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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4.

United statesWang shengZhao chongT ai chungYou yangLee kai fuXu liRobin li yanhongLe couedicAlain le couedicTongyi qianwen qwenYan lijieStanford universitySouth china morning postInnoangel fundNational university of singapore

LLM prices hit rock bottom in China as Alibaba Cloud enters the fray

Recent price cuts by Chinese AI players, including Alibaba Cloud, are pushing LLM prices to historic lows.

Bytedance doubaoLee kai fuBaidu wenxinAlibaba cloudErnie speedBernie lite

US lawmakers unveil bill to make it easier to restrict exports of AI models

US lawmakers unveil bill to make it easier to restrict exports of AI models
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

United statesJohn molenaarRaja krishnamoorthiLee kai fuMichael mccaulAlexandra alperCommerce departmentAcademy of artificial intelligenceInternational emergency economic powersHouse republicans michael mccaulMax wiseDemocrat raja krishnamoorthiInternational emergency economic powers actMeta platformBeijing academyArtificial intelligence

US officials seek easier pathways to ban AI exports and keep tech secrets in

US officials seek easier pathways to ban AI exports and keep tech secrets in
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesUnited statesJohn molenaarRaja krishnamoorthiMichael mccaulLee kai fuCommerce departmentPeople liberation armyHouse republicans michael mccaulDemocrats raja krishnamoorthiSusan wildAva labsLiberation army

US lawmakers introduce bill to ease restrictions on export of AI models

US lawmakers introduce bill to ease restrictions on export of AI models
thewestonforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewestonforum.com Daily Mail and Mail on Sunday newspapers.

United statesUnited arab emiratesMichael mccaulRaja krishnamurthyLee kai fuJohn molenaarInternational emergency economic powersAcademy of artificial intelligenceCommerce departmentRepublicans michael mccaulMax wiseDemocrat raja krishnamurthyInternational emergency economic powers actBeijing academyArtificial intelligenceUnited arab emirates based