, 2023.

Synopsis

The wave of approvals comes as China ramps up efforts to rival the US in technology, specifically AI. It has spurred more tech firms and startups to jump on the latest LLM bandwagon. However, some industry insiders anticipate that regulators would tighten their grip over the issuance of licences granted to new models, amid potential concerns of an overcrowded market.

Liu Peilin, Du Zhihang, Zhang Erchi, and Wang Xintong Since Beijing lifted the floodgates for Chinese firms to launch their artificial intelligence (AI) services, the momentum for homegrown large language models (LLMs) offerings has accelerated, with the number of releases this year surpassing that of US counterparts. Among the first large AI models to get the green light from Beijing are those developed by some of the country’s biggest tech

BY

Caixin Global

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