Total venture-capital investment in China in the first quarter fell 30 per cent quarter on quarter to US$11.5 billion amid economic uncertainty, geopolitical tensions, though China still accounted for eight of the top 10 deals.
‘Obvious gaps’ exist in the code-writing and operative abilities between domestic and first-class foreign models, an assessment by Tsinghua University found.
The competition among Chinese artificial intelligence chatbots is heating up, with Moonshot AI overtaking Alibaba’s Tongyi Qianwen and closing in on market leader Ernie Bot from Baidu, according to new data
Founded in March 2023, Moonshot AI is among the better-known startups developing generative artificial intelligence in China, hoping to eventually match the likes of OpenAI and Google.
(Bloomberg) Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a string of sizeable investments that suggest the e-commerce firm is again deploying capital in the hunt for growth.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsFreddie Mercury’s London Reside